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As observed from the numerous COVID-19 first-party property cases that have already been filed, insureds are claiming insurers have denied their business interruption claims in bad faith. Whether the ...
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: ...
Much discussion of casualty catastrophe is consumed with talk of the "next asbestos," the $100 billion insurance loss caused by a ubiquitous mineral used for insulation and other products that is now ...
Swiss Re's annual SONAR report, published in early June, highlights 14 emerging risks that will impact different sectors of the insurance industry in different time frames. The accompanying chart ...
The 2020 hurricane season will be an active one according to all the major forecasters. Colorado State University said there is a 69 percent chance of a major U.S. landfalling hurricane. The tally ...
COVID-19 isn't the first and won't be the last pandemic to threaten the well-being of the global population, but it will likely turn out to be the worst in the last 100 years. It would be hard to ...
Estimates of the size of COVID-19's impact on the insurance industry vary widely, but some companies (including Chubb and Willis Re) have suggested that, considering both asset and liability losses, ...
It has become increasingly common for the general media to say that weather-related disasters have been caused by climate change. Such headlines have largely been frowned upon by the scientific ...
Until recently, there was a relative lull in new mass tort events in the United States. This led to a sense among insurers that mass litigation was no longer the looming threat that it was in the ...
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