Analysts at Keefe, Bruyette & Woods have said that next year will see modestly better terms and pricing across lines other than catastrophe.
Author: Annie George
Previsico and Geosite Partner on Flood Impact Prediction and Prevention
Previsico, which provides real-time, street-level surface water flood forecasts to mitigate flood impacts globally, has announced a partnership with Geosite, a global geospatial data provider.
J.D. Power: Auto and Home Insurance Claims Processes Suffer Digital Growing Pains
Overall satisfaction with the digital claims process declines for a second consecutive year as insurers struggle to manage longer cycle times via digital channels.
Wells Fargo Hit with $3.7B Payment for Wrongfully Seized Homes and Cars
Wells Fargo has agreed to a $3.7 billion deal with regulators to settle charges that it took advantage of customers on their auto loans, mortgages and bank accounts.
NHTSA Investigating If Hertz Rented Unrepaired Recalled Vehicles
U.S. auto safety regulators are investigating if Hertz rented unrepaired recalled vehicles to customers.
OSHA Cites Amazon for Failure to Record Warehouse Injuries
OSHA cited Amazon for failing to properly record work-related injuries at six of its warehouses.
Property Sector Casting a Major Shadow Over Reinsurance Market
A Lockton report suggests the property sector is casting a major shadow over the market, despite conditions in other lines remaining largely predictable.
WTW Launches New Strategy for Industry Specialization
WTW’s Corporate Risk and Broking (CRB) business has launched a new strategy aligning its entire value-chain of internal resources through industry specialization.
FTC Hits Epic Games with $520M in Penalties Over Fortnite Privacy Breaches
The maker of the hit game Fortnite, EPIC Games, will pay the FTC a record $520 million to settle claims that it violated children’s privacy.
Insurers Denying, Limiting Coverage for FTX-linked Crypto Firms as Risks Mount
Insurers are denying or limiting coverage to clients with exposure to bankrupt crypto exchange FTX.