Weather-related catastrophes are increasing in frequency and intensity, and billion-dollar disasters are becoming the norm. The U.S. averages about 10 disasters costing ...
In the topsy-turvy world of homeowners insurance, first-quarter loss ratios have been bouncing around for the last five years—from below 50 in 2020 to over 70 in 2021 and 2023, a new analysis ...
Although Berkshire Hathaway's Warren Buffett and Ajit Jain told investors last month that GEICO is playing catch-up with Progressive to improve technology and connect rate to risk, Berkshire's ...
An analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market has slowed since a peak growth rate of 32.3 percent recorded in 2021. In ...
The insurance industry came in sixth in a ranking of 10 major industries based on current AI risk, and seventh based on future risk, with health care replacing IT as the most exposed sector in the ...
Nearly 50 percent of new businesses fail within the first five years. Many former entrepreneurs apply for 9-to-5 jobs to get back on their feet, but new research reveals an unexpected obstacle: ...
Arctic Wolf and Cyber Risk Alliance's 2023 Cyber Insurance Outlook Report found that while more than 70 percent of organizations surveyed in the report have a cyber insurance policy, nearly half of ...
The insurance industry is facing multiple disrupting factors, such as technological advancements, new competition, inflation, and regulatory scrutiny, and a key component in navigating all of this ...
New research by the University of South Australia has found that 45 percent of workers would be willing to accept a pay cut in exchange for remote work flexibility. A survey of more than 1,100 ...
With Amazon aiming to make 10,000 deliveries with drones in Europe this year and Walmart planning to expand its drone delivery services to an additional 60,000 homes this year in the states, ...