1+ day, 1+ hour ago  (1323+ words) Convective storms are no longer a "secondary peril,'" said Maurice Marvi, a property loss control expert at Munich Re Specialty " North America. The frequency and severity of these events have increased to a point where they are driving some of…...

2+ day, 1+ hour ago  (1380+ words) The pressure to modernize is real. Insurers across the market are investing in AI-driven tools to gain efficiency, improve accuracy, and stay competitive. But the companies seeing the strongest returns are those that treat AI adoption not as a technology…...

1+ day, 13+ hour ago  (1631+ words) Workers" compensation weighted medical prices rose 1. 8% year over year in March 2026, a pace well below the 4. 0% increase in consumer-paid medical costs and the 2. 4% rise in the producer price index for health care services, according to the National Council on Compensation…...

1+ day, 15+ hour ago  (1607+ words) RIMS has selected Jeff Bray, senior vice president and head of global risk management at Prologis, as the 2026 Risk Manager of the Year, while Emily Buckley, insurance risk manager for Specialized Bicycle Components, has been inducted into the Risk Management…...

4+ day, 16+ hour ago  (331+ words) IMA Financial Group named Al Caceres senior vice president, National Energy Property Leader, adding him to the firm's Energy Practice to lead the strategy and execution of its energy property insurance business nationwide. "People are at the heart of every…...

4+ day, 16+ hour ago  (340+ words) Alliant Insurance Services appointed Michael J. Cusack as president of Alliant Property & Casualty. Cusack previously served as head of Alliant Specialty, where he oversaw 16 industry verticals and expanded Alliant's specialty business across the U. S. With more than 35 years of industry experience, his…...

4+ day, 15+ hour ago  (1571+ words) The first three months of 2026 produced no single insured loss event exceeding $10 billion, leaving the global insurance and reinsurance industry with ample catastrophe budgets heading into the historically costlier second and third quarters, according to Gallagher Re. Total economic losses…...

4+ day, 16+ hour ago  (1357+ words) Lockton named Ashleigh Sears as its Alternative Risk Solutions Practice Leader. "Lockton is committed to delivering highly specialized alternative risk solutions that meet the evolving needs of our clients," said Devin Beresheim, U. S. Risk Solutions Leader. "I'm pleased that Ashleigh has…...

4+ day, 15+ hour ago  (1377+ words) World Insurance Associates named John Newell as chief executive officer effective April 21, succeeding founder Rich Eknoian, who transitions to executive chairman. "World's pace of growth and track record of innovation have been exceptional, and the opportunity ahead is even greater,…...

5+ day, 12+ hour ago  (1502+ words) Global commercial insurance rates fell 5% in the first quarter of 2026, with property rates declining 9% and casualty rates rising 3%, according to Marsh's Q1 2026 Global Insurance Market Index. The divergence between softening property markets and a stubborn U. S. casualty environment defined the quarter, as…...