Europe Battles Wildfires in Intense Heat That Scientists Blame on Climate Change July 18, 2022 By Guillermo Martinez JERTE, Spain – Authorities across southern Europe battled on Sunday to control huge wildfires in countries including Spain, Greece and...
Settlement Delays Likely to Worsen UK Motor Insurance Claims Inflation July 14, 2022 Delays in motor claims processing may be hiding the true threat of inflation to insurers, according to global broker WTW...
Reuters: Behind Amazon’s 13,000 Disciplinary Notices at New York Warehouse July 13, 2022 By Jeffrey Dastin Amazon worker Gerald Bryson had hand-counted thousands of items in his warehouse’s inventory over three days when his manager showed...
Insurance Industry Support of Carbon Removal Needed in Drive to Net Zero July 13, 2022 By L.S. Howard Ditching investments in fossil fuel businesses—and denying them insurance—aren’t the only ways for the insurance industry to participate in the...
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...