Browsing: Business Insurance

Australia’s insurance industry is experiencing increasing claims and affordability issues due to rising extreme weather events, with recent disasters costing $2.2 billion in six months and projected annual losses reaching $8.7 billion by 2050.

Slide Insurance Holdings Inc.’s successful Nasdaq debut has sparked renewed investor optimism in the insurtech space, but raises questions about the feasibility of replicating this success in Canada.

Captive insurance is evolving beyond traditional property and casualty risks, expanding into areas such as cyber liability, employee benefits, and directors and officers (D&O) liability, becoming a central part of global risk management strategies.

Erie Insurance is working with cybersecurity experts to restore access after a network outage caused by unauthorized activity on its systems.

Insurers participating in Australia’s Cyclone Reinsurance Pool have processed over 68,000 claims related to ex-Tropical Cyclone Alfred, with total insured losses estimated at $1.44 billion.

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Insurance Business America opens nominations for its ninth annual Hall of Fame, honoring influential insurance industry leaders

Workers’ compensation expert Blake Nilsson says structural fixes won’t solve comp losses without cultural change

Recent appointments in insurance and legal industries highlight significant leadership changes

Porch Group extends its distribution partnership with Goosehead Insurance to scale premiums under its newly launched Porch Reciprocal Exchange