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Insurers across all lines wrote $960,802,932,489 in direct premiums in 2023, according to NAIC market share report.
Recent sales statistics indicate the electronic vehicle market is down but not out.
In 2023, global insured catastrophe losses exceed $100B for the fourth consecutive year, according to Swiss Re Institute.
Insurance industry news from Nordic Capital, Chubb, USQRisk and more featured in weekly update.
Wages have continued growing, in turn boosting payrolls and premiums for most industries.
The California FAIR Plan faces $311 billion in potential losses, up from $50 billion six years ago.
Crisis communications and management services are designed to help reduce the impact of any potentially volatile or controversial situation.
Nominations are now open for the 2024 Workers' Comp Risk Management Award for Excellence.
Cyber criminals are already using these tools to groom and streamline so-called 'social engineering' attacks.
A greater public awareness is needed about deepfakes and the risks associated with reputational attacks on public and private institutions.