Growth in U.S. liability claims could accelerate to 5-6 percent in the near future, according to a just-released report by Swiss Re sigma. The slowdown in U.S. liability claims paid after 2008, primarily due to economic drivers such as the recession and weak recovery, is expected to reverse. Why the change? Cyber risk and the...
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Have you ever wondered how far people will go to stretch the truth in order to save a few bucks? Research out of the United Kingdom by global insurer Zurich sheds light on this behavior. In a poll of 2,000 adults in the UK, one-in-five (20 percent) admit to lying to their insurance company, despite...
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