“There could be a liability crisis in reinsurance in a couple of years,” a reinsurance executive predicted this week. Ken...
National News
The boom in artificial intelligence will increase banks’ dependence on big U.S. tech firms, creating new risks for the industry,...
A new report shows a jump in total loss frequency for both electric and newer internal combustion engine automobiles. Mitchell...
A new study on adoption of behaviors that reduce personal carbon emissions in 37 countries and territories classified as “high-emissions”...
The U.S. Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust...
USI Insurance Services (USI) announced the launch of PATH (patent pending), a proprietary technology-enabled risk control platform for clients. The...
Although insurers can help to stop the growth of social inflation, they can’t lead the effort, an industry executive said...
The Internet of Things (IoT), which refers to the collection of internet-enabled devices such as wearables, industrial sensors and controls,...
NetJets, the luxury plane unit of billionaire Warren Buffett’s Berkshire Hathaway Inc, sued its 3,400-member pilots union for defamation over...
Following last year’s historically challenging property insurance market, 2024 is proving to be “a more stable and capitalized market,” USI...