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Gallagher Bassett, a global claims and risk management provider operating across the United Kingdom, Europe, the Middle East, Asia, North America and Australia, has highlighted how changing weather patterns are contributing to higher costs and increasingly complex property claims within loss adjusting. Traditionally, insurers and loss adjusters were able to rely on seasonal patterns, regional […] The post Weather events increasing claims complexity and cost in property loss adjusting: Gallagher Bassett appeared first on ReinsuranceNe.ws.
Why does short-term disability still matter in a paid-leave world?
Two new inspections into kraft pulp and paper mills in Washington have been opened, following ongoing investigations at the Nippon Dynawave mill where a tank failure killed 11 workers. The Washington State Department of Labor & Industries said investigations are …
The formation of sidecars experienced a significant increase in 2025, driven by strong annuity sales in the United States, according to a new report by credit rating agency AM Best. During this period, total reserves ceded to these entities rose to over $90 billion, a sharp increase from the $55 billion recorded in 2023. Sidecars […] The post Sidecar formation continued to increase in 2025 with total reserves exceeding $90bn: AM Best appeared first on ReinsuranceNe.ws.