This message was sent to ##Email##
|
|
|
|
|
PIA Western Alliance
We're in month seven of 2017 and already insurance experts are talking net losses. The quarterly ISO and Property Casualty Insurers Association of America (PCI) report on income and losses is negative.
It says the first quarter of 2017 net income after taxes dropped 42.2% to $7.7 billion. In 2016 the net income was $13.4 billion so the drop is significant and the lowest since the fourth quarter of 2012.
READ MORE
PIA Western Alliance
Sen. Ricardo Lara and the California Nurse's Association wanted the California Legislature to implement a single-payer health care system. The cost estimate — $400 billion a year.
That's an estimate. Some experts say that's a low number considering Lara and the nurses said their system will take care of the health care of anyone — legal or illegal — in California. The idea set off conservatives and ignited a war of words among the state's Democrats.
READ MORE
PIA Western Alliance
This all could change in a blink. The drama of repealing and replacing the Affordable Care Act is ongoing. For now, however, pundits keep punditing. The media keeps doing what media does and it talks. So do Republicans and so do Democrats but not to each other.
READ MORE
 |
|
Great for 1, 2 or 3 Employees
Minimum Premiums as low as $500
Rated A by AM Best
Instant Online Indications
No Loss Runs Required
Bind Coverage with No Deposit
Click here for more info.
|
|
PIA Western Alliance
For years we've been hearing about how robots and artificial intelligence are taking away insurance jobs. Now there is a report from the artificial intelligence experts at Tractable that says maybe the opposite is happening.
Or at least it could happen.
READ MORE
PIA Western Alliance
The Federal Reserve and the Federal Deposition Insurance Corporation (FDIC) are charged with making sure banks and the insurance companies designated as significantly important financial institutions (SIFI) put together a plan to unwind safely if they get into deep financial waters. Eight of the nation's largest banks submitted what the Fed and the FDIC are calling living wills. Now regulators from both will look at those documents to make sure the plans will really work.
READ MORE
PIA Western Alliance
Bicycle riding is a not only a growing hobby, but it is growing alternative for all forms of transportation needs from going to work to shopping. More bicycles on the road has led to bike paths on most city streets and on some highways. It has also caused more consternation for motorists trying to get by them.
READ MORE
PIA Western Alliance
The National Safety Council (NSC) says on average more than 130,000 people are killed nationwide every year by preventable causes. And those deaths are climbing at an even faster rate lately because of distracted driving and opioid abuse. In 2015 — the last year of the recently compiled stats — the death count jumped 7% to 146,000.
READ MORE
| |
MISSED AN ISSUE OF PIA WEEKLY INDUSTRY BRIEF? VISIT AND SEARCH THE ARCHIVE TODAY. |
PIA Western Alliance
Allstate does the annual Allstate America's Best Drivers Report. It takes a look at the driving habits in the nation's 200 largest cities and the metropolitan areas that surround them. The report's data comes from the average number of years between claims, the claims likelihood when compared to the national average and the hard braking numbers per 1,000 miles driven.
READ MORE
PIA Western Alliance
READ MORE
|
Missed last week's issue? See which articles your colleagues read most.
|
|
Don't be left behind. Click here to see what else you missed.
|
|
|
|
|
|
|
|
|
|
7701 Las Colinas Ridge, Ste. 800, Irving, TX 75063
|
