Year: 2025

“So either property insurers subrogating against companies that maybe are alleged to have contributed to the wildfires,” she said, “or direct actions by plaintiffs, who maybe don’t have enough property insurance, or aren’t being fully compensated in the property market, so they’re searching for deep pockets.”

Accounting  Business  Communication   Data analytics  Economics  Finance  Law  Marketing  Psychology  Statistics  These degrees are recommended because they teach relevant skills and knowledge that can make you successful as an insurance consultant. For instance, a degree in communication can help you understand complex terms better and how to interpret them to clients when you give your recommendations. Law, finance, accounting, and data analytics are all important aspects of insurance policies.  

With more than US$22 billion GWP

Impact of California wildfires Zurich reported that the Farmers Exchanges faced an estimated pre-tax loss of US$600 million from the 2025 California wildfires, with an additional US$250 million in reinstatement premiums. Zurich’s own exposure, including Farmers Re, is estimated at US$200 million. Despite these losses, the company’s strong capital base ensures its ability to manage such events.

“Anti-fraud capabilities need to advance as fast, or faster than, fraudsters innovate their tactics. AI-powered solutions are critical in defending against fraud, particularly AI-generated fraud such as deepfakes,” said Rick Trainor, chief executive of business services at LexisNexis Risk Solutions.

This premier in-person event is designed for professionals eager to build new connections, gain fresh insights, and explore the most pressing challenges facing women in the insurance industry. With an agenda packed with insightful speakers from leading companies, engaging talks, and impactful networking opportunities, the summit is a call to action for advancing gender equality.

How can organizations protect themselves?

In the first Environmental Insurance Power Panel of 2025, NFP’s Jared Dubrowsky and the Society of Environmental Insurance Professionals’ Angela Oroian look at the market for 2025, including how competitive it will be and where limits are contracting. In addition, they examine carrier risk appetites and offer their predictions for the year ahead.

“Given the widespread hiring pauses we saw in December, we were anticipating an uptick in January – particularly because the comparative data was from such a low base,” said Toby Fowlston, CEO of global talent solutions business Robert Walters, in a statement. 

A BC Court of Appeal tribunal has overturned a lower court ruling that said the province was immune from a negligence claim for injuries on an alleged unsafe forest service road. Leonard Chisholm sued Valemount Forest Products Ltd. and the Ministry of Forests, Land and Natural Resources Operations after his motorcycle hit a log and crashed June 16, 2010 on the West Canoe Forest Service Road near Valemount. Chisholm claimed the province was liable for failing to maintain the road in a safe condition. The province responded that road use […]