Report Finds Nearly 60% Jump in UK Households in Serious Financial Trouble July 12, 2022 One in six United Kingdom households (4.4 million) are now in “serious financial difficulties” compared to one in 10 (2.8...
UK Travel Insurance Policies May Not Cover Flight Disruptions Due to Strikes: Report July 6, 2022 By Sarah Muller Insurance may not save you from summer travel misery. Four in 10 policies don’t protect against strikes, the UK consumer...
Robots May Reduce Physical Injuries But Raise Substance Abuse, Mental Health Issues July 5, 2022 Automation enhances industry, but it’s harmful to the mental health of its human co-workers. A University of Pittsburgh study suggests...
Florida Property Reinsurance Premiums Rise by as Much as 50%: Gallagher Re July 1, 2022 Property reinsurance rates rose by as much as 50% in Florida at July 1 renewals and by up to 40%...
Climate Change Driving Extreme Heat and Flooding in 2022: Report July 1, 2022 By Gloria Dickie Extreme weather events – from scorching heatwaves to unusually heavy downpours – have caused widespread upheaval across the globe this...
Midyear Prop-Catastrophe Reinsurance Capacity Down for 1st Time in Decades: Aon July 1, 2022 For the first time since the devastating U.S. hurricanes of 2004 and 2005, property-catastrophe capacity contracted during the June/July reinsurance...
Report: California Workers’ Comp Insurer Losses Were up in 2021 June 30, 2022 Total insurer combined losses and expenses incurred in 2021 were $13.1 billion, or 96% of calendar year premium, compared with...
Probe Into Australia’s Mining Sector Uncovers ‘Horrific’ Sexual Abuses June 29, 2022 By Jason Scott A landmark inquiry into Australia’s mining sector has uncovered dozens of shocking cases of sexual harassment and abuse of women...
Europe Asset Managers Eye Halting Non-ESG Products to Meet Net-Zero Goals: Survey June 27, 2022 By Juliette Portala Over two-thirds of European asset managers and distributors are considering halting the launch or distribution of products that do not...
Emerging Risks: Quantum Computing, Lower Construction Quality, Legal Tech etc. June 24, 2022 By L.S. Howard The global community continues to deal with known challenges such as the pandemic, the war in Ukraine, economic turmoil and...