At St. Joseph’s University, future risk management professionals tried their hands at developing Insurtech solutions that could lower quotes and make the underwriting process more efficient.

Insurance pricing is up. Stepping to the plate is AXA XL’s Joe Tocco, who has a lot to say about the role of brokers and underwriters in navigating shifting markets.

1,680 of the nation’s high-hazard dams are in risky condition. When they break they endanger people, interrupt businesses and cause massive property damage. 

Just because commercial insurance pricing is increasing doesn’t mean you can’t have a great renewal. And remember, the price of insurance is just one piece of the risk management puzzle.

Long a fixture in property brokering at Marsh, Duncan Ellis makes the move to AIG to be part of a revamped underwriting approach at the venerable carrier.

Trying to forestall wildfire damage, PG&E willingly shut down service to customers. More of this, not less, is on the way, which makes business resiliency planning all the more important.

The new U.S. tax laws limit the percentage of a loss that insurers can write down for tax purposes. That’s one of four key factors that is leading to a hard market for commercial property insurance.

A recent study released by FM Global and commissioned from Pentland Analytics outlines hurricanes’ direct effect on shareholder value.

Here are some key indicators, provided by award winning risk managers, that you can use as benchmarks to determine if your commercial insurance broker is doing a good job.

Cat 5 Hurricane Irma rolled through the Florida Keys in 2017 and battered Aquasol Condominium Association. In court, Aquasol’s condo owners sought repairs.

No two construction projects are the same. That’s where artificial intelligence can help in the transfer of complex risk information.

A ‘city-killer’ asteroid surprised scientists when it got uncomfortably close to Earth this July, with more giant asteroids set to pass the planet before summer’s end.

The business of placing coverage for alternative energy projects has gotten a lot more complicated.

With ‘traditional’ insurance pulling back in some lines, insureds are using captives to fill in the gaps.

Conditions in the senior living insurance market have changed over the last 18 to 24 months and most dramatically over the last 6 months. The moment is now to invest time and/or resources in your organization’s insurance procurement process.

In the first six months of 2019, it has already been a challenging year for commercial insurance. Here’s what lines will likely be impacted moving forward.

A recent bourbon warehouse fire in Kentucky provides yet another example of the environmental risks that can follow on the heels of catastrophes, such as fire or flood.

Natural catastrophes are growing in severity, resulting in an increase in uninsured losses. Numerous technologies are emerging to aid resiliency.

Builder’s risk policies come with certain benefits because they offer all risk coverage. But there are downsides to consider.

Total economic losses from natural catastrophes and man-made disasters in 2018 were $165 billion, and that number is only growing.