Michele R. Punturi, Esquire, is the Director, Workers’ Compensation Department at Marshall Dennehey Warner Coleman & Goggin, P.C. She can be reached at [email protected]. The landscape of workers’ compensation is constantly evolving, requiring corporations,...

Amid economic headwinds and shifting risks, U.S. insurers face diverging credit rating trends across key market segment, AM Best reports. The U.S. insurance industry experienced a 52% increase in credit rating downgrades in 2023 over 2022, with personal lines...

New Jersey court rules company lacked authority to release a former subsidiary's rights to pollution coverage without consent. Denying an insurer’s summary motion to dismiss, a New Jersey court ruled that a policyholder was entitled to insurance coverage of a...

“In the supply chain, there’s a significant push for increased visibility, which involves using technology to see beyond the first level down to the second, third, or even fourth tier. This integration between conveyances allows for tracking, tracing and...

Litigation costs drove a 57% increase in US liability claims over the past decade, reaching an annual peak of 7% in 2023, Swiss Re reports. Social inflation has increased liability claims in the U.S. by 57% over the past 10 years, reaching a peak increase of 7%...

Through the lens of enterprise risk management, Elliott Young finds opportunities to make post-secondary students safer. Risk & Insurance: What was your first job? As a risk management specialist at Praesidium Inc., I advised youth serving organizations on...

Gallagher finds a growing number of companies are investing in resilience to mitigate risk and lower insurance costs As extreme weather events become more frequent and costly, U.S. business owners are increasingly worried about the impact on their bottom line...

There are numerous underwriting options open to specialty insurers these days. Finding the talent, technology and reinsurance support to take advantage of them will be the key to success. When you ask the heads of specialty underwriting practices just how much...

Surveys by APCIA and CIAB reveal cyber insurance market trends, challenges, and coverage gaps. Two insurance trade associations recently took the pulse of the U.S. cyber insurance market, finding that while some perceived gaps in coverage may take three years...