$900K settlement killed in secret, insurer alleges after $1M payout
A rejected $900K offer. A $6M demand. And one insurer left holding the bill
Daily news and analysis on insurance industry trends, regulations, and market insights
A rejected $900K offer. A $6M demand. And one insurer left holding the bill
European businesses are operating through a period of compounding volatility. Economic uncertainty, geopolitical tension, rapid technological change and a shifting risk environment are no longer occas
Despite the promise of artificial intelligence and other technology to improve and speed the insurance process, property claims face delays and growing complexity, according to a new report that also
Searchers found a “debris field” off the coast of Nantucket, Massachusetts, from an air ambulance that was carrying six people when it vanished over the Atlantic on Saturday during a fligh
Half of UK tech chiefs say the CIO carries the blame when an AI agent goes wrong, but many CIOs are not board directors, and insurers are starting to rewrite their AI wordings
A physically undamaged facility can still lose days of operations. Here's why
FBI and U.S. Coast Guard investigators have found evidence that hackers accessed the propulsion system of an oil supertanker as it was approaching the Texas coast this summer, according to U.S. offici
The Richmond-based broker targets agencies with $4 million to $5 million in revenue as exit options grow
A poll of European buyers has revealed that UK businesses place greater value on commercial insurance as a strategic priority than buyers in France, Spain and Germany, according to the World Broker Ne
Zurich Insurance has appointed Sam Thomas as UK chief underwriting officer, which makes the role permanent after an interim period. Thomas has worked at Zurich for almost eight years, serving as head
The nation’s flood insurance program struggles to balance affordability, flood protection and cost to taxpayers, leaving millions vulnerable at a time when climate change is driving flood risk h
Fermaβs CEO Laurent Nihoul has now been in the post for a year and is set to experience his first Forum as head of the federation. So we caught up with the former risk and insurance manager to find ou
A WBN survey of 1,000 European leaders finds UK clients rate service quality above price, then flag a gap
Fears about uninsurable risks fell from 53% to 37% in two years, even as premiums and exclusions persist
Ferma is working to deliver a European Knowledge Hub to share resources and knowledge developed by its national member associations for the benefit of risk and insurance managers across the continent.
John Meister, Executive Vice President at Newfront, on AI, radical transparency, and why the industryβs biggest problem has nothing to do with medicine
One broker. Two retailers. One paid nothing. The other? 37 cents on every dollar
A new California law builds insurer partnerships into wildfire-hardening finance
Global compute capacity is expected to nearly triple to about 220 gigawatts by 2030, backed by roughly $6.7 trillion in infrastructure spending, with $5.2 trillion of that earmarked for A.I. workloads
A Zurich American Insurance unit does not have to help pay for the NFLβs roughly $1bn (β¬0.9bn) concussion settlement with former players, an appeals court ruled last week. In Discover Property & Casua
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