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Climate Change Is Hurting Insurance Industry: Report
May 17 2022 // Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini and financial industry body Efma said in a report on Tuesday. Insured losses from...
Piecing Together Coverage in Live Events Tough Insurance Market Remains as COVID Restrictions Ease
May 16 2022 // The upcoming summer months promise to bring a resurgence of festivals, concerts, and community events after the COVID-19 pandemic effectively shut down the live entertainment industry for the past two years. Pent-up demand...
Russia-Ukraine a ‘Complex’ Situation for Insurance Industry: AIG CEO Zaffino
May 5 2022 // AIG CEO Peter Zaffino during the company’s most recent earnings call provided analysts with some insight regarding insurance implications from Russia’s invasion of Ukraine. “We have not seen a situation...
Net Zero Business Opportunities Could Double Size of London Insurance Market: LIIBA
May 3 2022 // The business opportunities provided by the global transition to net zero is potentially large enough to double the size of the London insurance market, according to the London and International Insurance Brokers’...
Auto Insurance Industry to New York: Get Rid of Photo Inspection Requirement
Apr 22 2022 // Auto insurance carriers and independent agents in New York have launched a campaign to eliminate what they say is an outdated requirement for the state’s auto insurance buyers. The group wants lawmakers to let auto...
Florida insurance market needs strong medicine
Apr 7 2022 // If the Florida homeowners’ insurance market were in a medical exam, the diagnosis would find the patient in dangerously poor condition. The patient’s vital signs—its financial results—are troubling. What is...
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