Workers’ compensation is getting the job done. Premiums are decreasing, claims are stable, and retention is high. But even good news can present its own set of challenges, Burns & Wilcox indicated in its webinar, Navigating a Soft Workers’ Compensation …
As the costs and consequences of education escalate, educational institutions at all levels face a rapidly growing slate of property and liability risks, including increasing sports liabilities and coverage for “trauma loss.” Lines such as property, general liability, professional liability, …
When celebrities collect their Oscars on Sunday, none of them will thank insurers. But it’s the insurance industry that makes entertainment production possible, whether it’s movies, live concerts, or even a virtual event. They all need all kinds of insurance. …
Transactional risk insurance continued its rise in popularity in 2022 to become a global, mainstream feature on mergers and acquisitions (M&A). Despite macroeconomic and geopolitical challenges, demand for transactional insurance remained resilient in 2022, according to Marsh’s latest report on …
What changes lie ahead for the rest of 2023? That’s a question that Insurance Journal’s “On Point” podcast host Peter van Aartrijk discussed with David Smith, founder and chief executive of Global Futures and Foresight, late last year. Smith is …
Climate change is contributing to increasingly intense natural catastrophes that leave larger and larger losses in their wake. What steps can the insurance industry take to prevent losses, protect clients, and ultimately create a safer world in the eye of …
The distribution and severity of nurse practitioner (NP) office practice setting claims have increased sharply since 2017, according to a new report from CNA in collaboration with its business partners at Nurses Service Organization (NSO), “Nurse Practitioner Professional Liability Exposure …
Post-Covid changes in the workplace have created a slew of new issues and exposures for employers. From the changing attitudes toward job flexibility and accommodations to the need for employee training to prevent pay-related litigation, employers are navigating new needs …
Technology is on everyone’s mind. Whether it’s using big data, AI or tackling the world of cybersecurity, technology tops the list of business concerns today. For the insurance industry, technology and how data is used to improve underwriting have been …
Directors and officers liability pricing fell 14.7% in the third quarter, according to a recent survey. Aon’s Financial Services Group’s Q3 2022 pricing index for the quarter ending on September 30 decreased to 1.57 from 1.96 in the prior-year quarter, …
