Casualty

New Zealand Reforms Building Consent with Liability Shift
Insurance New Zealand Reforms Building Consent with Liability Shift

In a groundbreaking move to reshape the construction landscape, the New Zealand Government has unveiled plans for the most extensive overhaul of the building consent system since the Building Act of 2004 was enacted, aiming to address deep-rooted issues of financial inequity and operational

How Are Climate-Driven Hurricanes Impacting Investments?
Risk Management How Are Climate-Driven Hurricanes Impacting Investments?

As the Atlantic hurricane season unfolds with unprecedented ferocity, the financial world is grappling with the profound implications of climate-driven storms on investment landscapes. A recent Category 5 storm, dubbed Hurricane Erin, tore through the Carolinas and Puerto Rico with winds of 160

Oklahoma's Weak Insurance Oversight Costs Drivers $1 Billion
Regulatory & Compliance Oklahoma's Weak Insurance Oversight Costs Drivers $1 Billion

In a state where wide-open plains and unpredictable weather often define daily life, Oklahoma drivers and homeowners are grappling with an unseen but crushing burden: exorbitant insurance premiums that drain household budgets at an alarming rate. A detailed investigation, conducted in collaboration

Can AI Combat the US Nuclear Verdict Crisis?
Insurance Can AI Combat the US Nuclear Verdict Crisis?

The United States legal system is facing an unprecedented challenge with the rise of "nuclear verdicts"—jury awards in civil litigation that frequently reach tens or hundreds of millions of dollars, placing an extraordinary burden on insurers, corporations, and defense teams alike. Last year, a

How Is Aviva Leading Climate Strategy Amid Pushback?
Insurance How Is Aviva Leading Climate Strategy Amid Pushback?

Setting the Stage: A Climate Crisis Meets Market Dynamics In a world where climate-related disasters are costing the global insurance industry billions annually, the stakes for strategic adaptation have never been higher, placing the sector at a critical intersection of environmental necessity and

How Did Cincinnati Financial Excel in Q2 P&C Insurance?
Insurance How Did Cincinnati Financial Excel in Q2 P&C Insurance?

In the ever-shifting landscape of the property and casualty (P&C) insurance sector, where companies grapple with unpredictable market cycles and external pressures, one name has emerged as a standout performer in the second quarter. The P&C industry, tasked with safeguarding individuals and

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