What to Expect: WTW Spring Commercial Insurance Forecasts Mixed May 3, 2023 In striking contrast to last year’s double-digit rate hikes for public directors and officers liability insurance and 100-200% jumps for...
MGAs, DUAEs Sparked Double-Digit Growth in 2022 U.S. Premiums: AM Best May 3, 2023 Direct premium written through the delegated underwriting authority enterprises (DUAE) market in the United States continued its significant growth rate...
Here Are 5 Products Offered by Financial Services Providers to De-Risk Heat Waves May 3, 2023 By Aaron Clark and Taiga Uranaka Climate change-driven heat waves are impacting everything from nuclear reactors in France to glaciers in Pakistan. As millions of people...
Singer-Songwriter Ed Sheeran: Other Artists Are Cheering on Copyright Fight May 3, 2023 By Larry Neumeister Ed Sheeran said Monday he’s getting encouragement during his copyright trial from other performers who also worry that they’ll be...
People Moves: MGA DUAL North America Appoints 3 Industry Veterans for Leadership Roles; AXA XL Insurance Names Duke as Head of Pricing, Mid-Market Team May 2, 2023 MGA DUAL North America Appoints 3 Industry Veterans for Leadership Roles DUAL North America Inc., a subsidiary of Howden Group,...
New Jersey Appeals Court Affirms War Exclusion Does Not Apply to Cyber Attack May 2, 2023 By Andrew G. Simpson The appellate division of New Jersey Superior Court has upheld a state trial court opinion that the war exclusion in...
Markets/Coverages: WTW Launches End-to-End Trading Platform to Connect Broker, Insurer Systems May 2, 2023 WTW, the global advisory, broking and solutions company, announced the global launch of Neuron, a sophisticated digital insurance platform. Neuron...
Methane-Tracking Satellites Catch Polluters May 2, 2023 By Aaron Clark Think of them as speed cameras, but for methane. Just like roadside instruments used to identify drivers breaking traffic rules,...
Coinbase Executives Sued for Dumping Stock, Saving $1 Billion May 2, 2023 By Robert Burnson Coinbase Inc. Chairman and Chief Executive Officer Brian Armstrong, board member Marc Andreessen and other officers avoided more than $1...
Wait ‘Til Next Year: Auto Profit Unlikely to Return in 2023: S&P May 2, 2023 In spite of continued actions to raise prices of coverage, auto loss cost continue to climb and profits will continue...