Jacobson: Survey Shows ‘A Significant Pause’ in Industry Job Growth February 14, 2024 By Allen Laman More than half of insurance companies expect to increase staff in the next year, according to the latest labor market...
Insurer Travelers Profit Falls as Costs from Severe Storms Bite April 19, 2023 Travelers Companies Inc. on Wednesday reported a fall in quarterly profit, but announced an additional $5 billion share buyback plan...
Lloyd’s Insurers Preparing to Cover Ukraine Grain July 27, 2022 LONDON —Lloyd’s of London insurers and brokers are preparing to provide cover for grain shipments from Ukraine and are likely...
Claims People: NYSIR, Charles Taylor, Aon, Swiss Re and NAU March 28, 2022 NYSIR Hires Senior VP for Claims The New York Schools Insurance Reciprocal, which provides property and casualty insurance for New...
Climate Change ‘Steroid’ Contributed to $130B in Insured Losses Last Year-Aon January 25, 2022 LONDON–Climate change played a part in insured losses from natural catastrophes that totalled $130 billion globally in 2021, the fourth-highest...
Malpractice Insurance Premiums Increased 22%, Despite Fewer Claims October 15, 2021 By Jim Sams The number of malpractice claims filed against hospitals and physicians dropped 14% last year, even as premiums rose 22% on...
Property Insurers Exposed to $12.5B in ‘Silent Cyber’ Losses, Market Analysts Say October 13, 2021 By Jim Sams US property insurers are exposed to $12.5 billion in non-physical cyber losses that are not expected and not priced by...
Aon Says Natural Disaster Insured Losses for First Half of Year Hit 10-Year High July 22, 2021 LONDON — Insured losses from natural disasters hit a 10-year high of $42 billion in the first half of 2021,...
Justice Dept. Sues to Stop Aon’s Purchase of Willis Towers Watson June 16, 2021 WASHINGTON — The U.S. Justice Department filed a lawsuit on Wednesday aimed at stopping insurance broker Aon’s $30 billion acquisition...
Claims Process ‘Challenging’ as Insurers Suffer Record Winter Losses, Aon Says May 7, 2021 US insurers suffered record-breaking winter storm losses during the first quarter of 2021 while also grappling with several high-profile cyberattacks,...