Markets
Adaptive Insurance, Tokio Marine HCC Partner on Power Outage Losses
Adaptive Insurance, a provider of parametric insurance solutions, has partnered with specialty insurer Tokio Marine HCC on GridProtect—an insurance product for short-term power outages. The ...
Viewpoint: When the Cloud Sneezes, the Digital Ecosystem Catches a Cold
Google had a pretty bad day recently. The kind of day that would make Spotify stop singing, Discord and Snapchat go quiet, and give retailer Marks & Spencer a panic attack. Why? Because too many ...
Middle East Tensions Raise Loss Accumulation Risks: Report
Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to ...
IIHS: Blind Spots of Top Selling Autos Grew; Pedestrian, Biker Deaths Soared
The forward blind zones of six top-selling vehicles grew over the past 25 years as pedestrian and bicyclist fatalities soared, a new comparison technique developed by the Insurance Institute for ...
Homes With Toxic Smoke Damage Deepen Insurance Nightmare in LA
Months after fire tore through Los Angeles' Pacific Palisades neighborhood, homeowners are struggling to get reimbursed — not for houses reduced to rubble, but for the damage of smoke and toxins in ...
What to Know About Construction and Environmental Liability
How do per- and polyfluoroalkyl substances (PFAS) impact the environmental liability market in construction, or do they? Do all contractors need environmental liability coverage? And if so, how can ...
U.S. E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings
A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4 percent in 2024, down from 14.5 percent a year ...
Claims Against Insurance Companies: How to Avoid Bad Faith Setups
Insurance companies are in the business of providing important financial and logistical assistance when customers experience some kind of event or incident covered by a policy. Those things—often ...