D&O Risks to Consider When Exploring the New Frontier of Gen AI April 15, 2024 By Matthew Ferguson and James Gammell Is the world being overtaken by robots? While the answer to that question is clearly “no” – or at least,...
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...
U.S. E&S Sector Is Booming … But Is it Too Much Business to Handle? April 1, 2024 By Greg Gaydos The excess and surplus (E&S)lines and specialty insurance market is booming and looks set to continue its upward trajectory. The...
The Cyber Risk Pendulum April 1, 2024 By Stephanie Snyder Frenier Privacy risk is so 2014, right? Ten years ago, numerous retail and healthcare companies were hit with data breaches related...
Underwriters’ Dilemma: Is AI a Cyber or Tech E&O Risk? April 1, 2024 By Elizabeth Blosfield When it comes to artificial intelligence, more questions than answers keep underwriters from venturing into the space and lead to...
Twice as Many Personal Lines Insurers Downgraded by AM Best in 2023 April 1, 2024 AM Best delivered 39 downward credit rating actions to U.S. personal lines insurers in 2023, more than twice the number...
M&A Due Diligence: Understanding the Issues and Solutions to the Pitfalls April 1, 2024 By Catherine Oak and Bill Schoeffler Mergers and acquisitions in the insurance industry continue steadily despite a slowdown due to COVID-19 and higher interest rates. After...