Day: June 17, 2026

A new report published jointly by the International Underwriting Association (IUA) and Airmic is pushing the insurance market toward outcome-based policy structures in an effort to close widening protection gaps. The report was produced as the result of a series of roundtables held with Airmic and IUA members, with KPMG as a thought leadership partner. […]

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Illegal cyber activities accounted for around a third of all crimes recorded in some Asian countries, with scams the most widespread and financially damaging, according to a new Interpol report. The global policing agency’s latest cyber threat cyber threat assessment …

General Insurance Corporation of India (GIC Re), the Indian public sector reinsurer, has appointed Hitesh Rameshchandra Joshi as Chairman-cum-Managing Director (CMD), effective June 16th, 2026, a role he had held in an interim capacity since October 1st, 2025. The reinsurer notified the country’s Ministry of Finance that the appointment has been approved by the Central […]

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CRC Group, a specialty insurance distributor, has announced the appointment of experienced insurance and reinsurance professional, Bethany Greenwood, as Chief Executive Officer (CEO) of its Underwriting Division. Greenwood joins the role with more than 25 years of leadership experience across the specialty insurance sector, covering brokerage, underwriting and executive management. She was most recently based […]

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Artificial intelligence has become a significant industry trend that is here to stay. Insurers no longer use AI as an experimental tool but instead have ingrained it into everyday insurance operations. Notably, carriers utilize AI for underwriting, pricing, claim intake …

While visiting family in St. Petersburg, Florida, in November 2024, I found myself walking down a quiet residential street in Shore Acres, a low-lying, bayfront neighborhood not far from where I grew up. Two months earlier, Hurricane Helene had sent …

When England takes on Croatia Wednesday in the group stage of the FIFA World Cup, the area surrounding AT&T Stadium in Arlington, Texas will be conspicuously absent of any aircraft. That’s because the Federal Aviation Administration (FAA) has issued a …

A fiery North Dakota derailment that happened two years ago demonstrated yet again why the National Transportation Safety Board has been urging the rail industry for decades to replace flawed tank cars that tend to rupture in a crash. The …

By Loretta Worters, Vice President – Media Relations, Triple-I Every major disaster exposes the same reality: recovery is not only about repairing physical damage, but also about navigating a complex and often fast-moving marketplace of contractors, vendors, and service providers. In that environment, most contractors are legitimate professionals helping communities rebuild. But alongside them, a … Continue reading Contractor Fraud After Disaster: A Persistent Challenge in the Recovery Process →

By William Nibbelin, Head of Industry Data and Actuarial Science, Triple-I  After years of significant financial strain, the U.S. property/casualty (P/C) insurance industry is showing strong signs of recovery and stabilization. According to the latest Insurance Economics and Underwriting Projections: A Forward View report from Triple-I and Milliman, the industry’s net combined ratio (NCR) reached … Continue reading U.S. P/C Market Records Hard-Earned Decade-Low Combined Ratio →