As businesses face increasing ‘polycrisis’ threats, traditional risk management approaches need an update for today’s interconnected challenges, per a RIMS executive report.
Product recalls surge across key industries in 2024, with over 580 million units affected through September alone, Sedgwick’s quarterly analysis reveals.
Surge in telemedicine creates liability risks as providers grapple with coverage gaps and cybersecurity threats, reveals a survey of brokers by QBE North America.
Commercial auto insurers continue to face mounting losses and challenges, despite years of rate increases and underwriting initiatives, AM Best reports.
Flood adaptation measures are gaining focus among governments and insurers as research finds the benefit of investing in adaption outweighs cost of rebuilding after a disaster, reports Swiss Re.
Insurtech funding increases in Q3 2024, driven by life/health deals, AI-centered investments and a focus on core operations, according to Gallagher Re.
AI and machine learning models gain traction in climate risk assessment, but the insurance industry remains divided on accuracy, a survey by ZestyAI finds.
The reinsurance industry soared to new heights in 2023, fueled by investment income, underwriting profits and unrealized capital gains, a new AM Best stated.
Rising health care costs threaten employer competitiveness and employee wages, but innovative strategies may help mitigate the impact, research by the National Alliance of Healthcare Purchaser Coalitions finds.
M&A activity in the insurance industry stabilizes as a steady supply of sellers meets a diverse buyer landscape, according to to the latest Q3 2024 update from Optis Partners .