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Rebounding from a $24 billion loss, the U.S. property & casualty insurance industry posted a $3.8 billion net underwriting gain in H1 2024.
Complex claims — old and new — call for relationship-building to minimize surprises.
The transfer of reputational risks involves both preventative strategies as well as finding ways to mitigate the impact.
Worldwide losses could top $600 million, but impact on US airlines is muted.
An effective insurance program must fit your organization’s needs for tomorrow as well as today.
In the system we call capitalism, the prudent carry the profligate like hapless passengers.
Collectors of memorabilia and other items can obtain coverage and solid advice from a variety of specialty insurers.
Frustration with property CAT models is leading to change.
Earnings are up in P/C segments for many carriers, with high expectations for full year profits.
The complexities and nuances of these risks make it impossible for risk managers to find total coverage.
Larger ships using standard ports means less room for error.
Citing security concerns, many U.S. schools have cancelled study programs in Israel. Other travelers appear more cautious than scared.
In this softening marketplace, risk managers can reap the rewards of improved and robust coverage.
Political correctness may have good intentions, but the results lead to perdition.
Insurance payouts may help take some of the sting out of the loss of two Yankee star pitchers.
GM’s gambit to restore its reputation.
Money apparently can’t buy success at this year’s World Cup.
An over-reliance on models is diminishing the art of underwriting.
Experts say the latest round of WC reforms in California will not rival the success of reforms established a decade ago.
Insurers’ improved combined ratio no guarantee of softer markets ahead.
Workers’ comp insurer premium expansion largest since 2005-2007 hard market.