Articles

Experts: One of the Biggest Gaps in Cyber is Explaining it to Customers

What's one of the biggest gaps in cyber? Good communication between the insurance industry and customers, who are in need of more than just products to help protect them from risks in the rapidly changing digital world. That was the consensus from a panel of experts speaking last month at the annual PLUS conference in downtown San Diego, Calif. The conference this year drew thousands of i...

Market Pressures Lead to Underwriting Losses for Medical Professional Liability Insurers

U.S. medical professional liability insurers reported an underwriting loss again last year, according to Fitch Ratings in a new report that says the results are drawing more scrutiny around reserves that are shrinking. For the second consecutive year, the medical professional liability insurers (MPLI) market reported a statutory underwriting loss, with a 102 combined ratio in both 2016 and 2017...