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Insurance industry losses from natural catastrophes and man-made disasters across the globe amounted to $83 billion in 2020, making it the fifth-costliest year for the industry since 1970, according ...
If commercial insurance providers are pursuing pandemic-fueled efforts to help their small business customers, many are largely unaware of their efforts, J.D. Power determined as part of a new ...
North American hurricane landfalls in November added about $9 billion to the total Atlantic seasonal financial toll in terms of catastrophe losses, Aon said in its latest Global Catastrophe Recap ...
Buyers of directors and officers liability coverage are expected to face "difficult conditions" in the U.S. well into 2021, Marsh has concluded in a new report evaluating the sector. That means ...
Most middle market business owners are more interested in vehicle telematics insurance products than their agents realize, a dynamic that reveals a significant opportunity to sell the technology more ...
Despite the pandemic risk, the majority of Americans are still planning to travel during the 2020 holiday season. However, many say they are going to hedge their bets from now on by purchasing travel ...
Cybersecurity has emerged as the most pressing exposure for business confronting a new "age of risk," topping the coronavirus pandemic and climate change, in part because cybercrime is so pervasive, ...
The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many expecting a sizable increase in claims, according to a new AM ...
Global commercial insurance pricing rocketed 20 percent higher on average in the 2020 third quarter, driven largely by rate hikes in three key lines, according to a new Marsh market update. Marsh ...
The world's property/casualty insurers would have to collect business interruption insurance premiums for 150 years in order to absorb the estimated $4.5 trillion global output loss inflicted by ...
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