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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.
The commercial litigation finance industry saw a drop in new funding, reshuffling of professionals, and key exits, Westfleet Advisors reports
Hi Marley’s analysis of common questions in workers’ comp claims finds opportunities for improved efficiency and communication to drive better outcomes
The solar panels rapidly being deployed across the country are vulnerable to damage from hail and costly to replace, limiting their risk transfer options. Parametric insurance injects some much-needed flexibility.
The latest hiring announcement in the commercial insurance space.
The latest hiring announcement in the commercial insurance space
The latest hiring announcement in the commercial insurance space today.
Gartner’s cybersecurity predictions for 2024 reveal a shift toward GenAI adoption, increased focus on human behavior, and the escalating cost of combating misinformation.
Exploring the complex relationship between wages and temporary disability benefits duration, this report reveals higher-paid, older workers typically receive longer-term benefits
With corporate spending on class action lawsuits hitting $4 billion in 2023, labor and employment-related claims emerge as primary drivers of these cases, according to a Carlton Fields.
With global insured losses from natural disasters hitting $108 billion in 2023, Swiss Re emphasizes the urgent need for adaptation measures and climate risk mitigation.
Health and safety risks top the list for global directors and officers, surpassing cyberattacks and data loss, according to survey from WTW, Clyde & Co.
Despite a 9.9% growth in net earned premiums, the US property/casualty industry reported a $21.2 billion underwriting loss in 2023, according to a report by AM Best.
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