Q2 Commercial P/C Rates Hold; Personal Lines Slightly Decrease: MarketScout July 7, 2023 Like the first quarter of 2023, the composite rate for U.S. commercial property/casualty lines increased 5% in the second quarter,...
World Sees Hottest June on Record as North Atlantic Temperatures Rise July 7, 2023 By Laura Millan Last month was the warmest June of the past three decades globally, with several places in western Europe hitting all-time...
Ransomware Criminals Are Dumping Kids’ Private Files Online After School Hacks July 7, 2023 By Frank Bajak, Heather Hollingsworth and Larry Fenn The confidential documents stolen from schools and dumped online by ransomware gangs are raw, intimate and graphic. They describe student...
Viewpoint: What Role Could Insurance Premium Finance Have Played in Recent Bank Failures? (Part 2) July 7, 2023 By Bill Villari The longer the maturity and the lower the coupon, the more sensitive the note/bond price is to changes in interest...
Republican Attorneys General Urge Biden to Drop EPA Emissions Plan July 7, 2023 By David Shepardson A group of 25 Republican state attorneys general Thursday urged the Biden administration to abandon its proposal to sharply cut...
CSU: Above Average Atlantic Hurricane Season Now Expected July 7, 2023 Colorado State University (CSU) hurricane researchers have upped their hurricane season forecast. An above average Atlantic hurricane season is now...
Viewpoint: What Role Could Insurance Premium Finance Have Played in Recent Bank Failures? July 6, 2023 By Bill Villari On March 10, while most Americans were diligently toiling away in their jobs, very few people likely understood the silently...
Appetite for Cat Exposures Returns; Reinsurers Stay Disciplined in Mid-Year Renewals July 6, 2023 By L.S. Howard Capacity was more readily available during the mid-year renewals, which brokers described as “orderly,” in comparison to the turbulent January...
Global Cyber Premiums Could Exceed $50B by 2030 July 6, 2023 The cyber insurance market potential is huge, with premiums likely to exceed $50 billion by 2030, according to a new...
NHTSA Seeks Updates From Tesla in Autopilot Probe July 6, 2023 By David Shepardson U.S. auto safety regulators said on Thursday they are seeking updated responses and current data for an ongoing probe into...