Tag: insurance study

Swiss Re reports on commercial insurance market

Nordstrom
International Insurance fund news

Commercial insurance market facing new challenges as economies evolve Swiss Re, one of the world’s leading reinsurance groups, has released a new report concerning the state of the commercial insurance market and the challenges it is beginning to face. The report highlights the changes an evolving global economy are having on the commercial insurance market, suggesting that this evolution is producing new risks that could harm the market if proper precautions are not taken. Despite these risks, however, the commercial insurance market is showing aggressive growth, especially in under-developed countries.…

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Women may not have enough knowledge about their life insurance policies, says MetLife

S.Vagus

A new study from MetLife Insurance shows that working women may not be as knowledgeable about their life insurance policies as they should be. The study, titled MetLife 2011 Insurance Literacy Study, finds that 45% of working women have not taken a second look at their insurance needs since obtaining their first life insurance policy. This could leave their families at financial risk should the unexpected happen. Researchers with MetLife say that more steps should be taken to educate consumers on how their needs change over time and the importance…

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Reports suggest that employers will not be cutting back on insurance benefits due to reform

By now, the controversy surrounding the McKinsey & Co. report is well known. The report, released earlier this year, claims that the federal healthcare law, the Affordable Care Act, will leave more people without insurance than there are now. Politicians have been debating the findings of the study but there is little in the way of evidence they can offer to counter the claims therein. However, two new reports sponsored by the Robert Wood Johnson Foundation, the largest philanthropy organization devoted to health care issues in the U.S., refutes the…

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Recent insurance study reveals who is driving without insurance

Marc

InsuranceQuotes.com has released the results of a recent survey they conducted regarding motorists. The company surveyed some 2,366 drivers aged 18 and older from across the nation and found that 16% of them have driven without insurance coverage. Nearly half of those drivers said that they only did so because they were unable to afford insurance coverage, citing the economic hardship as one of the primary factors for them being unable to cope with premiums. An additional .2% of participants admitted to currently having no auto insurance coverage at all.…

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Insurance study shows red light cameras are saving lives

Marc

 The findings by the institute, which is a nonprofit group funded by the insurance industry, states that in 14 of the largest cities in America, 159 lives were saved during the time-frame of 2004 to 2008 due to red-light cameras.  The design of the camera is to capture motor vehicles that are running red lights. Researchers claim if they had been operating in all large cities in America during this time-frame, 815 lives would have been saved.  Red-light crashes or T-bone crashes as they are often referred to are some…

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