Risk & Insurance
Three chemical giants have settled an Ohio PFAS lawsuit for $110 million, hinting at the scope of the industry’s legal challenges. The post
Posted: Dec 13, 2023
Determining capital adequacy is influenced by an organization’s unique exposures, business goals and comfort level with risk. An experienced actuary understands the value of balance. The post
Posted: Dec 13, 2023
Insured losses from severe thunderstorms hit a record $60 billion in 2023, contributing to the fourth consecutive year of losses exceeding $100 billion, according to Swiss Re Institute. The post
Posted: Dec 12, 2023
Insured losses from severe thunderstorms hit a record $60 billion in 2023, contributing to the fourth consecutive year of losses exceeding $100 billion, according to Swiss Re Institute. The post
Posted: Dec 12, 2023
A Decade of Data: Latest annual report reveals the trajectory of how claims management has (or has not) progressed over the past decade—ultimately delivering a 10-year industry report card. The post
Posted: Dec 12, 2023
Arch Insurance is leveraging its experience in the technology-focused travel insurance industry to digitize its growing accident and health business. The post
Posted: Dec 12, 2023
Staffing agencies face growing challenges as trends in crime, employment practice liability and auto accidents make risk management ever more complex. The post
Posted: Dec 11, 2023
“With a career in insurance, you can help people recover from some of the worst situations imaginable. Your focus can be on helping others.” The post
Posted: Dec 11, 2023
From talent shortages to increasingly complex claims, these are the most pressing challenges for the workers’ comp industry, according to a recent Risk & Insurance survey of its stakeholders. The post
Posted: Dec 11, 2023
Swiss Re Institute, a leading global reinsurer, has estimated that insured losses from natural catastrophes will exceed USD 100 billion in 2023, marking the fourth consecutive year to cross this threshold. The primary contributor to this staggerin...
Posted: Dec 08, 2023
Amid a challenging property insurance market, the renewable energy space is showing a growing appetite for capacity and resilience solutions. The post
Posted: Dec 08, 2023
A look at the latest legal filings and their potential impact on the insurance industry. The post
Posted: Dec 07, 2023
Climate change is warping many domestic and global industries. Construction may prove to be one of the hardest hit. The post
Posted: Dec 06, 2023
Economic uncertainty, rising claim costs and an increase in weather-driven losses aren’t exactly the market trends that we’d have selected to take with us into the coming year, had we been given the option. However, it looks like these are the con...
Posted: Dec 04, 2023
To foster better collaboration and transparency, the Catastrophe Resiliency Council proposes an Open Industry Exposure Database for climate risk research. The post
Posted: Dec 02, 2023
From shifts in drug costs to state-based workers’ comp system restructuring efforts, these are the trends workers’ comp professionals need to make sure they’re paying attention to. The post
Posted: Dec 01, 2023
James Needham of Aon shares what it’s like to broker in the traditional energy sector, how renewable energy can work in tandem with traditional energy and what 2024 holds for the space. The post
Posted: Dec 01, 2023
Brokering in trucking takes real "salt of the earth" people to understand the complexities and the challenges this industry faces. HUB International's Dain Dockter strives to be just that. The post
Posted: Dec 01, 2023
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. The post
Posted: Dec 01, 2023
A session at ITC Vegas 2023 talked about underwriters and the capabilities of AI to change the future. The post
Posted: Nov 30, 2023
One of the core skills required for a business continuity and disaster recovery professional is the ability to conduct comprehensive business impact analyses (BIAs). This involves a meticulous review of critical business functions and operations t...
Posted: Nov 30, 2023
With the goal of driving efficiency for every stakeholder in the workers’ comp system, Concentra has embarked on the development of next-generation technology solutions to make claim navigation and information-sharing easier. The post
Posted: Nov 29, 2023
“Insurtechs are particularly guilty of talking to other startups and telling each other how amazing they are, when they should be learning the vocabulary of the people buying their products — insurance companies — and trying to explain their offer...
Posted: Nov 29, 2023
Financial stress can lead to larger mental health issues for students in higher education. How is this being addressed by colleges and their insurance partners? The post
Posted: Nov 29, 2023
Despite the growing interest, United Educators has not seen an increase in animal-related claims. Over the last 13 years, it has only had 10 claims related to emotional support animals, service dogs or pets across its 1,600 members. The pos...
Posted: Nov 27, 2023