Public discussion about re-opening the economy after COVID-19 has mostly revolved around the safety, efficacy, and availability of various vaccines.
Sean Kevelighan, Triple-I CEO Insurance is a business that promotes and demands resilience, and 2020 was a year-long case study in our industry’s
A recent study by the Geneva Association on the topic of “social inflation” addresses the challenges of defining and quantifying the phenomenon.
[embedded content] That the insurance industry alone can’t be expected to cover future pandemic risk seemed to be a given at yesterday’s hearings
Commercial insurance loss estimates related to the COVID-19 pandemic vary widely, with Lloyd’s estimating global claims as high as $107 billion in
During the last week in September, Universal Health Services Inc.
The Financial Conduct Authority (FCA), which regulates insurers in the United Kingdom, has indicated that it doesn’t believe COVID-19-related loss
“Social inflation” refers to rising litigation costs and their impact on insurers’ claim payouts, loss ratios, and, ultimately, how much policyholde