Industry News
Middle-Market Companies Report Performance Improvements
New data from Chubb and the National Center for the Middle Market shows nearly 75 percent of middle-market companies report an improvement in overall performance compared to last year — a record ...
Unlock Employee Potential by Focusing on Well-Being, Communication
Employee well-being is becoming an increasing factor impacting their engagement in the workplace, according to Gallagher's 2023 Career Wellbeing Report. The report is the third installment of the ...
Re/Insurance Communications Platform ‘fuse’ Launches
A communications platform called fuse has been launched for the global commercial insurance and reinsurance industry. Fuse promises retail, wholesale and reinsurance brokers, insureds, insurers and ...
WCRI: 6% of COVID Claimants Treated for Long COVID
A national study by the Workers' Compensation Research Institute found that 6 percent of workers who filed claims for COVID-19 suffered long COVID, meaning they sought additional treatment more than ...
California’s Next Steps: Picking the Right Cat Models and Staffing Up
Is $11 million too much to pay for a public catastrophe model? Does the California Department of Insurance have to hire a new contingent of specialists to understand private models, if those are ...
Digital Drone Insurers Flying Together: SkyWatch Acquires DroneInsurance.com Assets
SkyWatch, a specialty InsurTech focused on digital insurance for the aviation industry, announced the acquisition of the assets of DroneInsurance.com from REIN yesterday. Financial terms of the deal ...
Commercial Auto Insurers Face Bleak Profit Outlook
Underwriting losses in U.S. commercial auto have returned to pre-pandemic levels and rate increases have not been enough to keep up with severity trends. "The liability component has been more ...
FTX’s Bankman-Fried Battles Excess Insurer Over D&O Coverage
Just two days before his criminal trial started this week in federal court in New York, FTX Trading founder Sam Bankman-Fried filed suit in federal court in California against his excess insurance ...