Profession (Parent)

Nuclear Verdicts and Emerging Contaminants Are Expanding Environmental Liability

Environmental liability is entering a new era defined by emerging contaminants, tightening regulation, and social inflation, according to Gallagher.

Majority of Businesses Faced Cyber Events Last Year as AI-Enabled Attacks Rise

How Broker Lance Williams Helped One Client’s Pilot Solution Soar

RISKWORLD 2026: Munich Re’s Clifton Chan

Workers’ Comp and Auto Claims Face a Turning Point: AI, Faster Care Pathways, and Clinical Evidence Are Reshaping Industry Economics

Recently in Profession (Parent)

Matt Roy Appointed as U.S. Chief Operating Officer at Ascot

The latest people news in the industry today.

Digital Health Services Raise Liability, Insurance Concerns for Providers

Surge in telemedicine creates liability risks as providers grapple with coverage gaps and cybersecurity threats, reveals a survey of brokers by QBE North America.

From the U.S. Air Force to Insurance: Insights on Authenticity, Belonging, and Doing the Right Thing

Newfront’s Jake Daly shares how he found a sense of community and belonging in the insurance industry after serving in the military.

Commercial Auto Insurance Struggles Persist in 2023

Commercial auto insurers continue to face mounting losses and challenges, despite years of rate increases and underwriting initiatives, AM Best reports.

Flood Adaptation Measures Offer Significant Economic Benefits

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.

McGriff’s Todd Burack Discusses the Keys to Success, Today’s Biggest Challenges and More

Whether it’s the project finance side or insurance broking itself, crafting solutions that strike a balance for all stakeholders brings broker Todd Burack joy in his job every day.

Boards Aim to Balance Growth, Innovation, and Risk Oversight

Boards focus on driving growth through emerging technologies and managing heightened cybersecurity and fraud risks, a survey by BDO reveals.

Insurtech Funding Surges to $1.38B in Q3 2024

Insurtech funding increases in Q3 2024, driven by life/health deals, AI-centered investments and a focus on core operations, according to Gallagher Re.

Andrea Buhl Appointed as President of the Casualty Group at Sedgwick

The latest people news in the industry today.

Matthew Teehan Appointed as Senior Underwriter at AXA XL

The latest people news in the industry today.

Carlos Rivera Appointed as CEO of Marsh McLennan Latin America and Caribbean

The latest people news in the industry today.

Alistair Fraser Appointed as International Corporate & Commercial Leader at Marsh

The latest people news in the industry today.

News + Notes: RICO Lawsuits Rising, AV Safety Update and More

A news compilation of the insurance and risk management happenings.

AI Adoption Grows for Extreme Weather Risk Assessment

AI and machine learning models gain traction in climate risk assessment, but the insurance industry remains divided on accuracy, a survey by ZestyAI finds.

Employers Prioritize Mental, Physical Support Over Financial Wellbeing

Employers prioritize mental and physical wellbeing, but employees identify financial wellbeing as their primary concern, A WTW survey finds.

Six Questions for Tim Fleming, CEO of The Mutual Group

After considering traditional models like surplus notes, they realized there was a need for something new and innovative that brought together both a capital solution and operational solutions.

Penn State’s Jared Wise on Risk Management in Higher Education and Cyber’s Impact on the Industry

Penn State’s Jared Wise pivoted from a background in commercial lines underwriting to become CRO of one of the Middle Atlantic’s largest educational institutions.

Reinsurance Industry Saw Record 22% ROE in 2023: AM Best

The reinsurance industry soared to new heights in 2023, fueled by investment income, underwriting profits and unrealized capital gains, a new AM Best stated.

Organized Crime Groups Blamed for Increase in Q3 Cargo Thefts

CargoNet’s Q3 2024 report reveals a 14% surge in cargo theft incidents, driven by organized crime groups’ evolving tactics.

Cybersecurity and Related AI Risks Top 2024 Concerns of Risk Professionals

Cybersecurity, AI governance, and geopolitical risks emerge as top concerns in Riskonnect’s 2024 New Generation of Risk Survey.