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Policy changes create uncertainty as consumer products and pharmaceutical recalls climb while automotive sector finds relief, Sedgwick reports.
RIMS recognizes Cruywagen, Meltzer, and Wood for international leadership and educational contributions.
The workers’ compensation insurance industry posted an 86% combined ratio in 2024—marking its 11th straight year of underwriting gains, according to NCCI’s State of the Line report.
Medium-Sized Accounts Experience Largest Decrease While Third-Party Litigation Funding Impacts Casualty Lines, CIAB research finds.
WTW survey reveals shift in priorities as pandemic concerns recede; most organizations still struggle with unexpected supply chain losses.
The latest people news in the industry today.
Triple-digit growth among top fronting carriers and evolving reinsurance strategies signal promising future despite performance headwinds in key lines, Gallagher Re reports.
AXIS/Harris Poll finds widespread stress and anxiety affecting 88% of insurance industry workers.
Despite claims severity remaining stable in 2024, proactive cyber security measures show a measurable impact in claims frequency: Coalition reports.
AI-driven innovation and strategic investments fuel the ‘insurtech spring’ as P&C insurtechs lead recovery with $1.13 billion in fresh capital, Gallagher Re reports.
Personal lines lead sector’s recovery with 10-point improvement in combined ratio, while commercial segment shows mixed performance, S&P reports.
Nationwide survey reveals severe weather worries now a top concern for commercial property owners in wildfire-prone states and hurricane regions.
High-risk sectors face premium increases and coverage restrictions while new market entrants create competitive pricing for others, Gallagher reports.