Logic might tell you that the people most likely to suffer workplace accidents are those who do the most dangerous jobs. A recent study, however, finds that isn’t the case.
Author: Annie George
Trump Organization Liable for Defrauding Insurers in NYC Civil Case
Donald Trump, family members, and the Trump Organization were found liable for defrauding insurance companies and other financial institutions by misstating the actual value of properties they controlled, a New York judge ruled.
Best’s Special Report: U.S. Homeowners’ Segment Challenges Stress Carrier Operating Results
Elevated frequency of natural catastrophes and secondary perils in the first half of 2023 continue to drive deterioration within the U.S. homeowners insurance segment’s financial results, according to a new AM Best special report.
Amid Fluctuating and Emerging Business Risks, Cyber Threats Remain a Leading Concern
The Travelers Companies, Inc. today released its 2023 Travelers Risk Index results, and for the ninth straight year, cyber threats were one of the top three business concerns among the 1,200 survey participants from small-, medium- and large-sized companies.
Intense Storms, Insurance Crisis Force Residents of a Louisiana Community to Consider Leaving
The cost of living with intense storms is prompting some residents of St. John the Baptist Parish to consider leaving this already depopulating area west of New Orleans, which sits near sea level and has taken a pounding in recent years from a succession of floods and major storms.
Texas Agency Alliance Celebrates Successful Tri-City Networking Events
Marking a significant stride in fostering relationships and sharing insights, Texas Agency Alliance (TAA) proudly announces the successful completion of an inaugural series of networking events that took place across three major Texan cities this September.
Noldor Names Technology & Insurance Veteran as CEO Amid New Growth
Noldor, a data analytics platform providing digital access to MGA data across the program business value chain, announces Scott Quiana as its new CEO.
The Future of Fronting Companies in Property-Casualty Insurance: Part 2
Fronting companies in the property-casualty industry serve as intermediaries, enabling insurance companies to access otherwise inaccessible markets. They serve as a platform for insurance programs, managing policy issuance and claims administration. They often find market distribution sources in the Program Business Storefront Directory.
Commercial Real Estate’s Next Big Headache: Spiraling Insurance Costs
Commercial real-estate insurance costs have risen 7.6% annually on average since 2017, according to Moody’s Analytics. Those increases can result in hundreds of thousands of dollars or more in additional annual costs, depending on location and size of the property. They can be steep enough to wipe away a year’s worth of profits.
Swiss Re Expects Continued Growth Momentum for P&C Reinsurance, Risk-Adequate Returns Required
Ahead of the start of the January 2024 renewal discussions between insurers and reinsurers at the Rendez-Vous de Septembre, Swiss Re shares its view on the current state of the industry and highlights key trends in the market.