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Collision/crash incidents, faulty workmanship, and natural catastrophes top aviation insurance claims globally, as repair costs and labor challenges rise, Allianz Commercial reports.
A new report by Milliman estimates that PFAS remediation costs for U.S. water districts could reach as high as $175 billion, helping companies and insurers quantify the potential exposure.
D&O insurance pricing for publicly traded companies falls in second-quarter, extending a streak that began in late 2017, report shows.
Gallagher Bassett study reveals how retailers are leveraging gift cards to streamline claims, preventing escalation and retain customers.
The latest people news in the industry today.
Marsh reports that global commercial insurance rates remain flat in Q2 2024, while U.S. rate hikes moderated to 1%.
Experts in this one-hour webinar will discuss dozens of data points that were garnered from an industry survey of more than 1300 frontline claims professionals.
Deepfake scams using AI to impersonate executives are on the rise, leading to significant financial risks for companies, according to HUB International.
Aon survey reveals business leaders struggle to keep pace with risks from trade, technology, weather, and workforce megatrends.
Construction fatalities rose nearly 40% from 2011-2022, with falls and transportation incidents as leading causes of worker deaths, according to a data bulletin from The Center for Construction Research and Training.
Rescheduling the drug would make it possible to add medical marijuana to workers’ compensation formularies, but the move would also introduce new employment liabilities.
“We find it a little surprising to see as much competition as we do in the public space, knowing that there’s the old inventory of claims and there’s a new inventory continuing to build. It’s a little bit of a surprise to me to see the market as competitive as it is.”
Global economic and insured losses from natural perils in H1 2024 exceed averages, with the U.S. bearing the brunt from severe convective storms.
Insurance M&A activity declines to 16-quarter low, but is higher than a decade ago and private equity interest remains strong, according to OPTIS Partners analysis.
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