Monthly Archives: <span>May 2024</span>

Declarations

Travelers’ ‘Terrific Start’ “The year is off to a terrific start with strong profitability and production in all three segments, as well as higher investment income. In short, we’re firing on all cylinders.” – Said Alan Schnitzer, chairman and chief …

People & Places

National Lloyd’s appointed Dawn Miller chief commercial officer and CEO of Lloyd’s Americas. Miller, who joined Lloyd’s in 2022 and oversees its global network as commercial director, will assume her expanded role on Sept. 1, based in New York. She …

New California Law Expands Work Comp Role in Curbing Workplace Violence

New legislation aimed at reducing workplace violence in California vastly increases employers’ responsibilities and hands workers’ compensation insurers an unprecedented oversight role that is likely to trigger lawsuits and affect rates and capacity. The Workplace Violence Prevention Bill SB 553, …

Small Businesses See Stable Business Climate; Cite Cybersecurity as Top Threat

The first quarter Small Business Index, which measures small business owner confidence, is 62.3 – similar to last quarter’s score of 61.3 – reflecting a stable business climate. More small businesses see an improving economy, which drove the headline score …

Thought Leadership & Personal Branding for Insurance Executives

In the insurance industry, competition can be fierce and consumer trust is paramount. Insurance executives face a unique challenge: standing out as leaders in a sea of expertise. Thought leadership and personal branding offer potent tools for insurance executives to …

Distracted Drivers Making US Roads More Dangerous: Survey

Nearly 80% of respondents to a recent Travelers survey said inattentive driving is more of a problem now than it has been in past years. Travelers noted the pandemic triggered a new wave of dangerous habits. The 2024 Travelers Risk …

Why a Focus on Safety Matters: Experts Share the Value of Proactive, Updated Construction Safety Practices

When construction accidents happen in the United States, the worker often takes the blame. Companies often ask: “What did the worker do wrong?” according to safety expert TJ Lyons. Lyons believes a better approach is to eliminate the practices that …

Triple-I: Insurance Economic Drivers Outperform Overall US GDP

The economic drivers of the U.S. property/casualty (P/C) insurance industry are growing faster than the nation’s Gross Domestic Product (GDP) and are expected to gain further momentum in the event of Federal Reserve monetary rate cuts, according to the Insurance …

Embracing Collaboration: Shaping the Future of Healthcare (Re)insurance

At the heart of healthcare liability insurance lies the intricate realm of medical malpractice. Demanding a profound understanding of both the product and the healthcare sector, this specialized field is cultivated through years of medical malpractice broking and underwriting experience …

Pregnancy Protections

Pregnant employees now have the right to accommodations under new federal regulations for enforcing the Pregnant Workers Fairness Act. These protections are likely to change workplace culture for millions of people, but no other working group is likely to be …