Industry News
Report: Top Emerging Liability Trends in the Professional Services Sector
Inflation, new technology, evolving legislation and hackers for hire are just a few of the exposures facing professional services firms including management consultants, auditors, accountants, ...
Automated Weather Insurance Could Offer Help in an Increasingly Hot World
Carlos José Báez experienced the full brunt of Hurricane Maria when it made landfall in Puerto Rico as a catastrophic storm in 2017. The auto paint shop owner, who lives in Aguas Buenas, Puerto ...
Climate Change Poses Added Risk to Farm Workers’ Health
Mily Trevino-Sauceda was nine when her mother fell as she worked to move irrigation pipes along rows of potato and alfalfa on an Idaho farm. Her 10-year-old brother splashed water over their mother's ...
Zurich Adds Cyber Insurance Product for Middle Market Businesses
Zurich North America, offering cyber risk coverage for more than a decade, announced a cyber insurance product designed specifically for middle-market businesses. The Zurich Cyber Insurance Policy ...
Conning: Fronting Market Growth Expected to Slow
The U.S. fronting market, where specialized carriers offer their financial strength rating, licensing and other services primarily to managing general agents (MGAs), has seen dramatic growth in ...
Executives on the Move at Farmers, Hiscox, Swiss Re
Farmers Insurance announced that Kevin Yoo will join the organization as chief claims officer effective July 12. Yoo has an extensive insurance background, having served in senior claims roles at ...
Global Cyber Premiums Could Exceed $50B by 2030
The cyber insurance market potential is huge, with premiums likely to exceed $50 billion by 2030, according to a new report by global insurance broker Howden. With the potential to rival major ...
After Member Exodus, Insurers Seek to Ease UN Climate Alliance Rules
The remaining insurers in a United Nations-backed coalition aimed at tackling climate change are poised to loosen the alliance's membership requirements after a recent exodus of members, according to ...