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Severe weather losses, reinsurance costs and persistent inflation drive U.S. P&C insurer results in 2023
MSL Captive Solutions hires a chief underwriting officer, the U.S. Justice Department appoints a chief AI officer, and more in this edition of People on the Move.
United Educators’ 2023 report reveals escalating financial risks in education due to rising liability claims, emphasizing the need for robust risk management.
Despite a slowdown in premium increases, The Council’s Q4 2023 survey reveals rising commercial property premiums and customer dissatisfaction, prompting brokers to prioritize enhancing customer experience.
Facing increased competition and regulatory pressures, the U.S. D&O insurers receive a negative outlook with declining premiums and rising legal expenses.
As reinsurance rates stabilize, Lockton says higher property insurance rates persist, driven by insurer concerns over catastrophe losses and increased primary retentions
Unveiling the hidden costs of legal system abuses, this survey highlights the need for transparency and reform in civil litigation financing.
Despite record growth in 2023, U.S. middle market companies remain cautious, grappling with inflation, cybersecurity threats, and insurance coverage gaps, reveals a Chubb and NCMM report.
Exploring the rise in cumulative trauma claims, a recent CWCI study reveals the impact of tenure, industry sector, and wage scale on California’s workers’ compensation system
After a lull in 2023, Deloitte predicts a resurgence in insurance M&A activity in 2024, driven by private equity and external investments.
The data from FLIP’s report offers valuable insights for small to mid-sized operators in the food industry, helping them benchmark their claims experience and prospects for business growth
The latest industry hiring and promotion announcements, from a new managing director at Sedgwick to a newly named Risk Strategies Consulting president and more.
Credit and economic risks top the concerns for Canada’s financial sector, with cyber risk and technology/innovation risk emerging as significant threats, reveals a Global Risk Institute survey.
The Insurance-Linked Securities market saw a record surge in catastrophe bond issuance and robust growth in 2023, driven by a calm catastrophe year and new risk offerings.
This year 12 brokers were selected as At Large Power Brokers. An additional two were named as finalists.
This year 6 brokers were selected as Agriculture Power Brokers. An additional one broker was named a finalist.
This year 6 brokers were selected as Construction Power Brokers.
This year 6 brokers were selected as Captives Power Brokers. An additional 4 were named as finalists.
This year 6 brokers were named Cyber Power Brokers. An additional 4 were named as finalists.
This year 6 brokers were selected as Education Power Brokers. An additional 5 were named as finalists.
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