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Boosted by improved profitability and ROE, the global reinsurance industry saw a 12% increase in capital to $729 billion in 2023, Gallagher Re reports
Trustpair cofounder Baptiste Collot delves into the evolving landscape of vendor payment fraud, AI’s role in facilitating this crime, and how his company is combating the threat.
Exploring the impact of psychosocial factors on physical therapy, a WCRI study highlights the need for holistic, targeted interventions to improve outcomes for low back pain patients.
MarketScout reports that U.S. commercial insurance rates rose 3.9% in Q1 2024, led by cyber, auto and property insurance
The Hartford joins a growing-list of insurers that have withdrawn from California’s homeowners insurance market.
The U.S. Supreme Court’s decision upholds the enforceability of choice-of-law provisions in marine insurance contracts, and is expected to curb forum shopping.
Latest hiring news from insurance and risk management industry.
Despite a maturing cyber insurance market, Munich Re’s report reveals a significant gap in coverage, with 87% of decision makers feeling inadequately protected against cyberattacks.
The latest hiring announcement in the industry today.
The latest promotion announcement in the industry today.
Consent and cooperation provisions in a D&O policy cannot be used by one insured party to prevent coverage for another insured party’s settlement.
The 9th Circuit held that Heritage Bank of Commerce did not strictly comply with the notice provision under its claims-made-and-reported policy.
The latest appointment in the commercial insurance space
Despite strong underwriting results in 2023, Fitch Ratings reports that the U.S. D&O insurance market faces declining premiums and emerging litigation risks.
Court holds insurers are not required to cover $90 million in settlements related to shareholder lawsuits stemming from Towers Watson’s merger with Willis
Amid increased competition and capacity, the April 1 reinsurance renewals signal a more predictable market, with competition for higher catastrophe layers, according to a report by Aon.
Where increasingly severe weather meets growing populations, property damage from wind, hail and flood may seem inevitable. Fortunately, there’s much that property risk engineers can do.
Despite challenges related to cost, data quality, and bias, 66% of insurers plan to adopt AI in their operations this year, according to an EAIC survey.
The latest hiring announcement within the insurance and risk management industry.
Generative AI’s potential to transform insurance distribution, boosting revenues and cutting costs, is explored in a new report by Bain & Company.
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