Breaking News
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May the Combined Ratio R.I.P. (for Measuring Profit)
When Mr. Best of AM Best created the combined ratio, he did the industry and arguably the world a great favor. After all, what business…
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Renewal Rates Continue Upward YOY for Most Commercial Lines: Ivans Index
Premium renewal rates increased year-over-year for all major commercial lines except workers’ compensation, according to first-quarter 2025 results of the Ivans Index. Compared to fourth-quarter…
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How to Keep Third-Party Events from Becoming First-Party Losses
Vendor-related risks, whether from technology suppliers or non-technology partners, have always been a concern and often drive a large number of cyber insurance claims notifications.…
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Q1 Shows ‘Clear’ Signs of Commercial P/C Softening, Says CIAB
By Chad Hemenway According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the first…
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Homeowners Insurance Market Turns Corner
If you write personal lines–or own a home–then you know. Homeowners insurance rates are up–significantly in some states such as Texas. But better news is…
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Asia-Pacific insurers rethink risk amid regulatory and cyber pressures
“The risk landscape for Australian insurers has never been more complex, with heightened cybersecurity threats, macroeconomic and geopolitical uncertainty, continued regulatory scrutiny from [the Australian…
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Elutia v. Medtronic: Delaware court rules on indemnity and insurance obligations in FiberCel lawsuit
The case, Elutia Inc. v. Medtronic Sofamor Danek USA, Inc., stems from a January 24, 2019, Tissue Product Supply Agreement. Under the contract, Elutia agreed…
Top Stories
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UK’s Visa Crackdown Leaves City of London Immigrants in Limbo
One banker in the City of London is faced with paying an extra £40,000 a year in university fees for his children. Nursing homes are worried about finding enough caretakers for residents. The insurance… More
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Recent Articles
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EU Almost on Track to Reach 2030 Climate Goal
The European Union is nearly on track to reach its main climate target for this decade, with countries’…
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German Court Throws Out Peruvian Farmer’s Climate Case Against RWE
A German court on Wednesday threw out a Peruvian farmer’s lawsuit seeking damages from RWE for the German…
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Why are some policyholders opting not to file claims?
“As carriers evaluate their core systems and digital infrastructure this year, the priority must be reducing friction where…
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Cyber threats and environmental issues top reputational risks in 2024/25 Willis survey
The survey, which gathered responses from 500 senior executives worldwide, found that 65% identified cyber attacks as the…
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Insurance moves at Insurance Advisory Partners and Alliant
Moves include a new chairman and a new vice president
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Dutch Insurer Scraps Old-Style Chat Bots Amid Uneven AI Rollout
NN Group NV is replacing pre-programmed chat bots in client-facing roles with a version that can interact more…
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Revealed – Growing impact of healthcare data breaches in the US
California also experienced the largest single incident included in the analysis. From April 2021 to January 2024, member…
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Definity Financial to Buy Travelers Cos.’ Canadian Operations for $2.4 Billion
Travelers Cos. said on Tuesday it has agreed to sell its Canadian personal insurance business and majority of…
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The new learning loop: How insurance employees can co-create the future with AI | Insurance Blog
The annual Accenture Tech Vision report is in its 25th year and continues to be a huge source…
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Cyberattack Surge Creates Opportunity for Insurers, Prompts Rethink on Premiums
A recent surge in high-profile cyberattacks is offering an opportunity for insurers including Munich Re AG and Chubb…