‘The Phones Started Ringing Right Away’: Cat Modeling Pioneer Karen Clark Recalls Hurricane Andrew June 1, 2022 By Chad Hemenway At the start of the 2022 Atlantic hurricane season, Insurance Journal spoke with Karen Clark, founder of two catastrophe modeling...
U.S. Product Recalls Reach 10-Year High in Q1 June 1, 2022 Over 900 million units were recalled during the first quarter in the United States in the automotive, consumer products, food...
Small Nuclear Power Projects May Have Big Waste Problems June 1, 2022 By Timothy Gardner A planned new generation of small nuclear reactors will create more waste than conventional reactors, while treatments to make some...
Sarah Palin Loses Bid to Disqualify Judge from NY Times Defamation Trial June 1, 2022 By Luc Cohen Former Republican vice presidential candidate Sarah Palin on Tuesday lost her bid to have the judge who oversaw her unsuccessful...
Insurance Broker Acrisure Touches $23 Billion in Valuation After Latest Funding June 1, 2022 Acrisure said on Tuesday it had raised $725 million in a fresh funding round led by a wholly owned subsidiary...
U.S. P/C Q1 2022 Underwriting Income Up 5%: AM Best May 31, 2022 AM Best reported Friday that first-quarter net underwriting income for the U.S. property/casualty industry rose 4.6% to $3.3 billion. Explaining...
Ransomware Attacks Up More Last Year Than In Prior Five Years: Verizon May 31, 2022 Verizon released its 15th annual report on data breaches last week, finding that ransomware attacks increased by 13 percent in...
Cyber Insurance Premiums Up 27.5% to Lead All Lines in Q1: CIAB May 31, 2022 By Chad Hemenway According to The Council of Insurance Agents & Brokers’ (CIAB) Commercial Property/Casualty Market Index, capacity for cyber insurance may be...
Global Re/insurers See Average Premium Increases of 11% in 1st Quarter: Gallagher Re May 31, 2022 Premium growth during the first quarter saw an average increase of 11%, which was supported by continued favorable pricing for...
As Uvalde Parents Seethe, Recourse Against Police May Be Limited May 31, 2022 By Laurel Brubaker Calkins Texas police accused of bungling the response to a mass shooter in an Uvalde school where 19 children and two...