Reinsurers hike rates on key business lines by as much as 200% from Jan. 1.
Author: Annie George
Record-High Wage Gains for Employees Staying on the Job Contribute to Inflation
Workers who stay put are receiving the largest pay raises in decades, putting pressure on inflation.
Big Firm Litigators Are Gearing Up for 2023
Litigators from both sides of the bar are anticipating that government enforcement actions will generate significant work in the next year.
Chapter 11 Filings a Safe Haven for Boy Scouts, Catholic Dioceses in Sex Abuse Lawsuits
Lawmakers across the country have attempted to provide justice to victims of decades-old incidents of child sexual abuse by allowing them more time to file lawsuits.
Shipping Insurers Excluding Claims Related to the Russia-Ukraine War
A number of shipping insurers changed their policies for 2023 to exclude claims related to Russia’s war in Ukraine.
Wishing You a Happy 2023 As We Ring in a New Year
Here’s to a happy and healthy new year.
KCC Estimates Winter Storm Elliott Insured Losses at $5.4B
Insurance industry loss from Winter Storm Elliott in the U.S. is estimated to be $5.4 billion across 42 states.
Rising Interest Rates Imperil Remodeling Mania
Rising borrowing costs threaten to put the brakes on the renovation boom.
Insurance M&A 2022: Deal Activity Slows from Prior-Year Highs
Insurance deal activity slowed significantly in 2022, hitting the lowest volume since 2019, according to an S&P Global Market Intelligence analysis.
FLOIR: Hurricane Ian Catastrophe Claims Cost Nears $12.6B
The latest estimate for hurricane Ian insured losses in Florida now stands at almost $12.6 billion.