Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to Morningstar DBRS. In addition, the report said, reinsurance capacity in certain business lines could […]
Tag: Risks
What Claims Managers Need to Know About AI And Cyber Risks
Not long ago, a company held a conference call with a key vendor that included a dozen executives. The call was to create a repayment structure and schedule for a $2.6 million debt. A $750,000 installment arrangement was agreed to […]
Women Face More Injury Risks in Car Crashes, But Test Dummies Are Modeled After Men
Maria Weston Kuhn had one lingering question about the car crash that forced her to have emergency surgery during a vacation in Ireland: Why did she and her mother sustain serious injuries while her father and brother, who sat in […]
AI Risks, Climate And Legislation Lead Verisk’s Emerging Issues Bracket
Collegiate teams that competed in the men’s and women’s basketball tournaments turned heads in March. Now, we’re hearing about topics that made it to the final rounds of Verisk’s recent emerging issues bracket that could hold the collective attention of […]
Report Shows Homeowners Aware of Risks, But Few Take Action
Awareness of the need for greater home safety is on the rise, but many U.S. homeowners are still vulnerable to risks like water damage, wind, hail, and fire, according to a new report from The Hanover Insurance Group. Many homeowners […]
Time Pressures And Climate Volatility Raise Risks for Caribbean Hurricane Season
With the official start of hurricane season on June 1, insurers and claims professionals should prepare for what has the potential to be one of the most volatile seasons in memory. An environment shaped by rapid storm intensification and flooding […]