Tag: Risk Management

MetLife Transfers $10B Variable Annuity Risk Amid Slow Growth Concerns

MetLife reduces variable annuity risk with $10B transfer to Talcott Resolution amid challenges from slow premium growth and declining investment income. Learn how this impacts earnings and market positioning.

Intact Insurance Emphasizes Specialized Risk Control for Industry-Specific Challenges

Intact Insurance Specialty Solutions advances specialized risk control strategies, delivering industry-specific expertise to manage complex risks in sectors like telecommunications, medical technology, and cyber risk. Learn how consultative partnerships drive operational improvements and reduce insurance claims.

Techficient Launches Surefire, an Automated Life Insurance Underwriting Platform

Techficient introduces Surefire, an end-to-end automated life insurance underwriting platform that accelerates risk assessment, reduces costs, and enhances fraud detection for insurers.

Rising Home Insurance Costs in Wisconsin Linked to Disasters and Construction Expenses

Wisconsin home insurance premiums rose 55% from 2017 to 2024, driven by climate disasters and rising construction costs. Explore regulatory impacts and market trends.

NFP Expands Complex Property Risk Management with New Senior VP in Atlantic Region

NFP appoints Melissa Sage as Senior VP to lead complex property risk management in the Atlantic region, enhancing tailored insurance solutions and analytics.

The Hartford Analysis Highlights Key Small-Business Insurance Claim Trends and Costs

The Hartford study reveals rising water and fire insurance claims costs for U.S. small businesses, emphasizing proactive risk management and technology solutions to mitigate property and liability losses.

California Delays Wildfire Safety Rules Impacting Home Insurance Market

California delays Zone Zero wildfire safety rules, affecting home insurance and wildfire risk management amid regulatory and homeowner challenges.

Congress Proposes Automatic Extension Act for National Flood Insurance Program

Congress introduces bipartisan bill to prevent National Flood Insurance Program lapses during government shutdowns, ensuring continuous flood insurance coverage and market stability.

U.S. Workers’ Compensation Shifts: California Leads Market Transformation

Explore the transformative shifts in the U.S. workers' compensation insurance market, driven by escalating claims costs and reserve challenges, with California as a leading indicator.

MLex: Global Regulatory News and Analysis Platform for Insurance Professionals

MLex offers insurance professionals exclusive global regulatory news and enforcement analysis to support risk management and compliance strategies.