2+ day, 2+ hour ago   (649+ words) Insurance Business Record motor profit masks a claims trend brokers cannot ignore Net claims incurred in Australian domestic motor rose 22% in two years. New Youi research identifies a predictable afternoon incident window driven by fatigue, time pressure and overconfidence. For…...

3+ day, 4+ hour ago   (170+ words) For the past two renewal cycles, group benefits brokers have fielded the same uncomfortable question from clients: why did our health plan's costs jump again, when nothing about our workforce changed? A study published this week gives brokers a more…...

3+ day, 4+ hour ago   (533+ words) Boston Scientific’s cyberattack is putting another spotlight on the operational consequences of cyber incidents for US healthcare companies, with the medical device maker warning that disruption is affecting systems used to process and ship customer orders. The company said Wednesday…...

3+ day, 5+ hour ago   (559+ words) Commercial auto has become an outlier in an otherwise softening US insurance market, leaving brokers under growing pressure to prove why individual fleets deserve better treatment. Underlying results help explain the divergence. Commercial auto produced an underwriting loss of approximately…...

3+ day, 5+ hour ago   (515+ words) Insuring a multi-unit residential building has almost nothing in common with insuring a single-family home beyond the fact that both involve a roof and walls, according to Peter Kennedy, managing director at Aon, who said the differences start with sheer…...

2+ day, 22+ hour ago   (450+ words) A flash flood on the Nepal-Tibet border has left at least 17 people dead and nearly 400 travellers missing, with the death toll expected to rise as rescue teams struggle to reach the worst-affected areas. Nepal Police confirmed the death toll to…...

2+ day, 23+ hour ago   (754+ words) Insurance Business Australians hold cover they can’t navigate – and few know it Forty-six per cent of Australian cardholders are unaware of, do not trust, or do not consider their card's included benefits. Fifty-four per cent said what would make embedded…...

2+ day, 23+ hour ago   (860+ words) Insurance Business The terrorism exclusion clause brokers rarely explain just became relevant twice Australia had three terrorism declarations in 23 years. Two came in the same financial year. Neither generated a claim - meaning most commercial property clients still do not know…...

3+ day, 4+ hour ago   (609+ words) Charlie Hicks (pictured) is not worried about AI replacing insurance brokers. He is more interested in what it will reveal. As the industry debates AI's impact on broking, the managing director of EIC Insurance Services sees the technology exposing a…...

3+ day, 9+ hour ago   (473+ words) Insurance Business Paylogix TPA data breach puts benefits brokers on notice Hackers linked to the Akira ransomware gang stole health, financial, and identity data from tens of thousands of plan participants A ransomware gang stole health records, Social Security numbers,…...