The latest insurance industry personnel news from Ascot, Price Forbes, Allianz Commercial and more.

Construction and engineering insurance claims show natural hazards are the second most expensive cause of loss.

Owning a short-term rental comes with a unique set of risks.

Disputes over the nature of applicable coverage and force majeure provisions are common.

NCCI says the system is strong and healthy.

One in four insurers now use AI to assess risk for convective storms.

Most Baby Boomers have not recently considered relocating internationally but the prospect is hot among young adults.

Thirty-eight percent of the world’s millionaires live in the U.S.