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As repair costs and dangerous driving behaviors push premiums higher, monitoring programs demonstrate significant reductions in violations and claims severity, reports SambaSafety.
New technology deployments and extended forecast capabilities aim to improve storm tracking as experts anticipate 3-5 major hurricanes during continued “high activity era.”
The latest people news in the industry today.
Digital threats, economic pressures, and worker safety form critical risk triad for U.S. executives, Hartford survey shows.
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.
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.
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