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)

Transactional Risk Insurance Remains Robust Amid M&A Downtrend

Despite a dip in M&A activity in 2023, transactional risk insurance thrived, with tech leading the pack in deal value, reveals a Marsh report.

Insurance CROs Highlight Cybersecurity, AI, Climate Change as Key Risk Concerns

Insurance CROs are optimistic about their ability to shore up their operational defenses in 2024 despite global economic headwinds, and complex emerging risks, EY/IIF survey finds

Generative AI Advances to Reshape the Cyber Risk Landscape

The rise of generative AI and Large Language Models (LLMs) heralds a new era in cyber risk, potentially enabling more effective and widespread cyber-attacks, warns a recent report from Lloyd’s.

ILS Market Capacity Hit $100 Billion in 2023

The ILS market reached $100 billion in 2023, driven by fewer major natural disasters plus efforts to de-risk portfolios, AM Best reports.

Rates for Construction Project Insurance Are Stabilizing Despite Cost Pressures

The U.S. construction insurance market is stabilizing after a challenging period, but will still face rate pressures due to inflation, interest rate uncertainty, and rising claims costs, according to a recent WTW report.

Andrea E. Russell Appointed as San Bernardino’s Human Resources and Risk Management Director

The latest hiring announcement in the insurance and risk management industry today.

Trey Ingram Hired as CEO of CompSource Mutual Insurance Company

The latest hiring announcement in the workers’ compensation space today.

Rising Star Brendan Fountain Energized by Serving Clients in the Energy Sector

This Alliant broker shares his take on how the Bipartisan Infrastructure Law will affect the renewable energy sector and sustainability as a whole.

Product Recalls Reached Five-Year High in 2023, Sedgwick Report Says

Product recalls across several various sectors experienced record breaking product recalls, according to a recent Sedgwick report. Regulatory changes within the last year could serve as the reasoning for the five-year high.

Insurance Industry Increasingly Adopting AI Technologies, Study Shows

Conning survey reveals a surge in AI adoption within the insurance industry, with large language models leading the tools being explored for sales, underwriting, and claims processing.

Emily Fink Named as Chief Marketing Officer at Sedgwick

The latest hiring announcement in the insurance and risk management industry today.

AI’s Dark Side: The Growing Menace of Cyberattacks

AI isn’t just being used by the good guys. As cybercriminals incorporate AI tools into their arsenals, organizations must ramp up their mitigation and response plans.

Political Risks in 2024 Threaten Global Business Stability

In an era of geopolitical shifts and macroeconomic transitions, businesses must navigate unpredictable challenges and capitalize on emerging opportunities, according to a Marsh report.

Matt Jenkins Tapped as New Chief Operating Officer for One Call

The latest hiring announcement in the insurance and risk management industry today.

Digital Tools Put Medical Advice — and the Risk of Confirmation Bias — in Everyone’s Hands

Workers’ comp veteran Bill Zachry reflects on how the internet — and its progeny, large language models — are influencing workers comp patient care.

5 People on the Move

One Call brings on a new chief operating office, an aviation broker retires from Aon and more in this edition of People on the Move.

P&C Insurers Faced Rising Downgrades, Higher Costs in 2023

Rising reinsurance costs and inflation contributed to an increase in rating downgrades for U.S. property and casualty insurers in 2023, according to AM Best.

Workers’ Compensation Claims in a Post-Pandemic Era

COVID-19 has prompted changes in workers’ compensation coverage to include the virus as a compensable illness in many jurisdictions, prompting a broader consideration of how to permanently extend coverage for contagious diseases.

NASI Report Offers Insight to COVID-19 Impacts on Workers’ Compensation

The National Academy of Social Insurance’s 2017-2021 report reveals the pandemic’s impact on workers’ compensation, highlighting decreased benefits and employer costs, and the need for adequate state protections.

Rising Star Shantelle Cabir Wants to Provide Better Service for Her Construction Clients

The young broker talks building a career in insurance and working as a woman in a male-dominated industry.