Profession (Parent)

Affordability, AI, and PBM Reform Set to Reshape Employer Benefits

Brokers overwhelmingly expect affordability pressures to transform benefits plan design within five years, according to the Council of Insurance Agents & Brokers.

RISKWORLD 2026: The Hartford’s Matt Scott

Ransomware Hits Near-Record Highs as AI Governance Gaps Widen Inside Organizations

Medical Stop Loss Claims Above $2 Million Have Tripled Since 2020, Report Finds

Stefan Wunderlich Named Head of Alternative Risk Transfer at Beazley

Recently in Profession (Parent)

How I Ditched the Imposter Syndrome to Become an Insurance CEO

Thirty years ago, single mother Jeanette Ward needed a job. Enter Texas Mutual, where today she fills the role of CEO. Ward reflects on her career in insurance and how to pave a path forward to welcome new recruits to the industry.

SecondSight’s Reuben Vandeventer on Improving Cyber Exposure Data Sharing

Advancing how insureds and their insurers collect and share cybersecurity data is the goal of Secondsight’s Reuben Vandeventer.

Litigation Causing Increased Construction Liability Claims and Challenges

RT Specialty Environmental and Construction Practice releases 2024 report on liability insurance market conditions.

Amy Bowman Promoted to Head of Multinational at Berkshire Hathaway Specialty Insurance

The latest hiring announcement in the industry today.

Jason Murrey Promoted to President of Commercial Lines Binding Authority at RT Specialty

The latest people news in the industry today.

Dane Lopes Appointed as Head of U.S. Partnership Engagement & Strategy at Ascot Group

The latest people news in the industry today.

Malcolm Roberts Named Chair of FM Global Board of Directors

The latest people news in the industry today.

Dawn Miller Named to Succeed Hank Watkins as CEO of Lloyd’s Americas

The latest people news in the industry today.

Political Risks and Violence a Rising Business Concern in 2024

Political violence emerges as a top concern for businesses, driven by global unrest and economic uncertainty, according to the Allianz Risk Barometer.

Global Reinsurance Capital Hits $729B in 2023

Boosted by improved profitability and ROE, the global reinsurance industry saw a 12% increase in capital to $729 billion in 2023, Gallagher Re reports

AI and Vendor Payment Fraud: 6 Questions for Trustpair’s Baptiste Collot

Trustpair cofounder Baptiste Collot delves into the evolving landscape of vendor payment fraud, AI’s role in facilitating this crime, and how his company is combating the threat.

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Psychosocial Factors Impact Workers’ Comp Physical Therapy Outcomes

Exploring the impact of psychosocial factors on physical therapy, a WCRI study highlights the need for holistic, targeted interventions to improve outcomes for low back pain patients.

U.S. Commercial Lines See Moderate Rate Hikes in Q1 2024

MarketScout reports that U.S. commercial insurance rates rose 3.9% in Q1 2024, led by cyber, auto and property insurance

News + Notes: D&O Insurers on the Hook for SEC Investigation, Insurer Halts Homeowners Policies in California and More

The Hartford joins a growing-list of insurers that have withdrawn from California’s homeowners insurance market.

U.S. Supreme Court Upholds Choice-of-Law Provisions in Maritime Contracts

The U.S. Supreme Court’s decision upholds the enforceability of choice-of-law provisions in marine insurance contracts, and is expected to curb forum shopping.

Lockton Appoints Trevor Smith as Managing Director, Technology Risk

Latest hiring news from insurance and risk management industry.

Cyber Insurance Market Growth Hindered by Uninsured Risks

Despite a maturing cyber insurance market, Munich Re’s report reveals a significant gap in coverage, with 87% of decision makers feeling inadequately protected against cyberattacks.

Alex Post Appointed as Senior Vice President at Alliant Insurance Services

The latest hiring announcement in the industry today.

Tish King Named Head of Corporate Communications at United Educators

The latest promotion announcement in the industry today.

Insured Cannot Block D&O Coverage for Another Insured’s Settlement

Consent and cooperation provisions in a D&O policy cannot be used by one insured party to prevent coverage for another insured party’s settlement.