Class action settlements hit $42 billion in 2024, exceeded only by 2023 and 2022 totals, according to analysis by Duane Morris.

With huge potential to change businesses as we know them, generative AI promises to cut costs and give companies a competitive edge. But implementation requires a detailed review of AI’s equally powerful risks.

The manufacturing industry remains an attractive target for cybercriminals. Facilities must put safeguards in place to prevent the devastating financial toll of a malicious attack.

Commercial insurers earnings are strong, but natural disasters, geopolitical risks, and mounting legal system challenges could upset the balance, the broker finds.

The 2024 Restaurant Risk Report by AmTrust details what’s driving workers’ comp costs for restaurant operators and how to make meaningful changes in workplace safety.

Insurers want to protect their customers. But the cost of that is increasing.

Commercial insurers maintain stability despite market challenges, as strong underwriting and pricing drive continued profitability, according to AM Best.

Five emerging liability claim trends are reshaping the risk landscape, finds a report by Allianz Commercial.

Philadelphia Insurance Companies’ Trevor Salman discusses how premises pollution coverage can be a valuable addition to environmental coverage, particularly as our climate changes.

Marsh’s Global Insurance Market Index experienced wide variations in rates by region and line of coverage in 3Q 2024.

Despite potential headwinds, more stable rates and competition keep pricing favorable for commercial insurance buyers, Lockton reports.

In commercial auto management, telematics can be a double-edged sword — but would you rather go into battle unarmed?

Aon’s Q2 Global Market Insights report reveals a complex commercial insurance landscape that is growth oriented, but also more disciplined.

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.

Marsh reports that global commercial insurance rates remain flat in Q2 2024, while U.S. rate hikes moderated to 1%.

The transition to renewable energy is well underway, and insurers are working to help the sector overcome its growing pains.

Gallagher report highlights how insurance policies can respond to global protests and civil unrest, urging proactive risk mitigation.

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.

Jury verdicts exceeding $10 million are on the rise, impacting businesses, industries, and society, according to Institute for Legal Reform analysis.