Claims & Reserving
Climate Change Worsened Extreme Weather Across the Globe in 2021
Extreme weather events in 2021 shattered records around the globe. Hundreds died in storms and heatwaves. Farmers struggled with drought, and in some cases with locust plagues. Wildfires set new ...
P/C Insurance Digital Claims Management Stalling: J.D. Power
The property/casualty insurance industry is falling behind financial services and utilities providers when it comes to the digital customer experience, according to the J.D. Power 2021 U.S. Claims ...
8 Emerging Risks to Watch: Climate Change, Tainted Products, Deepfakes
Even the most vigilant insurers and reinsurers scanning the risk landscape for potential future liability problems are likely to fall into landmines. What insurance risks of the immediate or distant ...
Will Forever Chemicals, PFAS, Lead to Never-Ending Lawsuits?
Claims and regulatory actions involving per- and poly-fluoroalkyl substances (PFAS) are continuing to evolve at a rapid pace across the country. From the ongoing multi-district litigation in the ...
Risk Alerts: Tainted Consumer Products, Smartphones
Many fast foods contain industrial chemicals that have been linked to serious health problems. Smartphones and watches can interfere with pacemakers and other implanted medical devices. A rare ...
Catastrophic Weather Continues to Drive Losses for Home Insurers: LexisNexis Report
Catastrophic weather events caused 39 percent of homeowners insurance claims in 2020—the highest percentage in the last six years, according to LexisNexis Risk Solutions' annual Home Trends Report. ...
Risk Alerts: Critical Infrastructure at Risk of Flooding; FSOC Warns About Climate Threat
New research by First Street Foundation finds that 25 percent of critical infrastructure is at risk of flooding today—and that number is expected to increase another 6 percent over the next 30 ...
Employees May Not Be Working Inside Office Buildings, But Cyber Criminals Are
The normal bustle inside of many office buildings has come to a halt during the pandemic switch to remote work, but these empty buildings could be inviting a different kind of activity: cyber crime. ...