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American Insurance Blog

All You Ever Wanted to Know About Insurance

Workers Comp Sparked By 100 Year Old Tragedy

On March 25, 1911 the Triangle Shirtwaist Factory in New York City caught fire taking the lives of 146 people. This tragedy led to the beginnings of workers compensation insurance and ushered in a new era of workplace...

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Obama Care - One Year Later

March 23rd marked the one-year anniversary of the Patient Protection and Affordable Care Act (PPACA). The date was marked with numerous events on Capitol Hill and around the country, some celebrating its enactment and...

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Japan Quake Disrupts Global Supply Chains

Global supply chain disruptions for thousands of multinational companies that rely on Japanese manufacturers for goods and services, as well as for sales, will be significant and last up to several months predicts Marsh...

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Insurance Goes Nuclear

If you lived in the shadow of a nuclear power plant would you have any insurance to cover your loss due to a nuclear accident? As events unfold at Japan's Fukushima Daiichi nuclear power plant following the devastating...

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Japan: Insured Losses $35B

Based on currently available information, the estimates of insured property losses from Japan's earthquake are between $15 billion and $35 billion USD according to AIR Worldwide, a pioneer in catastrophe modeling...

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10 Costliest Catastrophes

The cost of natural disasters can be counted in many different ways - loss of life, overall economic loss both public and private, insured and uninsured property loss, loss of business revenue, etc. No matter how you...

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Insurer Losses Increased in 2010

Fueled by worldwide catastrophe losses, the combined ratios (claims + expenses) of US Insurance and reinsurance companies deteriorated 3.4% in 2010 compared to 2009. Fitch Ratings, in its annual report that compiled the...

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Can Insurers Withstand Catastrophes?

Insurers and reinsurers worldwide have the financial strength to pay the claims that will emerge from Japan's 9.0 magnitude earthquake and the resulting tsunami but these events, coupled with the severe quakes that...

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9 Million Lose Health Benefits

An estimated 9 million working-age adults became uninsured last year due to recession job losses according to the new Commonwealth Fund 2010 Biennial Health Insurance Survey. The recession has stripped millions of...

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Health Insurance - Employers Taking Bold Action

Employers are taking bold action to manage health care costs and offer affordable care according to the National Business Group on Health Survey just released by Towers Watson. Over the past year, employers have focused...

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Workplace Deaths At All-Time Low in Oregon

Seventeen people covered by Oregon's workers' compensation system died on the job during 2010, the Department of Consumer and Business Services (DCBS) announced today. The total represents an all-time low in Oregon. The...

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