Court holds insurers are not required to cover $90 million in settlements related to shareholder lawsuits stemming from Towers Watson’s merger with Willis

Amid increased competition and capacity, the April 1 reinsurance renewals signal a more predictable market, with competition for higher catastrophe layers, according to a report by Aon.

Despite challenges related to cost, data quality, and bias, 66% of insurers plan to adopt AI in their operations this year, according to an EAIC survey.

Generative AI’s potential to transform insurance distribution, boosting revenues and cutting costs, is explored in a new report by Bain & Company.

The commercial litigation finance industry saw a drop in new funding, reshuffling of professionals, and key exits, Westfleet Advisors reports

Hi Marley’s analysis of common questions in workers’ comp claims finds opportunities for improved efficiency and communication to drive better outcomes

Gartner’s cybersecurity predictions for 2024 reveal a shift toward GenAI adoption, increased focus on human behavior, and the escalating cost of combating misinformation.

Exploring the complex relationship between wages and temporary disability benefits duration, this report reveals higher-paid, older workers typically receive longer-term benefits

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.

With global insured losses from natural disasters hitting $108 billion in 2023, Swiss Re emphasizes the urgent need for adaptation measures and climate risk mitigation.

Health and safety risks top the list for global directors and officers, surpassing cyberattacks and data loss, according to survey from WTW, Clyde & Co.

Despite a 9.9% growth in net earned premiums, the US property/casualty industry reported a $21.2 billion underwriting loss in 2023, according to a report by AM Best.

The 2024 FM Global Resilience Index, with six new risk factors, guides businesses in strategic decision-making on property and operations in the most resilient business environment.

Despite a dip in M&A activity in 2023, transactional risk insurance thrived, with tech leading the pack in deal value, reveals a Marsh report.

Insurance CROs are optimistic about their ability to shore up their operational defenses in 2024 despite global economic headwinds, and complex emerging risks, EY/IIF survey finds

The rise of generative AI and Large Language Models (LLMs) heralds a new era in cyber risk, potentially enabling more effective and widespread cyber-attacks, warns a recent report from Lloyd’s.

The ILS market reached $100 billion in 2023, driven by fewer major natural disasters plus efforts to de-risk portfolios, AM Best reports.

The U.S. construction insurance market is stabilizing after a challenging period, but will still face rate pressures due to inflation, interest rate uncertainty, and rising claims costs, according to a recent WTW report.