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It's in the water: This coverage is for more than asbestos, toxic chemicals and oil spills. Insureds may also need it for mold, legionella and lead pipes.
In partnership with Forbes, Statista surveyed 50,000 Americans working for businesses with at least 1,000 employees.
Analyzing 2018's hurricane season predictions and actual activity can help us in preparing for the 2019 season ahead.
Worsening climate change and complex environmental regulation are increasing liability from pollution-related claims.
It was, again, largely driven by property and directors and officers (D&O) lines of coverage.
A majority (52%) of small business owners believe they will face a claim in the next five years.
For now, the insurers' losses are on paper only. It will be months, if not years, before payouts are made.
The storms tearing through Germany reflect a similar trend in the U.S.
After 6 months of a slowing housing market, gains in home maintenance activity can be linked to storm-related repairs.
Aon's Global Catastrophe Recap explains this and more, examining worldwide natural disaster events in April 2019.