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The February train crash in East Palestine, Ohio has highlighted issues around insurance coverage, railroad safety and more.
The annual profit margins of insurance companies are getting squeezed, even as premiums are going up for products like home insurance.
Review the events that shaped flood insurance in 2022 and where the sector is heading in the new year.
Inflation and growing accident frequency & severity are expected to continue pushing up costs for policyholders and auto insurers alike.
Climate-related disasters have become the top concern of today's risk managers.
A recent report from McKinsey & Company offers advice for how P&C insurers in Europe can keep up with rising costs.
The trend in recent years has been for catastrophe losses to increase by 5% to 7% annually, the reinsurer reported.
A $1 million gift made the reinsurer a founding corporate sponsor of the Smithsonian American Women's History Museum.
Floods are an excluded peril in standard homeowners policies, so those in areas in danger of flooding should consider additional coverage.
As data and modeling improve, insurers that serve catastrophe-prone markets become better prepared to respond to global warming.