Insurers Engageas Climate Perils Drive Up Costs
2023 was another year with high-risk climate and weather-related challenges, with 2024 positioned to pose its own challenges. Indeed, 2023 was the warmest year for the globe since 1850 — when these records were first made. The temperature in 2023 was over two degrees Celsius above the 20th Century average, with the 10 warmest years in recorded history occurring from 2014-2023. Record-setting temperatures hit areas across Canada, the southern United States, Central America, South America, Africa, Europe, Asia, as well as parts of the Atlantic Ocean, the Indian Ocean, and South Pacific Ocean. These shifts in global weather – combined…
Cyber insurance market continues rapid growth as risk management strategies improve
As the number of cyber security breaches soars, direct written premiums (DPW) for cyber insurance worldwide could rise to $23 billion by 2025, with U.S. businesses paying about 56 percent of the total, according to Triple-I’s latest Issues Brief. Cyber Insurance: State of the Risk, published last week, says the most recent data shows standalone policies have emerged as the preference for larger insureds, accounting for more than 70 percent of DPW – an increase of 61.5 percent from the prior year. These growth trends may signify that businesses recognize the growing threat of cyber risk requires mitigation beyond the…
There’s Never a Dull Moment Working in the Insurance Industry
The insurance industry employs about 2.9 million people in the United States — more, if you include people in insurance functions who work at non-insurance companies. But the industry is confronted by major changes as the U.S. population enters a new demographic stage — “Peak 65” — that it will have to navigate. About 4.1 million Americans will reach 65 years old this year, according to an analysis by Jason Fichtner, executive director of the Retirement Income Institute and chief economist at the Bipartisan Policy Center. That is about 11,200 a day, compared with the 10,000 daily average from the previous…
Who’s Financing Legal System Abuse? Louisianans Need to Know
Legal system abuse in Louisiana costs every one of its citizens more than $1,100 annually, according to the American Tort Reform Association (ATRA). The state’s litigation environment was also cited by the Insurance Research Council (IRC)when reporting how Louisiana is the least affordable U.S. state for both auto and homeowners insurance. And then there’s shadowed Third-Party Litigation Financing (TPLF) continuing to sneak its way into this costly conundrum, with virtually no one understanding who’s behind it and what ulterior motives they may have. Louisiana’s state lawmakers passed a measure (Senate Bill 196) last year aimed at reducing legal system abuse…
FEMA Reauthorization Session Highlights Importance of Risk Transfer and Reduction
If there was a recurring theme in last week’s Senate Banking Committee hearing on reauthorization of FEMA’s National Flood Insurance Program (NFIP), it was the need for: Congress to reauthorize NFIP, and Communities, businesses, and government at all levels to invest in mitigating flood risk and in improving resilience. It’s important to amplify this message, especially in light of a recent proposal by Rep. Adam Schiff that would, among other things, disband NFIP and require property/casualty insurers to provide “all-risk policies” based on coverage thresholds and rating factors dictated by a board in which the insurance industry is only nominally…
Jobs in Canada for Foreigners With Visa Sponsorship
Canada has long been recognized as a land of opportunity, attracting individuals from around the globe seeking a better quality of life and promising career prospects. With its diverse economy, high standard of living, and welcoming attitude towards immigrants, Canada offers a unique environment for foreigners looking to build their futures. For many, the journey begins with securing employment, particularly through jobs that offer visa sponsorship, which allows foreign workers to live and work legally in Canada. In recent years, Canada’s labor market has seen a significant demand for skilled workers in various sectors, including technology, healthcare, engineering, and hospitality….
Factory/Production Worker Jobs in UK with Visa Sponsorship | No Experience or Age Limit – APPLY NOW
In today’s competitive job market, finding employment opportunities that provide visa sponsorship can be a game-changer for individuals looking to work abroad. This article explores production worker jobs in the United Kingdom (UK) that offer visa sponsorship. We will delve into the requirements, benefits, and steps to secure such positions, providing valuable insights for job seekers aiming to embark on an exciting career in the UK. Jobs Details:Title: Production Worker Jobs in UK with Visa SponsorshipCompany: Not Specified (UK Government and Private Sector)Location: UK London, Across United KingdomVacancies Offer: 100+Industry: UK Government JobsSalary: £1500-£6500 @ MonthCountry: United Kingdom Education:Secondary //…
Social Worker Jobs In The UK For Foreign Workers
The social work profession plays a crucial role in supporting vulnerable individuals and communities in the United Kingdom. Social workers help to address a wide range of social issues, such as poverty, mental health, domestic abuse, and child protection. Due to the high demand for social workers in the UK, foreign workers have many opportunities to pursue a career in this field. This blog post aims to provide an overview of social work jobs in the UK for foreign workers. We will discuss the qualifications required to work as a social worker in the UK, the application process, and the…
Top Jobs for Foreigners in Netherland
The Netherlands is a popular destination for foreigners seeking employment opportunities due to its strong economy and high quality of life. However, navigating the job market can be challenging, particularly for those unfamiliar with the country’s job market and culture. In this article, we will provide an overview of the top jobs for foreigners in the Netherlands, including the skills and qualifications required for each position. By reading this article, job seekers can gain valuable insights into the job market in the Netherlands and increase their chances of finding employment in their desired field. Jobs in Demand for Foreigners in…
Hospitality Jobs in the UK With Visa Sponsorship
Share This & Enjoy Fast Connection: If you are looking for a visa sponsorship job in the hospitality industry, you’re in luck! Visa sponsorships are becoming increasingly popular in the UK, and there are several reasons why. First of all, visas provide international workers who come to the UK with the security of knowing that they have a job waiting for them when they arrive. They also allow employers to tap into a pool of talented and hard-working people from all over the world. Hospitality Jobs in the UK Hospitality professions entail providing guests with a pleasant and friendly environment….