U.S. Life Insurers’ Commercial Mortgages Stable Amid Growing Headwinds

Fitch Ratings on P&C industry 2024

U.S. life insurers’ commercial mortgage fundamentals have largely recovered since the pandemic, with stable property outlooks for hotel, office retail and multifamily sectors, Fitch Ratings says. However, the Fed’s monetary tightening and the current recession will pressure some sectors of commercial mortgages over the midterm, with consistently high inflation and rising interest rates negatively affecting… Continue reading U.S. Life Insurers’ Commercial Mortgages Stable Amid Growing Headwinds

Average Retail Injury Results in 24 Days Out of Work: AmTrust Report

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AmTrust today released the first AmTrust Retail Risk Report, identifying common injuries for retail workers and the resulting lost time. AmTrust analyzed more than 20,000 workers’ compensation insurance claims from the company’s retail clients with loss payments from 2016 to 2018. The AmTrust Retail Risk Report found that the top three injuries with highest average… Continue reading Average Retail Injury Results in 24 Days Out of Work: AmTrust Report

Walmart, Sam’s Club Start Mandating Suppliers Use IBM Blockchain

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After several years of tests, Walmart Inc. is ready to mandate use of blockchain technology by a swath of its U.S. suppliers, marking one of its biggest commercial uses. Starting in September 2019, Walmart and its Sam’s Club division will require suppliers of fresh, leafy greens to implement real-time, end-to-end traceability of products back to… Continue reading Walmart, Sam’s Club Start Mandating Suppliers Use IBM Blockchain