Global Supply Chains Driven to Breaking Point on New COVID Wave, Natural Disasters July 26, 2021 By Jonathan Saul, Muyu Xu and Yilei Sun LONDON/BEIJING – A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South...
Embedded As a Risk, New COVID Cycle Could Challenge Economic Recovery July 22, 2021 By Howard Schneider Five weeks after dropping its reference to the coronavirus as a weight on the economy, the U.S. Federal Reserve is...
UK’s Q2 Auto Insurance Premiums Drop to Lowest Level Since Early 2016: Survey July 21, 2021 The cost of a comprehensive car insurance policy in Britain fell 12% in the second quarter to its lowest level...
Global P/C Industry Sees Strongest Rate Hikes in 20 Years but Inflation Headwinds Loom July 16, 2021 By L.S. Howard Robust global economic recovery, higher risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines...
P/C Insurers Plan to Boost Their Use of Automation: Willis Towers Watson July 15, 2021 Property/casualty insurers plan to accelerate their use of automation for actuarial work, a new Willis Towers Watson survey found. What’s...
Amazon Asks Judge to Toss New York State Lawsuit Over Warehouse COVID-19 Safety July 15, 2021 By Jonathan Stempel Amazon.com Inc. on Wednesday pressed a New York judge to dismiss a lawsuit by state Attorney General Letitia James claiming...
Pandemic Part of a Perfect Storm for Insurers, Homeowners Bracing for Bad Wildfire Season July 14, 2021 By Don Jergler A perfect storm appears to brewing for homeowners and property insurers in the drought-plagued, wildfire-riddled U.S. West – and as...
Rising COVID Outbreaks on Ships Endanger Maritime Workers, Risk Trade Disruptions July 13, 2021 By K. Oanh Ha, Ann Koh and Claire Jiao Global vaccinations of seafarers are going too slowly to prevent outbreaks on ships from causing more trade disruptions, endangering maritime...
Employers, Employees Navigate Back to Office, Work from Home Plans July 9, 2021 By Alexandra Olson Last year, companies around the U.S. scrambled to figure out how to shut down their offices and set up their...
Washington Commissioner Wants Auto Claims, Rebate Data from Insurers July 7, 2021 Washington Insurance Commissioner Mike Kreidler issued a data call of 124 auto insurance companies for recent rebates given to policyholders...