Marathon Strategies report reveals 52% increase in multi-million dollar awards, even as several states pursue legislative reforms to curb rising liability.
P&C insurers projected to maintain 10% ROE through 2026 despite slowing premium growth, tariff-driven auto parts inflation, catastrophe losses, and ongoing reserve challenges: Swiss Re.
Social inflation and mounting reserve challenges are hitting the casualty reinsurance market amid abundant capacity and investor interest, AM Best reports.
Securities class actions rise in 2024, with AI and COVID-19 cases leading growth while SPAC filings plummet, shows a report by Cornerstone Research and Stanford Law School.
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.