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The number of contingent business interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much of the state's power grid and a fire at a semi-conductor plant in Japan ...
The cyber insurance sector has been tested recently with growing ransomware attacks, rising premiums, and more sophisticated threat actors, but that isn't necessarily scaring insurers away, according ...
New York, Miami, Tampa, and New Orleans are the metro areas with the most single-family homes at risk of heavy damage from storm surge during hurricanes, according to a report released by CoreLogic, ...
Property/casualty insurers have proven resilient in the last two years amid the considerable challenges of the coronavirus pandemic. One unanticipated outcome in this period is sharp improvement in ...
As Western wildfires force evacuations in Arizona and California — on the heels of an early and severe wildfire season in New Mexico — insurers are increasingly eyeing the growing risks. ...
The U.S. coal industry may be shrinking rapidly as the country shifts to renewable energy, but insurer and self-insured companies' liabilities for black-lung occupational disease claims have ...
Midway through a recent interview, the leader of a key business at The Hartford paused to ask a question relevant to executives at carriers that don't have 11-digit premium volumes or capital levels ...
Something weird is up with La Nina, the natural but potent weather event linked to more drought and wildfires in the western United States and more Atlantic hurricanes. It's becoming the nation's ...
As the North Atlantic hurricane season officially begins, forecasters continue to predict above-average storm activity. The forecast for 2022 North Atlantic hurricane activity is 18 named storms, ...
Why do residential property claims drag on for months, leaving homeowners waiting for needed repairs? One reason: contractors don't have incentives to move repairs forward quickly. And often, ...
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