Loss Control

Les Misrables features the song of "angry men." Today's songs and protests decry college debt, foreclosures and maxed-out credit cards.

Last Tuesday, California became the third state to legalize driverless cars, a concept automobile under development by Google that could one day revolutionize the way we drive. But the development raises a host of liability questions for insurers.

Catlin's Seaview Survey shows that coral reefs, the first defense against coastal storm surges, are vanishing. Catlin is sponsoring the Survey to better understand the changes occurring to the planet so better decisions can be made about how to insure developing risks.

China's fledgling insurance and reinsurance market cannot meet the soaring costs of natural disasters, but has the data and modeling capability to offload the risk to the private market via insurance-linked securities solutions.

Increases in claim severity and, more recently, frequency are responsible for a 7.4 percent annualized rate of increase in homeowners claims costs from 1997 to 2011, the Insurance Research Council says in a new study.

Prescription opioids are a major reason for the skyrocketing cost of workers compensation insurance, as evidence points to harmful consequences from the long-term use of the medication, says a report from insurance broker Lockton.