Risk & Insurance

ESG Regulatory Risk Got Your Attention? Don’t Overlook Environmental Risks

A mere 9% of businesses rank environmental as the top risk in 2022. What that means for the industry moving forward. The post

Posted: Dec 19, 2021

Legal Roundup: ABBA Files Trademark Infringement Suit, Bayer Wins Second Case and More

The band ABBA files a trademark infringement suit on Abba Mania, a British cover band currently performing ABBA songs. The post

Posted: Dec 17, 2021

14 Questions for Worldwide Broker Network CEO Olga Collins

"Being a working mom is so important to me. Being that example for my kids to see what's possible and how to get around the impossible, that's what's important. So bringing kids into your everyday life, or everyday work life, which COVID allowed u...

Posted: Dec 16, 2021

Opinion | Think Your EAP Can Stand Up to the Current Mental Health Crisis? This Workers’ Comp Expert...

We haven't seen the worst of the workforce behavioral health crisis. Reaching the employees who won't reach out is key. The post

Posted: Dec 16, 2021

Is Runaway Litigation a Real Issue? Three Experts Explain the Phenomenon and How It’s Affecting the...

At Triple-I’s Joint Industry Forum a panel discussed runaway litigation and how it is affecting the industry. The post

Posted: Dec 16, 2021

Rising Star Lael Chappell on the Wealth of Opportunity the Industry Has to Offer

Rising Star Lael Chappell is a firm believer in the endless opportunities within the industry. The post

Posted: Dec 16, 2021

Risk & Insurance News + Notes: Swiss Re Estimates Global Insured Catastrophe Losses to Reach $112 Bi...

In 2021, insured losses from natural disasters exceeded the previous 10-year average, continuing a trend of annual rises in losses seen in recent decades. The post

Posted: Dec 15, 2021

In New Jersey, a Topical Analgesic Costs $139. In Illinois, It’s $2,712. See the Problem, Workers’ C...

The dangers of dual prescribing and the sometimes staggering differential in the cost of prescription medications were two notable findings in a study by WCRI. The post

Posted: Dec 15, 2021

What Do Yogi Berra, Greta Thunberg and Mark Carney Have in Common? More Than You Think

A successful organization reduces risk by being dynamic, resilient, honest, and fair. It is sustainable by developing long-term perspectives with humility that recognizes the limits of knowledge and power. The post

Posted: Dec 14, 2021

Climate Change and ESG Are Valid Concerns, But That Doesn’t Mean Risk Managers Should Panic

Addressing climate change risk head on enables risk managers to be ahead of the game on ESG-related concerns. The post

Posted: Dec 14, 2021

5 Key Commercial Insurance Considerations for 2022

Standard and Poor's 2022 Commercial Insurance Industry Outlook is now available. Here are 5 takeaways. The post 5 Key Commercial Insu...

Posted: Dec 13, 2021

We Talked to Hundreds of Insurance Underwriters. What They Have to Say May Surprise You

Respondents were most concerned about the impact of technology/AI on jobs, inefficient systems and workload, talent gap and training, the role of the underwriter, climate change, and regulation. The four issues they were most excited about were ne...

Posted: Dec 13, 2021

Legal Roundup: Kevin Spacey Sexual Harassment Settlement, JUUL Manufacturer Agrees to Payout and Mor...

Actor Kevin Spacey's sexual harassment suit ends in a $31 million settlement awarded to studio MRC. The post

Posted: Dec 13, 2021

How Volatility, Uncertainty, Complexity and Ambiguity Are Shaping Risk Management

How can we manage risk through volatility, uncertainty, complexity and ambiguity? In this VUCA world, here's an idea where to start. The post

Posted: Dec 13, 2021

ResQ to the Rescue

A rapid change in the analytical needs of insurers spurred the development of an actuary-focused solution from Willis Towers Watson. The post ResQ to the Re...

Posted: Dec 13, 2021

Legal Roundup: Google’s ‘Don’t Be Evil’ Motto Questioned, Lululemon Files Patent Infringement Agains...

New Jersey's Third Circuit Court of Appeals says AT&T employee can sue for wrongful termination even though she was not fired. The post

Posted: Dec 12, 2021

Rising Star Rebecca LaFazia Shares Her Advice for Young Industry Professionals Just Beginning Their...

Rising Star Rebecca LaFazia took her passion for entertainment and the arts into a worthwhile career as a broker. Here's her story. The post

Posted: Dec 12, 2021

Leveraging Cloud Insurance IT Officers Are On the Hunt for Better Cloud Solutions. This Report Tells...

Insurers are embracing cloud-based solutions to transform, adapt, and remain relevant and compliant in today's market. The post

Posted: Dec 11, 2021

Workers’ Compensation Claims Mounting? A Collaborative Review Process Can Help

Utilizing claims reviews as an effective case management strategy is a sensible and necessary approach in workers' compensation. The post

Posted: Dec 10, 2021

Cryptocurrencies, White Collar Crime, Health Care Fraud, You Name it. Why Heavier Regulatory Risk Is...

SEC enforcement activity generally is trending upward. The agency reported that it filed 434 new enforcement actions in fiscal year 2021, representing a seven percent increase over the prior year. The post

Posted: Dec 09, 2021

6 Supply Chain Setbacks and Their Domino Effect on Business Resilience

What is creating issues within the global supply chain and business resilience? FM Global has identified these six factors as root causes. The post

Posted: Dec 09, 2021

Risk & Insurance News + Notes: McKinsey Reports Customer Loyalty ‘Up for Grabs,’ F&G Ranks Inflation...

Equine insurer Jerry Parks Insurance Group rebrands to EPIC Insurance Brokers & Consultants. The post

Posted: Dec 09, 2021

7 Avenues Employers Can Take to Bolster Diversity, Equity and Inclusion Efforts

Ensuring top notch DEI measures in your company's employee benefits is essential, which is why more execs are upping their efforts. The post

Posted: Dec 09, 2021

Employers: More Likely Than Not, You Have an Employee Suffering from a Mood Disorder. How You Respon...

With the pandemic negatively impacting the mental health of 36% of U.S. adults, according to a recent NAMI study, providing support at work is now a business imperative. The post

Posted: Dec 08, 2021

Here Are the 5 Top Cyber Claims We Can Expect in 2022

The pandemic brought on a new wave of cyber-related risks. Digging into the cyber claims from these last 24 months, here's the top trends of note. The post

Posted: Dec 08, 2021