The past year has seen a rapidly hardening cyber insurance market as cyberattacks have surged in both cost and frequency. This increase in attacks has, in turn, resulted in a... continued.
In its latest U.S. Property & Casualty Insurance Market Report, S&P Global Market Intelligence predicts inflation will send the property and casualty insurance industry into its first unprofitable year since... continued.
The commercial property insurance market has hardened in recent years, with consistent rate increases since the third quarter of 2017. These rate increases were evident in the beginning of 2022,... continued.
A recent report by the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) found an estimated 42,915 fatal traffic accidents in 2021. This is a 10.5% increase from... continued.
Insurance professionals’ suspicions about fraudulent claims have increased during the pandemic as fraudsters have become more creative, according to a recent survey. The survey by FRISS, a provider of fraud and risk... continued.
Property insurers are not raising coverage limits and rates to keep pace with inflating construction costs, according to a Moody’s Investors Service report. Rising costs for construction materials and labor... continued.
As pet owners return to the workplace or school, pets will be left home alone. Behavioral issues such as separation anxiety could result in aggressive and destructive behavior. This could... continued.
The FMCSA declared an emergency declaration granting relief of HOS requirements to those providing direct assistance to the immediate restoration of baby formula supplies. On May 23, 2022, the FMCSA... continued.
Several recent reports quantify the growing risk and cost of cyber attacks in 2021. Willis Towers Watson PLC, a multinational risk-management, insurance brokerage, and advisory company, and global law firm... continued.
For 2022, Colorado State University (CSU) hurricane researchers are predicting yet another above-average Atlantic hurricane season, which runs from June 1 to Nov. 30. In particular, CSU researchers believe there... continued.