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Cyber risk is becoming increasingly relevant to insurer credit ratings, according to a new report from S&P Global Ratings. S&P cited the Colonial oil pipeline attack in the U.S. in late ...
Robust global economic recovery, higher risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines will combine to push premiums 10% above pre-COVID-19-crisis ...
Property/casualty insurers plan to accelerate their use of automation for actuarial work, a new Willis Towers Watson survey found. What's more, COVID-19 has been a major factor in the trend. The ...
More than 80 percent of policyholders would prefer to communicate with their insurance company or agent via text, according to a new survey from communication platform Hi Marley. And the vast ...
June 2021 left Europe with its costliest severe storm period on record. Meanwhile, over in the U.S. in Canada, record-setting heatwaves caused significant damage, according to Aon's latest natural ...
Workplace violence is a growing concern for small and midsize businesses, with 34 percent reporting at least one serious threat or violent incident, according to a recent survey from HSB. And many ...
Here's a statistic that underscores the tough job cyber insurers have in convincing clients to reduce risks: 57 percent of individuals said they use personal information to inspire a password. That's ...
U.S. shopping for personal lines insurance is showing signs of returning to pre-pandemic levels, according to a new TransUnion report. Auto insurance remains a big exception, however. The consulting ...
A recent study from The Hartford found that 70 percent of U.S. employers now recognize that employee mental health is a significant workplace issue, up from 59 percent in June 2020. In addition, 31 ...
During the COVID-19 pandemic, auto insurers voluntarily returned more than $18 billion in premiums to address the drastic reduction in driving. It turns out all that extra money didn't make consumers ...
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