Commercial Insurance Prices Rose 22% in Q4, but Some Lines Began to Plateau: Marsh February 4, 2021 Global commercial insurance prices increased 22% in the fourth quarter of 2020, according to the Global Insurance Market Index released...
Fed Survey Shows Most Small Businesses Lost Sales Due to Pandemic February 4, 2021 By Jonnelle Marte The vast majority of U.S. small businesses took a hit to their revenue last year because of the coronavirus pandemic,...
As Insurers Exit Coal Underwriting, They May Find It’s Good for Stock Valuations February 2, 2021 By Tim Quinson As far as climate groups like the Sunrise Project are concerned, getting insurers out of the coal underwriting business is...
Repair Your Damaged Reputations, AM Best Tells UK Insurers February 2, 2021 While most of the COVID-related problems that plagued UK commercial property insurers will abate after the March anniversary of lockdowns,...
Climate Change Is Causing Sea Levels to Rise Faster than Most Forecasts February 2, 2021 By Jonathan Tirone Climate change is causing oceans to rise quicker than scientists’ most pessimistic forecasts, resulting in earlier flood risks to coastal...
Revenue-Seeking Cyber Criminals Increasingly Target Businesses Over Individuals February 2, 2021 By Sarah Skidmore Sell Cyber criminals shifted away from stealing individual consumers’ information in 2020 to focus on bigger, more profitable attacks on businesses,...
P/C Insurtech Funding Reaches $4.7B Record in 2020 – A Story in Charts February 1, 2021 By Susanne Sclafane After a slow start in 2020, insurtech funding reached a record level of $7.1 billion for the year, with $4.7...
Cryptocurrency Crime Drops in 2020 but ‘Decentralized Finance’ Losses Rise: Study January 29, 2021 By Gertrude Chavez-Dreyfuss Losses from cryptocurrency theft, hacks and fraud fell 57% last year to $1.9 billion, as market participants boosted security systems,...
What Biden’s First Year Might Mean for Job Creation January 27, 2021 By Jonnelle Marte Joe Biden’s first year in office could go down in history as a record-breaker on the job-creation front, with an...
Pandemic-Related Business Interruption, Cyber Top Business Risks for 2021: Allianz January 27, 2021 There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according...