Nationwide: Gap Between Agents, Commercial Clients View of Severe Weather November 20, 2023 By Allen Laman A Nationwide study has found that independent insurance agents believe many of their commercial clients don’t have adequate coverage to...
What to Expect: ‘No Material or Sudden Changes’ in Commercial Insurance Pricing November 17, 2023 Even though reinsurance executives are making noise about social inflation and liability rate inadequacy, WTW isn’t expecting any major changes...
Poor Countries Are Missing Out on Pre-Arranged Climate Disaster Finance: Study November 16, 2023 By Alessandro Parodi The poorest and most vulnerable countries do not benefit enough from pre-arranged financing to cope with disasters and are most...
Hurricane Otis’ Insured Losses Estimated at $2.5B-$6B: Moody’s RMS, Verisk November 15, 2023 Moody’s RMS, the risk modeling and solutions company, estimates private market insured losses from Hurricane Otis to range between US$2.5...
Update – Economic Threats Top List of G20 Business Leaders’ Concerns: WEF Survey November 14, 2023 Economic and societal threats – such as an economic downturn, inflation, and an erosion of social cohesion – rank among...
Travelers Webinar Focuses on Connecting Gen Z, Independent Agents November 14, 2023 By Allen Laman Members of Generation Z who have worked with insurance agents believe they are knowledgeable and help them make better choices....
Insured Losses from Winter Storm Ciarán Range From €800M to €1.3B: Verisk November 9, 2023 Industry insured losses due to wind from Winter Storm Ciarán (also named Emir by the Free University of Berlin) will...
Insurers Are Still Backing Oil and Gas Industry Despite Rising Climate Threat: Report November 9, 2023 By Gautam Naik Insurers are continuing to provide cover for increased oil and gas production even as they face large losses fueled by...
Lloyd’s to Invest $65M in Regions Affected by Transatlantic Slave Trade November 8, 2023 By Carolyn Cohn Lloyd’s of London will invest 40 million pounds ($49.6 million) in regions affected by the transatlantic slave trade, it said...
Climate’s ‘Catch-22’: Cutting Pollution Will Accelerate Global Warming November 3, 2023 By Jake Spring and David Stanway Air pollution, a global scourge that kills millions of people a year, is shielding us from the full force of...