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An insured’s claims philosophy will be key to navigating these challenging conditions.
The latest people news in the industry today.
Limiting tax exclusions for workplace health coverage to 75th percentile would reduce GDP by $10 billion annually in first decade, warns report.
U.S. property and casualty insurers rebound with $22.9 billion underwriting gain, marking dramatic turnaround from 2023 losses, AM Best reports.
Global companies face $1.2 trillion in annual climate costs by 2050s, with heat and water stress leading impacts, an S&P analysis finds.
Global trade patterns face disruption as geopolitical tensions reshape traditional business relationships and risk management approaches, Marsh reports.
Insurance M&A activity expected to rise in 2025 despite fewer deals and extended completion timelines in 2024, Deloitte reports.
Gallagher’s Brandon Cole operates in the nonprofit sector of insurance. He says specialization leads to strong relationships and alignment with clients and underwriters alike.
Some 60% of SMBs fear cyber threats while only 23% feel prepared against ransomware attacks, Coalition reports.
Commercial insurance pricing rises 5.6% as auto liability hits record increases while other segments show moderation, according to WTW research.
D&O insurance market faces mounting risks as premiums decline, challenging insurers’ ability to maintain profitability, AM Best reports.
Court rules that Amazon Flex drivers are employees, not contractors for unemployment tax purposes.
2024 Public Sector Power Broker winner Marcus Henthorn dives into public sector brokering, from its challenging lines to AI’s impact on the industry.
The Supreme Court of New Hampshire recently overturned a decision that denied a widow’s request to be added as a dependent for death benefits after her husband’s work-related death.