South Carolina’s liquor liability insurance market is in crisis, with insurers losing an average of $1.77 for every $1.00 of premium earned since 2017, while claim frequencies significantly outpace neighboring states, according to a recent study by the state’s Department of Insurance. The comprehensive analysis, initiated following a 2019 request by the South Carolina Senate … Read more
Insurance affordability in Georgia is dwindling as claim frequency and insurer costs soar, according to the latest issue brief from Insurance Information Institute (Triple-I), Trends and Insights: Georgia Insurance Affordability. Given the state’s below-average income vs. above-average insurance expenditures, Georgia ranks 42nd on the list of affordable states for homeowners insurance and 47th (plummeting from … Read more
Ben Franklin famously said that there’s only two things certain in life — death and taxes — but were he a CIO, he likely would have added a third certainty: data growth. File data is not immune. The general rule of thumb is that file data will double every two to three years, and that … Read more
On August 28, 2023, Enrique Medina saw his primary care doctor for a routine appointment. During the physical exam, his doctor noticed that Medina had a heart murmur and scheduled an ultrasound of his heart. The results were worrying: Medina had 2 blocked arteries and a faulty heart valve. Although Medina wasn’t experiencing any symptoms … Read more
An increase in economic growth in southern Europe – combined with stagnation in the French and German economies – has led to talk of a “reversal of fortunes” in the Eurozone. Yet as Bob Hancké explains, the economic reality may be much bleaker than it appears. It’s hard not to be even a little bit … Read more