From the President
President and CEO
Do Insurers in Catastrophe-Prone Regions Buy Enough Reinsurance?
Insurers in catastrophe-prone areas use as much as four times more reinsurance than insurers in less risky areas, and this risk transfer significantly reduces their losses.Read More
What Does the Changing Economy Mean for Workers?
Between January 1990 and March 2016, pay fell by 2.9 percentage points as jobs shifted to sectors with lower pay, and the trend toward lower-paying sectors has continued in the recovery.
The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index decreased to –24 from –21, suggesting that growth in economic activity remained modest in late May and June.