The number of filings in most trend categories is on pace to decline in 2024, except for AI and COVID-19-related filings, which are on pace to increase, the report finds.
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.
RAND research of 2010-2019 data suggests social inflation may be on the rise, but says further investigation is needed to confirm the trend is not caused by other factors.
Commercial real estate should see improved property insurance conditions in 2024, while the casualty market grapples with rising claims costs due to lawsuit abuse, Gallagher reports.
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.
United Educators’ 2023 report reveals escalating financial risks in education due to rising liability claims, emphasizing the need for robust risk management.
Despite the growing interest, United Educators has not seen an increase in animal-related claims. Over the last 13 years, it has only had 10 claims related to emotional support animals, service dogs or pets across its 1,600 members.
COVID’s still here, but with the global public emergency lifted, in-person events have returned in full effect. To keep their guests safe, event organizers and venue operators can benefit from a helping hand.