Tag: Risk Management

Usage-Based Auto Insurance Reduces Premiums for Infrequent Drivers

Explore how usage-based auto insurance leverages telematics to lower premiums for infrequent drivers by monitoring mileage and driving habits, enhancing personalized insurance pricing.

Moody's Model Highlights U.S. Flood Insurance Protection Gap Amid NFIP Lapses

Analysis by Moody's RMS reveals significant flood insurance undercoverage in U.S. residential properties and examines impacts of NFIP lapses with rising flood risks.

MetLife Finalizes $10B Variable Annuity Risk Transfer Deal with Talcott

MetLife completes $10 billion variable annuity risk transfer with Talcott, reducing portfolio risk while retaining policy administration. Part of a broader strategy involving reinsurance and legacy business risk mitigation.

Spokane Winter Weather Drives Up Auto Insurance Claims and Repair Costs

Icy roads in Spokane, WA cause increased auto accidents and repair claims. Washington drivers urged to review insurance coverage and practice winter safety.

American Global Expands U.S. and Canadian Construction Insurance Teams

American Global strengthens its construction insurance services with key hires in the U.S. and Canada, boosting expertise in Builder’s Risk, property, engineering coverage, and surety underwriting amid sustained industry growth.

Allianz Commercial Leads Risk Solutions for Mid-Sized and Large Enterprises in 2024

Allianz Commercial drives insurance solutions for mid-sized businesses and large enterprises, managing geopolitical and cyber risks with €18 billion premiums in 2024.

Insurance Firms Announce Leadership Appointments to Boost Expertise and Growth

Major insurance and financial services firms announce leadership hires focusing on risk management, technology innovation, and distribution to enhance industry growth and expertise.

Japan Commercial Insurance Market Hardens with Tightened Underwriting and Rising Pricing

Explore the latest trends in Japan's commercial insurance market with rising property rates, tightened underwriting, and emerging exclusions impacting liability coverage.

Climate Change and U.S. Property Insurance Crisis: Regulatory Responses and Solutions

Exploring how climate change drives the U.S. property insurance crisis, analyzing state regulatory responses, and reviewing proposed insurer, land-use, and federal policy solutions.

Cybersecurity and AI Shape 2026 Cyber Insurance Trends and Risks

Explore key cybersecurity trends and AI impacts driving 2026 cyber insurance market evolution. Insights on risk management, third-party exposure, ransomware, and regulatory shifts.