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PIA notes that crop insurance is a farmer’s first line of defense against natural disasters.
This week's update includes insurance industry news from The Hartford, Risk Strategies, Segal and more.
Construction, transportation and logistics, utilities and retail experience the most claims.
The program will borrow money from the government to cover claims.
Travelers: More than a third of U.S. workers get hurt during the first year of employment.
A new way of working is crucial to meet customer demands, attract top talent, tamp down costs, and stay competitive.
"Exurbs" were the most popular cities for housing last year.
Homeowners' insurance generated $1.3 billion of underwriting income for the insurer in 2024 and covered $3.7 billion in losses.
Home Depot experienced a data breach affecting millions of customers, but courts say it's not covered under the company's CGL.
The insurance community needs to capitalize on this moment and prioritize public education around the changing flood-risk landscape.