Profession (Parent)

Business Owners Shift From Reacting to Risk to Planning Around It, Gallagher Survey Finds

Risk has become a persistent feature of the business environment rather than an occasional disruption, according to Gallagher’s 2026 Business Owners Survey.

US P&C Industry Posts $16.3 Billion Underwriting Gain in Q1 2026, Reversing Year-Ago Loss

Maamoun Rajeh to Lead Insurance, Reinsurance and Mortgage Segments at Arch Capital Group Ltd.

Ben Wyatt Named Head of Marine for North America and the UK at Berkshire Hathaway Specialty Insurance

Derek Martisus Appointed Partner, Alternative Risk and National Captive Leader at Conner Strong & Buckelew

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Cyber Claims Frequency Rises but Severity Falls as Businesses Improve Defensive Posture

Despite a 3% increase in global cyber claims frequency, average losses in 2025 dropped 19% year over year as organizations became more effective at limiting breach damage, according to Coalition.

How Can We Insure Against Political Volatility?

Companies face a growing array of unexpected risks triggered by volatile geopolitics — including war and its attendant supply chain shocks, tariffs, and cyberterrorism.

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The Resilience Opportunity: Building on Strong Foundations

We’ve established resilience as important. Now we need to embed it more deeply into day-to-day operations and decision making.

Jesse F. Gutierrez Promoted to Divisional President, Professional Liability at Great American Insurance Group

The latest people news in the industry today.

James Shankland Named Head of Ocean Cargo, U.S. at Markel

The latest people news in the industry today.

Natalie Burns Named Head of Enterprise Sales & Distribution at The Hartford

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Kevin Rampe Named Senior Vice President and Global Claims Officer at Chubb

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AI Adoption in Property Claims Remains Fragmented Despite Rapid Growth

Only 7% of property insurance carriers have achieved scalable AI success in claims operations, according to a Sedgwick report.

US Cyber Breach Costs Hit Record $10.2 Million as AI Accelerates Attack Timelines

Chubb’s 2026 Cyber Claims Report finds that autonomous AI attacks, expanding privacy litigation, and supply chain interdependence are driving divergent trends in cyber claim frequency and severity.

Nick Abraham of Amwins Global Risks Talks to Risk & Insurance

Immersion in the topic of insurance is one of the reasons Nick Abraham thrives in the London environment.

Extreme Weather Disrupts Workers’ Lives, Posing Underestimated Risk to Business Continuity

Extreme weather creates workforce disruptions that many organizations fail to account for in resilience planning, according to Deloitte.

Frontline Workers See MSD Prevention Tech as Beneficial, but Participation in Adoption Is Key

A National Safety Council survey found that workers broadly view musculoskeletal disorder prevention technologies as positive for their safety and wellbeing, especially when involved in implementation decisions.

Corporate Class Action Spending Projected to Hit $4.8 Billion as Nearly All Large Companies Face Regular Claims

Class action defense costs have more than doubled over the past 15 years, with a 28% jump in new filings expected in 2026, according to Carlton Fields’ annual Class Action Survey.

US Excess and Surplus Market Growth Slows to Single Digits as Commercial Property Premiums Decline

The E&S market surpassed $100 billion in direct premiums written for the first time in 2025, but its growth rate fell to 7.8% — the lowest in eight years, according to S&P Global Market Intelligence.

Workers’ Comp Provider Networks Cut Total Claim Costs by 26%, Drive Faster Access to Care

Workers’ compensation networks reduce overall claim costs significantly and shorten disability duration by 1.5 weeks, according to the WCRI.

Enhancing the Claims Experience Through Data and AI

As AI reshapes the claims landscape, one executive explains how data-driven tools are enhancing — not replacing — the judgment and empathy that define exceptional claims handling.

Cookie and Tracking Litigation Emerges as a Major Cyber Loss Driver for SMBs

Privacy class actions tied to routine website tracking have surged nearly tenfold since 2022, with small and midsize businesses bearing a disproportionate share of exposure, according to KYND.

Marya Propis Named President of Retail Distribution at RT Specialty

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Ben Johnson Named President of Ironshore at Liberty Mutual Insurance

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Pam Rushing Named Chief Operating Officer, Neil Ziegler Named Chief Underwriting Officer at Church Mutual

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