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The sector's gross written premiums have been growing by 20%-30% annually since 2020.
The climate strategy was developed under the coordination of the NAIC's Climate and Resiliency Task Force.
The 2018 incident caused several pelvic fractures and premature birth of the infant. The lawsuit alleges defective design, negligence and consumer fraud.
Declining premium revenues, lower rates, underwriting volatility and litigation led to this hardening, Fitch Ratings says.
Andreas Berger is succeeding Christian Mumenthaler, who is stepping down on July 1, 2024.
Federal leaders in the U.S. want AI safeguards akin to those being developed by the insurance industry.
Join this complimentary webcast to discover how payments can be the gateway to modernization.
Andrew Sabolic of the WCI discusses the organization's work and what makes an excellent workplace safety program.
Fortifying the property and understanding the nuances of homeowners insurance coverage mitigates losses for insureds and insurers.
Many insureds want to install photovoltaic panels, but experts report inconsistencies in equipment valuations.