Bank of England Warns Private Insurers Need Government to Help Narrow Protection Gap September 23, 2020 By Benjamin Robertson and Lucca de Paoli The Bank of England has encouraged the government to work with UK insurers in preparation for future major shocks, rather...
Coronavirus Erodes Countries’ Economic Resilience; Global Insurance Gaps Widen August 26, 2020 The COVID-19 pandemic is expected to reduce global macroeconomic resilience by about 20% in 2020 from 2019 levels as stimulus...
42% of $44 Billion Global Catastrophe Losses in First Half Were Insured: Swiss Re August 16, 2019 Natural catastrophes and man-made disasters in the first half of 2019 were responsible for USD $44 billion of economic losses...
Insured Natural Disaster Losses in 2017 Were 38% of Economic Costs of $353B: Aon January 24, 2018 Insured losses for last year’s 330 natural catastrophes reached US$134 billion, or 38 percent of their economic price tag of...
Agent Develops Coverage to Fill Gaps in Traditional Wind Insurance October 6, 2015 By Amy O'Connor Between deductibles, excluded losses, and difficulty accessing business interruption coverage, a business suffering hurricane losses can take a big out-of-pocket...
Minnesota Lawmakers Expected to Debate Rideshare Insurance Gap February 13, 2015 Minnesota lawmakers could decide whether to regulate the ride-hailing industry this year. House and Senate legislators say they plan to...
Uber Announces New Policy to Cover Gap March 14, 2014 By Don Jergler Ridesharing company Uber on Friday said it has new insurance to cover a gap between personal and commercial policies when...