Risk
U.S. Air Pollution Monitoring Network Falls Into Disrepair: GAO Report
The U.S. air pollution monitoring network has fallen into disrepair after years of budget cuts and neglect, leaving tens of millions of Americans vulnerable to undetected bad air quality from events ...
Moderation Possible After U.S. Commercial Insurance Rates Climb Again in Q3
For the second quarter in a row, U.S. commercial lines insurers enjoyed average rate hikes that neared 10 percent, according to Willis Towers Watson's Commercial Lines Insurance Pricing Survey for ...
Bankrupt N.Y. Retailer Sells $175M COVID Claim Insurers Won’t Pay
There's an unusual asset up for grabs in Century 21 Stores' going-out-of-business sale: a stake in its long-shot legal fight against insurers. The New York department store company, which filed for ...
Lloyd’s Approves New Insurance Group Inigo to Start Underwriting in January
Inigo Ltd., the new London insurance group that has raised $800m in start-up capital from a group of blue chip global investors, announced that it has received approval in principle from the ...
U.S. Justice Dept. Alleges Facebook Discriminates Against U.S. Workers
The U.S. Justice Department accused Facebook Inc on Thursday of discriminating against U.S. workers, saying in a new lawsuit the social media giant has given hiring preferences to temporary workers, ...
GOT Issues: An Update
Earlier this year, I wrote an article for Carrier Management that looked at potentially emerging issues that may have not yet been captured on the risk monitors of underwriters or by the algorithms ...
More Emerging Risks for 2021: Insurance Costs for Violence Unclear
When I wrote about emerging issues facing the property/casualty insurance industry for Carrier Management early in 2020 I stated, "Insurers and reinsurers face numerous emerging issues arising from: ...
Middle Market Businesses Represent Untapped Telematics Opportunity: Nationwide Survey
Most middle market business owners are more interested in vehicle telematics insurance products than their agents realize, a dynamic that reveals a significant opportunity to sell the technology more ...