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Insurance buyers face an uncertain outlook over the next year. While the sharp primary rate increases of the past four years appear to have eased, prices are still rising, and general economic conditions and other market forces may preclude much further easing.
Working from home can be precarious. The household printer is upstairs and the dog lives under my desk, so itÂ’s not a stretch to imagine a scenario where I trip over the dog and/or slip on the stairs as I run up to retrieve a document.
Insurance buyers face an uncertain outlook over the next year. While the sharp primary rate increases of the past four years appear to have eased, prices are still rising, and general economic conditions and other market forces may preclude much further easing.
Working from home can be precarious. The household printer is upstairs and the dog lives under my desk, so itÂ’s not a stretch to imagine a scenario where I trip over the dog and/or slip on the stairs as I run up to retrieve a document.
Bill Mudge has been at the helm of the WorkersÂ’ Compensation Insurance Rating Bureau of California for 11 years as president and CEO, after spending nearly three decades in the insurance industry, mostly in leadership roles.
Bill Mudge has been at the helm of the WorkersÂ’ Compensation Insurance Rating Bureau of California for 11 years as president and CEO, after spending nearly three decades in the insurance industry, mostly in leadership roles.
These charts present the second set of results from Business InsuranceÂ’s annual survey of agents and brokers; the first was published in July.
MONTE CARLO, Monaco — The market for cyber liability reinsurance is stable but is unlikely to grow significantly until more sophisticated underwriting tools are developed to assess the risks, reinsurance leaders say.
Emergency crews took to helicopters and boats on Thursday to rescue residents of Florida's Gulf Coast stranded by floodwaters, downed power lines and piles of debris left behind by Hurricane Ian's destructive march across the state.
Volkswagen AG faces a class action suit in Israel after a court ruled in favor of petitioners seeking compensation from the German carmaker over diesel emissions cheating.
A $117 million settlement has been reached with former PG&E Corp. executives and directors who were accused in a lawsuit of lax oversight of the utilityÂ’s safety measures prior to the 2017 North Bay and 2018 Camp fires, two of California's most destructive wildfires.
Reinsurance prices are expected to remain strong into 2023 following Hurricane Ian, according to a report released by Morgan Stanley on Wednesday.
Arthur J. Gallagher & Co. has agreed to buy M&T Insurance Agency Inc., a nearly $40 million agency that is a subsidiary of M&T Bank Corp.
California Gov. Gavin Newsom signed into law a bill on Tuesday that requires employers to provide more detailed information on their employeesÂ’ pay.
Insured losses from natural catastrophes averaged $100 billion a year from 2017 through 2021, more than double the $47 billion average from 2012 through 2016, according to a report released Wednesday by data and analytics company Verisk Inc.
Elon MuskÂ’s lawyers urged a federal appeals court to throw out a provision in his 2018 consent decree with the U.S. Securities and Exchange Commission requiring a Tesla Inc. lawyer to vet some of his posts on Twitter.
Multiline insurer Employers Mutual Casualty Co. said Tuesday it would stop writing reinsurance business and lay off about 65 staff.
Insured losses from natural catastrophes averaged $100 billion a year from 2017 through 2021, more than double the $47 billion average from 2012 through 2016, according to a report released Wednesday by data and analytics company Verisk Inc.
Business and media publication Fast Company said it shut down its website Tuesday evening after the site was hacked and sent “obscene and racist” notifications to Apple users via the iPhone maker’s Apple News service.
Hurricane Ian plowed into Florida's Gulf Coast with catastrophic force on Wednesday, unleashing howling winds, torrential rains and a treacherous surge of ocean surf that made it one of the most powerful U.S. storms in recent years.
Smithfield Foods Inc. has agreed to pay $75 million to settle a lawsuit by consumers who accused the meat producer and several competitors of conspiring to inflate prices in the $20 billion-a-year U.S. pork market by limiting supply.
Business and media publication Fast Company said it shut down its website Tuesday evening after the site was hacked and sent “obscene and racist” notifications to Apple users via the iPhone maker’s Apple News service.
Smithfield Foods Inc. has agreed to pay $75 million to settle a lawsuit by consumers who accused the meat producer and several competitors of conspiring to inflate prices in the $20 billion-a-year U.S. pork market by limiting supply.