Lloyd’s Focuses on Delegated Authority Arrangements as Looming Market Risk October 3, 2024 By L.S. Howard While the Lloyd’s market reported its best first-half profit in 17 years, it isn’t resting on its laurels. It is...
UK Finance Firms’ Concern Over Geopolitics at Record Level October 3, 2024 By Laura Noonan and Greg Ritchie The share of UK financial services firms worried about geopolitical risks is at its highest level since the 2008 crash,...
1 in 10 Tri-State Properties at High Flood Risk: New York Fed October 3, 2024 Research by the Federal Reserve Bank of New York finds that nearly one million houses and multifamily buildings in New...
Insured Losses from Central European Floods Range From US$2.2B to US$3.4B: Verisk October 2, 2024 Insured industry losses from the flooding in the Czech Republic, Poland and Austria in September 2024 will range from €2...
Viewpoint: Elevating Claims Management by Taking Collaborative Approach With Clients October 2, 2024 By Zara Ismail Over the last 20 years, the role of the claims handler has evolved significantly, from a largely back-office function to...
Delaware’s Workers’ Compensation Claims Cost Grew 3% a Year: WCRI October 1, 2024 The average cost of workers’ compensation claims in Delaware, for cases with more than seven days of lost work, went...
75% of Independent Agencies Report Revenue Gains From 2022-23 September 27, 2024 Despite challenging conditions, 75% of independent insurance agencies saw revenue gains from 2022 to 2023, according to the 2024 Agency...
Central European Insurers’ Financial Strength to Remain Solid Despite Severe Floods September 25, 2024 By L.S. Howard The heavy rains and severe floods of Storm Boris, which inundated Central and Eastern Europe during the second week in...
Climate Change Made Europe’s Deadly Floods Worse and More Likely September 25, 2024 By Olivia Rudgard and Eamon Akil Farhat Record rainfall leading to flooding that killed 24 people in Europe earlier in September was twice as likely due to...
Methane Emissions Still Rising After Pledges to Curb Pollution September 23, 2024 By Aaron Clark Methane releases from some of the world’s major fossil fuel hubs are continuing to rise, as key polluters make little...