by Daniel Brouse In recent inflation reports, homeowners’ insurance, wages, and auto insurance have emerged as primary drivers contributing to the persistence of inflation. The inflationary pressures on auto insurance have been further exacerbated by two key factors: 1) Collision coverage: The prevalence of accidents caused by distracted driving, particularly due to cell phone usage, […]
Tag Archives: insurance
Inflation Update: Auto Insurance
The Cost of Climate Change: USD 178 trillion
“Time is no longer running out to act on climate change; it’s up,” reports Deloitte. Unchecked climate change could cost the global economy USD 178 trillion over the next 50 years. “The human costs would be far greater: a lack of food and water, a loss of jobs, worsening health and well-being, reduced standard of […]
Climate change jumps to biggest risk for insurers.
Casualty Actuarial Society 12th Annual Survey of Emerging RisksKey Findings Top Current Risk 1.Climate change 12th-emerging-risk-survey
When Storms Collide
October 29, 2012 — The worst case scenario is about to take place for the New Jersey Shore. Hurricane Sandy is expected make landfall during high tide. Part of the Atlantic City boardwalk has already been washed away. October 26, 2012 — Though hurricane Sandy has been downgraded, there is a chance the Northeastern United […]