Risk & Insurance

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. The post

Posted: Mar 18, 2024

APRN Professional Liability Risk: What Health Care Risk Managers Must Understand

Advanced practice registered nurses are increasingly taking a prominent role in health care. Understanding professional liability exposures connected to their work in today’s litigious environment is paramount. The post

Posted: Mar 18, 2024

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. The post A...

Posted: Mar 15, 2024

Trey Ingram Hired as CEO of CompSource Mutual Insurance Company

The latest hiring announcement in the workers' compensation space today. The post Trey Ingram Hired as CEO of CompSource...

Posted: Mar 15, 2024

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. The post

Posted: Mar 15, 2024

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. The post

Posted: Mar 14, 2024

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. The post

Posted: Mar 14, 2024

Emily Fink Named as Chief Marketing Officer at Sedgwick

The latest hiring announcement in the insurance and risk management industry today. The post Emily Fink Named as Chief Marketing...

Posted: Mar 14, 2024

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. The post

Posted: Mar 14, 2024

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. The post

Posted: Mar 13, 2024

How Blue Bonds Are Saving Emerging Economies — and Their Marine Ecosystems

Insurers are making a major impact on the health of the world's oceans through their support of blue bonds, a form of debt swap that enables developing nations to fund marine conservation efforts. The post

Posted: Mar 13, 2024

Matt Jenkins Tapped as New Chief Operating Officer for One Call

The latest hiring announcement in the insurance and risk management industry today. The post Matt Jenkins Tapped as New C...

Posted: Mar 13, 2024

How Telemedicine is Changing the Game in Mental Health Care

Workers' comp payers and providers know that injured workers need access to behavioral health services, but an ongoing shortage of qualified providers continues to delay care and prolong recovery timelines. A new, dedicated telemedicine initiative...

Posted: Mar 12, 2024

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. The post

Posted: Mar 12, 2024

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/casualty insurers in 2023, according to AM Best The post

Posted: Mar 12, 2024

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. The post

Posted: Mar 12, 2024

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. The post

Posted: Mar 11, 2024

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. The post

Posted: Mar 09, 2024

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. The post

Posted: Mar 09, 2024

Predictive Modeling: The Future of Workplace Safety Management

With a firm grasp of its data and visualization tools to analyze it, organizations can preemptively address risks to worker safety. The post

Posted: Mar 08, 2024

Companies Urged to Tighten Vigilance, Controls to Tackle Insider Fraud

Corporate fraud cases are on the rise, requiring more vigilance and internal controls before misdeeds cause a crisis, warns a report by Arthur J. Gallagher & Co. The post

Posted: Mar 08, 2024

U.S. P/C Insurance Sector Records Worst Underwriting Loss in Decade

Severe weather losses, reinsurance costs and persistent inflation drive U.S. P/C insurer results in 2023 The post U.S. P/C I...

Posted: Mar 07, 2024

United Educators Study Tracks Rising Cost of Education Sector Liability Losses

United Educators' 2023 report reveals escalating financial risks in education due to rising liability claims, emphasizing the need for robust risk management. The post

Posted: Mar 06, 2024

The Silent Saboteur: How Kinesiophobia Affects Workers’ Comp Recovery

How the fear of reinjury can affect workers’ comp claims. The post The Silent Saboteur: How Kinesiophobia Affects Wo...

Posted: Mar 06, 2024

Insurance Premium Increases Slow Despite Market Challenges, CIAB Survey Says

Despite a slowdown in premium increases, The Council's Q4 2023 survey reveals rising commercial property premiums and customer dissatisfaction, prompting brokers to prioritize enhancing customer experience. The post

Posted: Mar 05, 2024