As many as 8 million UK workers are at risk of losing their jobs to artificial intelligence with current ...
Middle Market Insurance Expert Details Segment's Landscape
Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator survey by Chubb. Ben Rockwell, division president of...
Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator survey by Chubb. Ben Rockwell, division president of...
Video / 2 days ago
Music Festivals Canceled This Year Reveal Rising Costs of Producing Large Events
For four decades, the Riverbend Festival delighted music fans in Tennessee with headlining acts like Lionel Ritchie and ZZ Top, but this year the show won't go on....
For four decades, the Riverbend Festival delighted music fans in Tennessee with headlining acts like Lionel Ritchie and ZZ Top, but this year the show won't go on....
Article / 14 days ago
New Survey Reveals How Independent Agents Are Adapting to the Hard Market
The hard market has independent agents “going the extra mile” to prioritize client communication, retention, technology and team morale....
The hard market has independent agents “going the extra mile” to prioritize client communication, retention, technology and team morale....
Article / 24 days ago
P&I Clubs Raise Renewal Prices to Keep Up With Claims Inflation: AM Best
Protection and Indemnity (P&I) clubs sought further price improvements at the February 2024 renewals in order to keep up with claims inflation, despite a...
Protection and Indemnity (P&I) clubs sought further price improvements at the February 2024 renewals in order to keep up with claims inflation, despite a...
Article / 1 month ago
Casualty Reinsurance Renewals See Modest Price Hikes Despite Social Inflation: AM Best
Reinsurers in general maintained adequate capacity for casualty programs, despite concerns about social inflation and some recent reserve strengthening actions,...
Reinsurers in general maintained adequate capacity for casualty programs, despite concerns about social inflation and some recent reserve strengthening actions,...
Article / 1 month ago
Marsh: ‘Stable' Q4 Commercial Rate Increase of 2%
Broker Marsh said global commercial insurance rates increased by 2% at renewal in the fourth quarter of 2023, marking the 25th straight quarter of rate increases....
Broker Marsh said global commercial insurance rates increased by 2% at renewal in the fourth quarter of 2023, marking the 25th straight quarter of rate increases....
Article / 2 months ago
10 Largest Auto Insurers Each Raised Rates by Double Digits in 2023
According to S&P Global Market Intelligence's RateWatch, Farmers Insurance instituted double-digit rate increases in 43 states in 2023 for a weighted average rate...
According to S&P Global Market Intelligence's RateWatch, Farmers Insurance instituted double-digit rate increases in 43 states in 2023 for a weighted average rate...
Article / 2 months ago
Commercial Property Rates Not Expected to Increase at Same Pace as 2023: USI
A new USI Insurance Services report forecasts that in 2024, commercial property insurance rates “are expected to increase, but not at the same pace as seen in...
A new USI Insurance Services report forecasts that in 2024, commercial property insurance rates “are expected to increase, but not at the same pace as seen in...
Article / 2 months ago
Auto Insurance Costs Soar by 20% in the US
There's no relief in sight for US car owners who've faced soaring costs of maintaining a vehicle in the past two years....
There's no relief in sight for US car owners who've faced soaring costs of maintaining a vehicle in the past two years....
Article / 3 months ago
Litigation Abuse, Regulation, Hard Market Among Insurance Trades’ Priorities for 2024
Insurance trade organizations are always working for the industry so Insurance Journal asked them: What are the top priorities and/or challenges heading
Insurance trade organizations are always working for the industry so Insurance Journal asked them: What are the top priorities and/or challenges heading
Article / 3 months ago