Risk
Political Risk Became ‘Everyone’s Risk’ in 2022: WTW
Last year saw political risk transform from a low-frequency, high-severity peril into "everyone's risk," according to a new report. WTW's 2023 Political Risk Survey found that 92 percent of ...
SVB Failed From Mismanagement, Not Loose Regulations: FDIC
Management failures, not loose regulations, prompted Silicon Valley Bank's sudden failure last month, a top Federal Deposit Insurance Corporation (FDIC) official said on Wednesday. "Mismanagement of ...
Buffett Says People Shouldn’t Worry About Berkshire, Banks
Billionaire Warren Buffett assured investors Wednesday that Berkshire Hathaway will be fine when he's no longer around to lead the conglomerate. Buffett said shareholders shouldn't worry about the ...
What Insurers Should Know About PFAS
Scientists faced a problem when the space race was heating up in the mid-20th century. They needed to develop materials to withstand the heat of atmospheric entry and corrosive effects of water when ...
Courts Mixed on PFAS Coverage Litigation
A handful of coverage lawsuits have been decided over the application of pollution exclusions to deny coverage for PFAS claims, and rulings have been split on whether carriers owe coverage or a duty ...
6 Emerging Risks to Watch: From Glacial Floods to More Destructive Wildfires
In this edition of Risk Alerts, we highlight toxins in children's makeup, glacial floods, pollution's impact on mental health, wildfires, food addiction and superbugs. Perilous play time. A study by ...
Experts Urge Empathy, Thoughtfulness for Insurers in Challenging Cyber Landscape
While the continuously evolving cyber threat landscape is a growing problem for insurers, experts on this episode of The Insuring Cyber Podcast say it's not an insurmountable one, and empathy and ...
How Is Your Food Processed? An ‘Emerging Damage’ Risk
I am old enough to have been taught the four basic food groups in elementary school and the importance of eating some from each of the groups no matter how much I might dislike one or more of them. ...