The Post and Courier reported on a recent study conducted by Health Affairs that shows urgent care centers are a significant cost to the U.S. health care system. The study reports that 37 urgent care visits were associated with only one fewer visit to the emergency room. Dr. … [Read more...] about The Post and Courier 4/19/2021- Urgent care has proliferated across SC as new research raises questions about cost
Chubb made an unsolicited $23.2 billion bid for The Hartford. As Dr. Robert Hartwig points out, there are commercial lines synergies, but "he described the Chubb proposal as a chess game by CEO Greenberg, with the commercial lines business being the initial move of the pawn in a … [Read more...] about Insurance Journal 3/19/2021- Why Its Bid for The Hartford Is a Personal Lines ‘Chess’ Move by Chubb
The National Association of Mutual Insurance Companies (NAMIC) podcast invited Dr. Robert Hartwig to share how COVID-19 has impacted the insurance industry and the challenges the that lie ahead for the industry. Listen to the podcast here. … [Read more...] about NAMIC Insurance Uncovered Podcast 3/10/2021- COVID-19 One Year Later
Click here to view the Winter 2021 Newsletter in your browser. … [Read more...] about Winter 2021 RMI Newsletter
Dr. Robert Hartwig and Dr. Ai He, a finance professor, were both quoted in the 2020 issue of the Darla Moore School of Business’ Moore Magazine. They are featured on pages 20-22 in an article, "Weathering the Storm," about research on natural disasters having lasting impacts on … [Read more...] about Moore Magazine 2020 Issue- “Weathering the Storm”
The Moore School of Business' RMI program was named the fourth largest risk management and insurance school in the U.S. by Business Insurance, as mentioned in a previous post. This accomplishment was highlighted on the Darla Moore School of Business website. “The Moore School’s … [Read more...] about Darla Moore School of Business Website 12/21/2020- Risk management and insurance program named the fourth largest in U.S.
Health care spending appears to be about 2 percent lower this year than last, which is the first decrease in health care spending since data first became available in the 1960s. While this may seem positive because health care costs in the U.S. are extremely high, the reasons … [Read more...] about The Post and Courier 12/14/2020- US health care costs are trending down in 2020, but that’s not necessarily a good thing
Zurich Insurance is acquiring MetLife's car and home insurance business for $3.94 billion. This deal represents the big push by car insurers to gain more scale to fund advertising and support technological changes. Dr. Robert Hartwig said, "There's no question that auto insurance … [Read more...] about The Wall Street Journal 12/11/2020- MetLife to Sell Car and Home Insurance Unit to Zurich for Nearly $4 Billion
The Business Insurance magazine just released their “2020 Risk Management and Insurance Schools Rankings and Directory.” The Risk Management and Insurance program here at the University of South Carolina is ranked fourth largest overall in the U.S. and fifth largest for … [Read more...] about RMI Program at USC Ranks Fourth Largest in the United States
Dr. Robert Hartwig was quoted in a Wall Street Journal article about the partnership between General Motors and American Family Insurance. The plan is for GM to market car insurance based on real-time data from onboard computers, which is known as telematics. Dr. Hartwig predicts … [Read more...] about The Wall Street Journal 11/19/2020- Car Insurers Struggle to Track Driving Behavior. GM May Have a Better Way to Do It.