2025 is not yet over but already, Gallagher Re’s Natural Catastrophe and Climate Report shows that in just the first half of the year, global insured losses have already hit $84 billion. At this pace, 2025 is set to mark the fifth straight year with insured losses exceeding $100 billion. All this exemplifies the fact that the frequency and intensity of climate-related events—floods, wildfires, earthquakes—have escalated dramatically to reach nearly unsustainable levels. Insurers are adjusting to this fundamental change in underlying risk and loss patterns and how it is impacting the products and services that they are bringing to market. ...
This post is part of a series sponsored by Risk & Insurance Education Alliance. ...
By Loretta Worters, Vice President – Media Relations, Triple-I ...
Despite being the biggest professional liability market globally, the soft market that’s endured has made it more challenging for the best providers in the United States to stand out, as less proficient competitors have tried to capitalize on the conditions. ...
Many of us have experienced the frustration of long waiting times to secure a patient slot in a clinic or hospital. Let’s imagine Jane, a policyholder, facing a delay in diagnosis of her acute appendicitis. This delay results in limited treatment options, days of clinical examinations, extra hospital admissions, and additional medical procedures like blood tests, X-rays, and colonoscopies before surgery. Inadequate pain management and confusing discharge instructions further worsen her condition and take an emotional toll. Despite having comprehensive coverage, Jane receives a claims payout much lower than her medical bills, leaving her feeling frustrated and dissatisfied with her entire care journey. ...
We had an incredible time at Applied Net 2025, where innovation, learning, and collaboration took center stage for EZLynx® users. With over 350 EZLynx customers in attendance and over 50 enthusiastic EZLynx team members on-site, it was the perfect space to connect, share ideas, and learn together. ...
By Lewis Nibbelin, Contributing Writer, Triple-I ...
Renting a home or apartment comes with responsibilities, including protecting your personal belongings. Renters insurance covers unexpected events that could lead to financial loss. But how does renters insurance work, and what exactly does it cover? Learn if renters insurance is right for your lifestyle with this guide. ...