Shot?! Who’s Throwing Away Their Shot? May 6, 2024 By Garrett George No, I’m not talking about a negligent security case. I was a little late to the party but recently had...
Oklahoma Sues Gas Companies for Alleged Fraud During Winter Storm Uri May 6, 2024 Two Texas-based natural gas companies are being sued by Oklahoma, which alleges they fraudulently reduced gas supplies to send prices...
The New Norm? Global Insured Losses for Nat Cats Keep Breaking Records: Swiss Re April 15, 2024 By L.S. Howard Global insured losses from natural catastrophes in 2023 totaled $108 billion, exceeding US$100 billion for the fourth consecutive year –...
Designated Premises, Operations and Projects Endorsements April 15, 2024 By Bill Wilson In 2017, I developed a webinar called “Raiders of the Lost Coverage: Insurance Jones and the Temple of Exclusions.” It...
Weathering the Storm: The Impact of Climate-Driven Risk Reassessments on the Housing Market April 15, 2024 By Travis Hodges One of the most pressing challenges facing insurance professionals today is the escalating impact of extreme weather events in traditionally...
2023 Underwriting Losses Improve but Persist in US P/C Industry April 15, 2024 By Allen Laman and Susanne Sclafane The U.S. property/casualty insurance industry recorded a slight underwriting improvement in 2023, but losses persisted, according to a new AM...
AIG Sues Newly Launched Dellwood Insurance and Its Founders April 15, 2024 By Chad Hemenway American International Group and a group of its excess and surplus lines subsidiaries have filed suit against Dellwood Insurance Group...
Middle-Market Companies Post Record Gains: Chubb April 15, 2024 By Allen Laman Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator...
Chief Risk Officers Say Cybersecurity Most Pressing Risk: Survey April 15, 2024 By Jahna Jacobson In an inaugural EY/Institute of International Finance (IIF) global insurance risk management survey, cybersecurity was ranked as the highest concern...
What Industry Executives Are Saying About Loss Reserves, Social Inflation April 15, 2024 Executives at carriers and reinsurers that announced reserve loss charges taken during fourth-quarter 2023, and even at some that did...