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In 2023, cat bond issuance reached an all-time high of $16.4 billion, according to Artemis.
Rising insurance costs have created a burden for everyone in the CRE value chain, but some existing tools can help.
Crime has big costs for individuals and government. It also can lead to insurance rate increases.
When the insured's away and the water leaks, is there coverage?
Examine the prominent obstacles and emerging advancements anticipated to influence workers' compensation and the wider P&C market in the year ahead.
These rate increases will be driven by more frequent severe weather events and elevated repair costs.
According to Forbes Advisor, 91.7% of households in the United States had at least one vehicle in 2021.
Severe hail and thunderstorms, hurricanes and wildfires all caused widespread destruction and loss during 2023.
The agent impersonated a college employee and fraudulently set up an insurance financing agreement.
Only one region of the United States saw a net population gain in 2022, according to Census data.