Daily news and analysis on insurance industry trends, regulations, and market insights
More than two-thirds of multinational companies worldwide expect to increase risk management spending over the next 12 months, yet many doubt their ability to manage increasingly interconnected risks,
The fraud risk the industry is least equipped to handle, and the payments reality most people in insurance have wrong
Standard recruitment practices filter out candidates whose strengths align with the sector's skills needs
White Paper Summary Across industries, organizations are rapidly embedding artificial intelligence (A.I.) into customer service, operations, software development, risk analysis, and decision-making. T
Maine workers compensation insurer the MEMIC Group said Wednesday its board has authorized a $17 million policyholder dividend. The dividend is down from $19 million last year and $18.7 million in 202
Germany-headquartered Allianz SE has appointed Philipp Kroetz, currently chief executive of Allianz Direct, as CEO of France-based Allianz Partners, effective Nov. 1, succeeding Tomas Kunzmann followi
Same doctor network. Four insurers suing. And 2,515 claims with a suspicious pattern
Rising volumes of military cargo moving through freight forwarders, road haulers, port operators and shipping lines are creating complex safety, security, regulatory and political risks across commerc
Same affidavit, two different addresses. Only one of them was right
A new Dublin-based MGA, Kyntra, specialising in property-owner and operational risks, has been launched, backed by MGA capital partner Mission. The MGA provides property cover for brokers placing risk
he Federal Trade Commission and the US Department of Agriculture launched an inquiry into the agricultural equipment market, including potential anticompetitive conduct. The public inquiry, announced
Most of the attention on California’s weather is focused right now on an unusual October heat wave with triple-digit temperatures in some areas, but talk of “atmospheric rivers” brin
Two units of American International Group and dozens of other insurers must pay to defend Walmart Inc. in more than 2,400 opioid lawsuits, a state appeals court ruled Wednesday in a ruling that went a
Insurers, airlines on alert after sharp escalation in civilian risk
Group actions and emerging liabilities are making the timing of insurance discussions more important
Rising rates and deteriorating accident-year results could make California an early warning for the broader US market
COLORADO SPRINGS, Colorado — Billions of dollars in data center construction are generating significant insurance demand, but a growing challenge for insurers is the accumulation of exposures rather t
Starting this quarter, Aviva said it is entering the U.S. specialty market with Aviva Specialty, which will begin underwriting commercial property. Aviva Specialty will serve open-market brokerage, an
An HSBC Holdings Plc executive who’s spent years fighting allegations by First Citizens Bank & Trust Co. that he raided staff and stole trade secrets is now seeking to turn the tables, sayin
In the rush to modernise, many firms are treating technology vendors as a way to transfer risk. The regulatory and operational reality is the opposite
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