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U.S. P/C Industry Underwriting Loss Reaches 10-Year High: AM Best

U.S. P/C Industry Underwriting Loss Reaches 10-Year High: AM Best

AM Best published its annual tally of U.S. property/casualty insurance industry’s financial results yesterday, reporting that $38 billion of underwriting losses for 2023 was a 10-year high for the sector.
AM Best published its annual tally of U.S. property/casualty insurance industry’s financial results yesterday, reporting that $38 billion of underwriting losses for 2023 was a 10-year high for the sector.
Article / 1 month ago
U.S. Contractors, Insurers Overlooking Some Safety Improvements in Construction

U.S. Contractors, Insurers Overlooking Some Safety Improvements in Construction

Many American construction firms are failing to implement obvious and inexpensive safety measures that could save lives, reduce injuries and avoid costly insurance claims...
Many American construction firms are failing to implement obvious and inexpensive safety measures that could save lives, reduce injuries and avoid costly insurance claims...
Article / 5 months ago

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Cyber Reinsurers on Alert After Healthcare Ransomware Attack
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A substantial disruption in the U.S healthcare system occurred as a result of a February cyberattack on C...
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Other Major U.S. Bridge Collapses Caused by Ships and Barges
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Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says
Worst Is Over: Most of Casualty Reserve Hole May Be Filled, Analyst Says
Predictions that the property/casualty insurance industry is in the midst repeating the type of loss rese...
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At carriers and reinsurers that announced reserve loss charges taken during fourth-quarter 2023, and even...
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Don’t Believe the Hype About Shorter Work Week Benefits: Expert
Don’t Believe the Hype About Shorter Work Week Benefits: Expert
The studies frequently touted as proof of concept for a shortened work week are riddled with statistical ...
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Terrorist Threat to U.S. Has Reached ‘Whole Other Level,’ FBI’s Wray Warns
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