A combination of a choppy economy with increased claims frequency and severity could lead to rate increases in the Management & Professional Liability market.
We are elated that we will be returning to New Orleans in 2024 for the 55th URMIA Annual Conference! It is where the past, present, and future of higher education risk management will converge from September 28 to October 2, 2024.
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.
Since the end of 2022, long-tail claims have been revving up. But the right reinsurer with the right people on board can help make a difference for any ceding company.
Specialized underwriting and claims expertise set carriers apart, but competition for top talent is fierce. To attract and retain the best candidates for the job, insurers need to create a culture that makes their staff feel supported, fulfilled and empowered to keep growing.
While current crew talent shortages are impacting aviation operations, the industry is still one of the most heavily regulated. Partnering with an insurer that understands can add tremendous value when managing risk.
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.
When a major P&C insurer wanted to develop their own custom insurance model and access additional data sources, they turned to Digital Matrix Systems. Learn more about their experience.
The ongoing trends of social inflation and litigation funding continue to drive nuclear verdicts in casualty claims that go to court, increasing pressure on insureds and carriers alike.
Over 90% of musculoskeletal (MSK) injuries can be treated without surgery — especially now that we have sophisticated biomarker data to inform the severity and recovery of MSK injuries.
Sompo International’s President and CEO, Commercial P&C Insurance, Canada, Rohan Dixon, talks to Risk & Insurance about his hopes and ambitions for growing a specialty insurance business in the world’s ninth-largest economy and seventh largest by premium on a Commercial P&C basis.
Some workplace stress pushes employees to grow and learn. However, if the stress is excessive, it can significantly affect employees’ health, and this impacts your workers’ comp program and costs.
Security cameras are not just about protecting property from theft. Security camera footage can be useful when you need to make an insurance claim. Learn about some best practices.
Fires can be costly and even fatal events that disrupt an insured’s business and livelihood. Understanding the basics of smoke and fire alarms can help.