Cyber Insurance Premiums Up 27.5% to Lead All Lines in Q1: CIAB June 6, 2022 By Chad Hemenway According to The Council of Insurance Agents & Brokers’ (CIAB) Commercial Property/Casualty Market Index, capacity for cyber insurance may be...
Home, Commercial Rate Hikes Not Enough to Offset Construction Costs June 6, 2022 To counteract rising construction material costs that have increased about 26.7% the first four months of 2022, personal and commercial...
Munich Re Issues Green Bond in U.S. Market — a First for European Insurer June 6, 2022 Following its successful placement of green bonds in 2020 and 2021, Munich Re has sucessfully placed its first green subordinated...
U.S. Traffic Deaths Jump 10.5% in 2021 to Highest Number Since 2005 June 6, 2022 U.S. traffic deaths jumped 10.5% in 2021 to 42,915 — the highest number killed on American roads in a single...
Logic & Language and Forms & Facts; Folklore Is NOT Fact June 6, 2022 By Bill Wilson Two of my pet peeves involve certain types of coverage questions that I’ve received over the years. The first one...
Platforms Are Having a Moment June 6, 2022 By Barry Rabkin Platforms are having a moment. Should insurance companies care? Increasingly more firms from different industries say they offer platforms. Technology...
P/C Industry Posts 2021 Underwriting Loss but Surplus Hits $1 Trillion June 6, 2022 Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry...
Legal Malpractice Claims Severity Keeps Rising June 6, 2022 By Chad Hemenway Almost all insurers that participated in a recent survey said they have been involved with a lawyers professional liability insurance...
7 Questions Job Seekers Ask About Remote Jobs June 6, 2022 By Mary Newgard For a long time, the burden to prove the concept of work-from-home fell on the job seeker with much of...
Memo to Brokers; Stick With Loyal Insurers/MGAs, Price Isn’t the Only Differentiator June 6, 2022 By L.S. Howard Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model...