Nearly two-and-a-half years after recreational marijuana was legalized in Canada, the country’s P&C insurance industry is starting to get a sense of the type of claims arising from the October 2018 legalization.
It didn’t gain as much attention in the news, but the past year brought about a series of natural disasters around the world in addition to the pandemic. This continues a major trend we have been witnessing for the last two decades.
Prior to COVID-19, the U.S. boasted historically low unemployment and a roaring economy. Nearly every industry was expected to face a severe talent shortage within the next 10 to 20 years. But then March hit, and the world turned upside-down.
The National Highway Traffic Safety Administration (NHTSA) has opened an investigation into the 2013–2018 Toyota RAV4 after receiving 11 complaints of a fire starting from the engine compartment, as first reported by the Associated Press.
The latest Out Front Ideas with Kimberly and Mark webinar brought together a panel of industry experts to explore trends being seen in COVID-19 claims, as well as long-term medical complications and what risk managers should monitor in the future.
Last month’s winter storm that left dozens of Texans dead, millions without power, and nearly 15 million with water issues could wind up being the costliest disaster in state history.
Event cancellation insurance is a specialized realm. But during the coronavirus pandemic, it has shored up the balance sheets of sporting events around the world.
In-transit cargo thefts decreased in 2020 while thefts from warehouses and other storage facilities grew worldwide, according to a 2020 annual cargo theft report from logistics insurance company TT Club and supply chain intelligence firm BSI, released this week.
A new report looking into the first COVID-19 business interruption lawsuit that went to trial notes how the case underscores insurers’ strengths going into such legal proceedings – but there are some outlier cases that could still put insurers on the hook.
The latest Out Front Ideas With Kimberly and Mark webinar brought together a panel of industry experts to explore current trends being seen in COVID-19 claims, as well as long-term medical complications and what risk managers should be monitoring in the future.
Long before the COVID-19 pandemic, insurers were investing in digital transformation, spurred by the rise of startups. Those investments took on new urgency as the pandemic forced businesses across industries to move to digital operations to stay afloat.
