Fed Warns Credit Scores ‘May Lose Some Power’ After Covid May 20, 2021 By Jenny Surane The Federal Reserve Bank of New York warned that credit scores — the all-powerful number that can determine if a...
Climate Change Caused $8 Billion of Hurricane Sandy’s Economic Losses: Study May 20, 2021 By Kanupriya Kapoor When Hurricane Sandy barreled over New York City and the East Coast in 2012, it caused $63 billion in damage,...
Organizations Miss Competitive Advantage by Underemphasizing Emerging Risks: Marsh May 19, 2021 Cyber attacks, climate change, geopolitical unrest — organizations agree on what some of the emerging risks that pose threats are....
Law Firms and Their Insurers Feel the Pain of Bigger Malpractice Claims May 17, 2021 Even as law firms made adjustments to sustain their operations through the COVID-19 pandemic, they were unable to avoid the...
Digital Transformation Vital to Keeping London Market Competitive: Survey May 17, 2021 Digital transformation is imperative to remaining competitive in the London market, according to the results of a new survey published...
Biden EPA Relaunches Website With Climate Change Indicators May 14, 2021 By Andrea Januta After years of delays during the Trump administration, the EPA released its new climate indicators, which show Americans are already...
Report: California Workers’ Comp Written Premium Down in 2020 May 13, 2021 Written premium for 2020 was 13% below the previous year, and was at the lowest since 2012, a new report...
Commercial Auto Insurance Business on Road to Break-Even in 2021: Fitch May 13, 2021 The commercial auto insurance segment posted its best underwriting result in a decade in 2020, thanks to continued big rate...
Medical Professional Liability Market Facing Difficult Times May 13, 2021 Despite a slight improvement in net income in 2020, U.S. medical professional liability (MPL) insurers saw their sixth consecutive year...
U.S. Hailstorms that Cost Insurers Billions – and Other April Natural Disasters: Aon May 12, 2021 Insurers face multi-billion-dollar losses from U.S. hailstorms during April, according to Aon’s Global Catastrophe Recap report, which each month analyzes...