Federal Coronavirus Business Interruption Suits Now Top 100; Many More Expected May 22, 2020 By Jim Sams A federal court has received notice that 101 lawsuits have been filed as of Wednesday seeking coverage from insurers for...
Report: Financial Community Sees Climate Risk as Improperly Priced May 21, 2020 By Don Jergler Climate risk is widely seen in the financial community as being improperly priced. A recent survey with an emphasis on...
Cyber Seller Coalition Counters Insurtech Funding Dip, Raises $90 Million for Expansion May 21, 2020 By Mark Hollmer Coalition, an insurtech managing general agency focused on cyber insurance and security, disclosed it raised $90 million in new venture...
Roads Are Emptier But Riskier During Coronavirus Quarantine. Fatality Rate Up 14%. May 21, 2020 As Americans have been driving less and covering fewer miles, the emptier roads have become more lethal. Preliminary data from...
Show Them the Money: Cyber Attackers Desire Financial Gain More Than Espionage May 19, 2020 By Arriana McLymore Money trumped spying as the top motivator for data breaches last year, according to Verizon’s annual report on cyber crimes...
How Coronavirus Has Affected Auto Insurance Shopping May 19, 2020 This year began with auto insurance buyers shopping around more than ever but by mid-March shopping began to slow down...
Risk Managers Expect Prolonged Recession From COVID-19: World Economic Forum May 19, 2020 Risk managers expect a prolonged global recession as a result of the coronavirus pandemic, a report by the World Economic...
Study: Sharp Drop in California Workers’ Comp Independent Medical Reviews May 18, 2020 The number of Independent Medical Review determination letters, a process used to resolve California workers’ compensation medical disputes, fell sharply...
Study Finds State, Local Measures Have Reduced Coronavirus Cases by 34 Million May 15, 2020 A new report titled, “Strong Social Distancing Measures in the United States Reduced the COVID-19 Growth Rate” finds that steps...
Commercial Insurance Rates in Q1 Rise 14%, Even Before Impact of COVID-19: Marsh May 12, 2020 Global average commercial insurance prices increased 14% in the first quarter of 2020 – but the rate hikes were not...