As a famous truant once observed, "life moves pretty fast." Today’s homeowner risks include technologies that were barely invented a decade ago, demographic trends that hadn’t fully emerged, and a plant that (depending on where you live) may no longer get you in trouble.

Our industry is diversifying, and that diversity has been a force for growth and innovation. Decades of work and progress have yielded more women in leadership roles, a more diverse workforce and a greater emphasis on recruiting talent from varied backgrounds and geographies.

Businesses risk damaging their brand’s reputation if they take a confrontational approach to claimants, risk experts warned during a recent virtual conference.

Historically, the common law tort of public nuisance aimed to uphold community morals and address public health violations. Now, public nuisance has emerged as a central cause of action in some of the largest environmental and non-environmental claims facing the insurance industry, raising compelling coverage issues.

Although American inventor and Founding Father Benjamin Franklin was not referring to insurance when he penned the famous words ‘time is money,’ today’s risk managers should take the expression to heart if they wish to reduce their companies’ claims costs.

Insurance sector communities have invaluable expertise and resources to address society’s climate challenges, but that experience is not fully understood or harnessed into the mainstream climate, sustainable development and finance agenda.

Access to water. For so many of us, it’s a given, but for so many others, it’s a daily battle.

Karen Clark & Company (KCC) has announced that American Family Group has licensed KCC’s full suite of US catastrophe models. The models are delivered through KCC’s RiskInsight open loss modeling platform.

As it builds out a framework to model future climate risk, AIR Worldwide made changes last year to its hurricane and U.S. wildfire models with the goal of providing insurers and their clients with more accurate assessments of those morphing risks.

Cheats never prosper. Or do they? Search engine optimizer Diggity Marketing tallied fines paid by some of the world’s largest companies between 2000 and 2020. The 100 most-fined companies paid between them equaled $482 billion in 8,938 separate fines.

Environmental, social and governance (ESG) is a philosophy, not a catchphrase. A principle for the good of expanding principal, ESG is a chance for the insurance industry to do well by doing good.

The events of the last year have provided many lessons, inside and outside the insurance industry. One concept is a certainty: It’s vital that we are prepared for what the future brings.

The world’s number three insurance broker is the latest to express its commitment to delivering net zero greenhouse gas emissions across its business operations.

Intangible assets account for nearly 70% of total business value – about $11 trillion – for the world’s 50 largest corporations, according to a new report from international insurance broker Howden.

London-based claims and insurance management company Charles Taylor Ltd. said Tuesday that it has acquired U.S. adjuster Syndicate Claim Services Inc.