Markets
What to Expect: ‘No Material or Sudden Changes’ in Commercial Insurance Pricing
Even though reinsurance executives are making noise about social inflation and liability rate inadequacy, WTW isn't expecting any major changes in the pricing for commercial casualty or property ...
U.S. Home Insurance Less Affordable Due to Natural Disasters, Rising Repair Costs: Report
The growing frequency and severity of natural disasters amid rising home repair costs, along with other economic factors, have contributed to less affordable homeowners insurance, according to a ...
Judge Says Hair Relaxer Claims Against L’Oreal, Revlon Can Proceed
A federal judge on Monday allowed the majority of claims to move forward in sprawling litigation that claims chemical hair relaxer products made by L'Oreal USA, Revlon and ...
Dash Cams in Fleet Vehicles Key to Avoiding Nuclear Verdicts, Risk Managers Say
Cameras. One showing the driver and another facing forward.
Those can be the keys to avoiding nuclear verdicts after auto and truck ...
Cyber ‘Catastrophe Bonds’ Move Step Closer to Hitting Public Debt Markets
Cyber catastrophe bonds may be about to move out of the shadows of private deal-making and into the public debt markets.
So-called cat ...
Before and After: Managing Through the Cycle of a Cyber Attack
In such a fast-changing cyber risk landscape, experts say preparation is key, and one element that can help with that is cyber insurance. "Cyber insurance is such a critical tool when you think about ...
Ransomware, Extortion Claims See ‘Worrying Resurgence,’ Says Allianz
Following two years of high but stable loss activity, 2023 has seen a "worrying resurgence" in ransomware and extortion claims as the cyber threat landscape continues to ...
Oklahoma Tops List of 10 States Most Prone to Disaster
A new series, "The Damage Report," highlights states other than California, Florida and Texas, which suffer from a higher volume and wider variety of disasters, as multi-peril disaster insurance ...