A recent report from McKinsey & Company offers advice for how P&C insurers in Europe can keep up with rising costs.

The trend in recent years has been for catastrophe losses to increase by 5% to 7% annually, the reinsurer reported.

More than 60% of U.S. policyholders said 'I have no idea what my home insurance fully covers.'

Nearly three-quarters of Americans report having a manager ask them to take on additional work, and when that happened, 57% felt manipulated or taken advantage of.