The negotiating table is a key platform in the ability of insurers to manage runaway legal settlement costs. Much more can be done to strengthen the hand of the defense.
As retailers prepare for the 2025 holiday rush, two priorities will make or break the season: bringing on reliable seasonal staff quickly and keeping employees and customers safe through peak traffic.
Despite steady reserve declines over a decade, concentrated asbestos losses among major insurers are pressuring the industry’s $146 billion ultimate A&E exposure, AM Best reports.
As workers’ compensation claims become more costly and time-consuming to resolve, understanding the multiple factors driving complexity has never been more critical for effective claims management.
Long-tail asbestos and environmental liabilities show signs of extending beyond carrier expectations, raising concerns about reserve adequacy, S&P Global Market Intelligence reports.
As climate change loses ground to geopolitical instability and cybersecurity threats, AXA’s latest research reveals a world where the erosion of trust and social cohesion are making every crisis harder to overcome.
New data from AmTrust Financial reveals that while cuts dominate restaurant injury statistics, muscle strains create the heaviest financial burden—costing nearly 500% more per claim than the industry’s most common injuries.
A decade-long analysis of more than 300 cyber claims reveals that a small number of large losses drive the majority of cyber costs—and ransomware remains the most disruptive force.
Multiple converging forces from climate change to AI adoption are fundamentally reshaping how insurers assess risk and process property insurance claims, according to Sedgwick.