Profession (Parent)

A Unique Forum for Financial Regulators Enters a New Chapter

The strength of the Financial Regulators Program comes in large part from collaboration.

Insurers Overestimate A.I. Progress as Data and Governance Gaps Persist

Business Email Compromise Claims Jump 30% as A.I. Reshapes Cyber Risk

The Future of Specialty Underwriting: John Russo of The Hartford on Data, Discipline and Trust

Physical Therapy Liability Claims Grow Costlier as Manual Therapy and Supervision Failures Drive Losses

Recently in Profession (Parent)

The Litigation Myth: Why Attorneys Aren’t the Real Cost Driver

This is the fourth in a series of articles exposing what is driving the excessive recovery times and the high cost of workplace injuries. Litigation is a difficult subject in every possible setting. By definition, litigation carries with it conflict; the process of resolving rights-based disputes through the court system. The “grand bargain” was struck… View Article

California Workers’ Comp Medical Costs Rose 5% In 2025, With Medical-Legal And Equipment Services Leading The Increase

Medical service costs per claim in California’s workers’ compensation system climbed 5% in 2025, driven largely by rising prices and growing utilization of services outside fee schedule caps, according to WCIRB.

Global Catastrophe Losses Set To Average $171 Billion A Year, Verisk Finds

Rising exposure, demand surge and climate shifts are pushing the global insured average annual loss from natural catastrophes to $171 billion, according to Verisk.

HDI Global US Names Uwe Schoberth Chief Commercial Officer

The latest people news in the industry today.

Marsh Names Herman Brito Marine, Cargo, and Logistics Practice Leader for US and Canada

The latest people news in the industry today.

Zurich U.S. Appoints Tobias Cushing President of Zurich E&S, James Savage Head of U.S. Construction

The latest people news in the industry today.

More Vulnerabilities, Same Old Door: What Q2’s Cyber Data Means for Risk Managers

New security flaws surged 36% this spring, but the way criminals actually break in — stolen passwords on remote-access systems — barely budged, according to Beazley Security report.

Casualty Insurers Face $100 Billion Reserve Correction As Analytics Lag: Moody’s

The U.S. casualty market is leaving billions of dollars in adverse reserve development to accumulate largely undetected until it surfaces in financial statements, according to Moody’s.

Cyber Insurance at a Crossroads: AI Reshapes Risk as Market Growth Stays Steady

Swiss Re report finds premium growth holding at 5% CAGR even as AI-driven threats and a widening protection gap push insurers to rethink coverage adequacy

CAT Bond Issuance Hits Record High As Reinsurance Capital Floods Market

Abundant capital pushed reinsurance and insurance-linked securities pricing lower at mid-year renewals, according to AM Best.

US Construction Firms Face Gap Between Booming Property Insurance and Punishing Casualty Rates

Construction spending topped $2.17 trillion in April 2026 amid labor shortages, rising claim severity and a bifurcated insurance market, according to Gallagher.

Global Insurance Forum to Kick Off at Lloyd’s in London in November

“We’re convening at Lloyd’s in London — the birthplace of modern risk-sharing — which gives GIF a symbolic weight this year that goes beyond just another stop on the conference circuit.”

Guy Carpenter Names Jessica Ciak Senior Vice President in Healthcare Segment

The latest people news in the industry today.

Willis Names Paul Haas Senior Director of Business Development for Midwest

The latest people news in the industry today.

Sedgwick Appoints Jason Rogers Managing Director of Carrier & Captive Solutions

The latest people news in the industry today.

QBE Insurance Group Appoints Jamie Thompson Global Director of Data Centers

The latest people news in the industry today.

Insurers Plan Modest Hiring Growth As Actual Job Gains Fall Short Of Forecasts

Nearly half of insurance companies expect to add staff over the next 12 months, but headcount growth over the past year trailed projections, per The Jacobson Group and Aon.

Re-Keying And Workflow Friction Are Costing Carriers Placement, Ivans Survey Finds

Agents prefer carriers with simple digital workflows over high commissions, with 90% saying friction has led them to shift business, according to Ivans.

Product Units in Recalls Surge 346% in the H1 2025 as Regulatory Scrutiny Intensifies

Recalled units across five industries jumped to 941.2 million in H1 2026 from 211.3 million in H1 2025, putting 2026 on pace to top 1 billion units for the first time since 2022, according to Sedgwick.

Brokers: Your A.I. Is Only as Good as the Process It Sits In

AI is a force multiplier, and the outcome of any multiplier depends on what it is applied to.