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Survey: US Business Owners Seek More Insurance Coverage as AI, Election Risks Loom

Jun 13 2024 // Artificial intelligence and U.S. election have emerged as significant risks to businesses this year with an overwhelming 80% of owners worried their insurance will not cover a specific loss, a survey by insurance brokerage...

Most US Drivers Support Anti-Speeding Technology in Vehicles: IIHS Survey

Jun 13 2024 // More than 60% of the drivers in the United States would find it acceptable if their vehicle provided an audible and visual warning when they exceeded the posted speed limit, a survey by Insurance Institute for Highway...

US E&S Growth Slower in 2023; Berkshire, AIG Top Premium Rankings

Jun 13 2024 // An analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market has slowed since a peak growth rate of 32.3% recorded in 2021. In 2023, growth remained...

Key Emerging Risks: Cascading Effects of Natural Disasters, Supply Chain Resilience

Jun 12 2024 // Key emerging risks facing global economies, businesses and the re/insurance industry include the cascading effects of natural disasters, the weakening resilience of supply chains and the repercussions of persistent...

WTW: US Commercial Insurance Price Increases in Q1 ‘Steady’ at 6.3%

Jun 11 2024 // Broker WTW said commercial lines insurance increased overall by an average of 6.3% during the first quarter. Quarterly price increases have been about 6% since the global pandemic, WTW reported in its Commercial Lines...

Rightward Shift After Election Could Limit Future EU Climate Policies

Jun 11 2024 // A more rightward-leaning European Parliament will make it harder to pass ambitious EU climate policies, but the majority of Europe’s current world-leading green policies are likely to stay put, lawmakers, officials...

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