Commercial Lines
Global Supply Stress Worsened in April, NY Fed’s Index Shows
Stress on global supply chains worsened in April as coronavirus lockdown measures in China and the war in Ukraine lengthened delivery times and air freight costs between the United States and Asia ...
Businesses See Cyber Attacks as Biggest Threat – Ahead of Pandemic, Economy: Survey
Cyber attacks are now seen as the dominant risk for many businesses—ahead of the pandemic, economic downturn, skills shortages and other issues, according to a report published by Hiscox. For its ...
Where Property Insurance Buyers Are Headed: A Paradigm Shift
Rising commercial property insurance costs have gotten the attention of executives across a broad cross-section of corporate America. Aon, a leading broker of commercial insurance, reports that ...
4 Things Small Businesses Can Do to Protect Against Cyber Attacks
Since the beginning of the COVID-19 pandemic, small businesses have quickly adopted remote working and transitioned to new technologies, such as contactless payments and online ordering. ...
Claims Frequency Up for 2021, but Workers Comp Profitability ‘Unprecedented’
For the first time in more than a decade, workers compensation claims frequency, outside of COVID-19 illness claims, increased in the United States last year. But not to worry, the trend won't last, ...
D&O Market Has Most Profitable Year Since 2014, but It May Be an Anomaly
The directors and officers insurance marketplace in 2021 enjoyed its most profitable year since 2014, but results have to be "viewed as a possible aberration rather than the start of a trend," ...
Pie Insurance Assesses Risks of Iconic TV, Movie Workplaces in Marketing Campaign
InsurTech Pie Insurance recently launched a new marketing campaign featuring safety assessments of iconic workplaces from seven industries throughout TV and movie history. The campaign, launched on ...
Rapid Cyber Premium Growth by Fairfax, Tokio Marine Increased Share of Market
The top cyber insurance carriers in 2021 shifted to include Fairfax Financial Holdings and Tokio Marine U.S. as the marketplace grew 74 percent to over $4.8 billion, according to a report from Fitch ...