Amidst heightened regulatory scrutiny and consumer vigilance, U.S. product recalls surged to a five-year high in Q1 2024, according to Sedgwick

QBE survey reveals cybersecurity threats, financial challenges, and labor shortages as the industry’s top concerns

NCCI analysis of 2023 results finds private workers’ comp carriers see continued profitability despite low premium growth.

Climate litigation is on the rise globally, with oil and gas companies as primary targets, potentially influencing future insurance policies: S&P

Marathon Strategies’ analysis details the increase in nuclear verdicts in 2023 and delves into factors driving these multi-million dollar jury awards.

Colorado ruling establishes that COVID-19 can be considered an occupational disease under certain circumstances

Sentry Insurance found that behavioral health issues delay return-to-work and claims resolution, underscoring need to focus on injured workers’ wellbeing.

Bret Ahnell of FM Global discusses the prolonged hard market in property insurance, the impact of climate change on the industry, and the company’s focus on expanding renewable energy coverage.

Intangible assets, like information and IP, are increasingly among a company’s most valuable assets, but face a coverage gap compared with physical assets, Aon report finds.

Joann Balous from Travelers discusses the changing dynamics of the CFO’s role in risk management, their concerns about cybersecurity, and their collaboration with risk management teams

Munich Re’s survey underscores the urgent need for robust cyber security and insurance amid escalating cyber threats and a widening protection gap

Kevin Rampe from Chubb shares insights on the future of claims management, focusing on the synergy between skilled professionals and advanced digital tools, the role of empathy in claims service, and the impact of data analytics on decision-making processes.

Jack Kuhn of Westfield Specialty shares his insights on the shifting dynamics of the insurance market, focusing on the opportunities and challenges in casualty and auto insurance lines.

Lauren Finnis of WTW explores significant shifts and emerging trends in insurance, from leveraging Gen AI to the future of underwriting in a rapidly evolving industry.

Navigating the complexities of insuring billion-dollar ‘mega projects’ in the construction industry, Adrian Pellen of NFP shares insights on leveraging data, technology, and innovative insurance products to manage risk.

Despite a drop in overall insurtech funding to $912 million, its lowest since Q1 2020, early-stage funding and AI-centered insurtechs are attracting investment, Gallagher Re observed.

Exploring the transformative power of technology in risk management, Redhand Advisors 2024 RMIS report highlights 2024’s top trends among users and vendors

A New York court officer wins his appeal for workers’ compensation benefits, challenging the definition of a 9/11 rescue worker eligible for benefits

Amid declining claim frequency and moderate claim severity changes, workers’ compensation insurance sees a notable decrease in bureau loss costs, the NCCI reports.

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.