More passengers who were aboard an Alaska Airlines Boeing 737 jet when part of its fuselage blew out in J...
Cyber Insurance Seeing Influx of Newcomers as Risk Awareness Grows
Arctic Wolf and Cyber Risk Alliance’s 2023 Cyber Insurance Outlook Report found that while more than 70 percent of organizations surveyed in the...
Arctic Wolf and Cyber Risk Alliance’s 2023 Cyber Insurance Outlook Report found that while more than 70 percent of organizations surveyed in the...
Article / 2 months ago
Class Actions Filed Over Builders Mutual, Progressive’s Own Data Breaches
Progressive Casualty Insurance and North Carolina-based Builders Mutual Insurance Co. have been served with class-action lawsuits over data breaches on their own...
Progressive Casualty Insurance and North Carolina-based Builders Mutual Insurance Co. have been served with class-action lawsuits over data breaches on their own...
Article / 2 months ago
Survey: U.S. Insurers Open to More Risk and AI Use in 2024 Investments
More than half (62 percent) of U.S. insurers are willing to take on more investment risk in 2024 despite mounting concerns about election year politics, fiscal and monetary...
More than half (62 percent) of U.S. insurers are willing to take on more investment risk in 2024 despite mounting concerns about election year politics, fiscal and monetary...
Article / 2 months ago
Doom and Gloom on Talent Exodus Overstated, Says Aon Exec
Discussions of talent in the property/casualty insurance industry often focus on the advancing average age of the workforce and the idea that the...
Discussions of talent in the property/casualty insurance industry often focus on the advancing average age of the workforce and the idea that the...
Article / 2 months ago
Survey: Carrier Connectivity Top of Mind for Agents
Agents continue to favor carriers and MGAs that offer automation, ranking ease of doing business and time savings at the top of the list of value they get from connectivity, according to a...
Agents continue to favor carriers and MGAs that offer automation, ranking ease of doing business and time savings at the top of the list of value they get from connectivity, according to a...
Article / 2 months ago
Global Insured Losses From Severe Convective Storms Hit New High of $60B: Swiss Re
Global insured losses from severe thunderstorms have hit a new all-time high of $60 billion in 2023, with overall natural catastrophe claims surpassing $100 million,...
Global insured losses from severe thunderstorms have hit a new all-time high of $60 billion in 2023, with overall natural catastrophe claims surpassing $100 million,...
Article / 4 months ago
Rising War Risks Prompt Insurers to Reassess Property Cover in Geopolitical Hot Spots
Insurers grappling with the rising risk of physical attacks on businesses due to war or civil disorder are reconsidering the breadth and scope of such cover...
Insurers grappling with the rising risk of physical attacks on businesses due to war or civil disorder are reconsidering the breadth and scope of such cover...
Article / 4 months ago
Several InsurTechs Unite to Launch InsurTech Coalition
Members from several InsurTechs, including Boost, Branch, Clearcover, Lemonade and Root Insurance, published an open letter to the insurance industry announcing the launch of the...
Members from several InsurTechs, including Boost, Branch, Clearcover, Lemonade and Root Insurance, published an open letter to the insurance industry announcing the launch of the...
Article / 4 months ago
Artificial Intelligence Not Main Cause of Recent Insurance Layoffs: AM Best
AM Best does not believe artificial intelligence is the main cause of recent insurance industry layoffs....
AM Best does not believe artificial intelligence is the main cause of recent insurance industry layoffs....
Article / 4 months ago
Agents Expect Looming Recession to Impact Insurance Demand: Report
Insurance agents believe an economic downturn is on the way, with nearly three-quarters of respondents to a recent survey by American Modern Insurance...
Insurance agents believe an economic downturn is on the way, with nearly three-quarters of respondents to a recent survey by American Modern Insurance...
Article / 5 months ago