All Posts
By Ezra Amacher Insurers’ losses from Hurricane Beryl will be “low and readily absorbed” and the storm is not expected to change pricing conditions in the property/casualty and reinsurance sectors, Moody’s Ratings said. Beryl...
Posted: Aug 04, 2024
Had John’s Disposal Service Inc. and John’s Recycling Inc. in Franksville, Wisconsin followed federal safety standards, a temporary maintenance worker might not have suffered severe injuries when their jacket sleeve was pulled into an eng...
Posted: Aug 04, 2024
By Andrew Simpson The Ohio city of East Cleveland must pay a $30 million jury verdict awarded to a man who police wrongly assaulted, arrested and detained, the state’s highest court has ordered. The victim, Arnold Black, went to court …
Posted: Aug 04, 2024
By William Rabb Reinsurance in Florida’s long-stressed property insurance market was supposed to have stabilized this year – with only moderate rate increases and more availability. But those calmer waters apparently have not reached the...
Posted: Aug 04, 2024
As of July 1, home sellers in North Carolina must now disclose previous flood damage to properties. And come Oct. 1, Floridians must make similar disclosures, potentially boosting the demand for flood insurance. The North Carolina Real Estate Commiss...
Posted: Aug 04, 2024
A new Vermont-based captive insurer is promising to provide insurance for New York affordable rental housing buildings at a time when advocates say coverage is difficult to afford or obtain. The Milford Street Association Captive Insurance Co. will b...
Posted: Aug 04, 2024
By Allen Laman Beset with massive rate increases, dramatic rejections of coverage, and severely dwindling market capacity, the current youth sports liability market is historically challenging, according to insurance professionals with expertise in t...
Posted: Aug 04, 2024
There’s something very human about attempting to master nature itself. We live in an uncertain time, however — one in which unpredictable weather patterns make it increasingly difficult to protect our property and communities from severe...
Posted: Aug 04, 2024
Do owners really know which departments or lines of business are making money in their agency? What are small commercial accounts costing the agency? How can the agency make personal lines more profitable? When is it time to hire a …
Posted: Aug 04, 2024
By Patrick Wraight The condominium building is an interesting form of owning property where an individual owns their unit, what is sometimes referred to as a box of air, and at the same time, becomes a part of the condominium …
Posted: Aug 04, 2024
I’m seeing more cases of carriers rescinding policies for application errors, fraud or outright lies (call it what you will) than I’ve ever seen, and these are situations when there is an errors and omission (E&O) claim against the ag...
Posted: Aug 04, 2024
Whether they own their own agency or not, an insurance producer is essentially an independent businessperson. Why? Because a producer’s income, as someone whose primary income is based on commissions, is largely up to the producer. This may be...
Posted: Aug 04, 2024
By Jahna Jacobson The future is diverse and community is key. That’s the message from Ngozi Nnaji, founder and managing partner of Ako Insurance Consultants. She started the agency in response to the growing need for the insurance industry to &...
Posted: Aug 04, 2024
In today’s fast-paced insurance market where time is more precious than ever, the ability to streamline operations and offload routine tasks is invaluable. Communication and relationships remain at the heart of what makes independent agents suc...
Posted: Aug 04, 2024
While the adoption of automated vehicles are playing a significant role in improving industry safety, the journey toward autonomous trucking has begun to unfold in earnest.
Posted: Aug 04, 2024
HSB's carrier partners can offer EPL Plus as an endorsement or coverage part to an underlying business owners or commercial package policy.
Posted: Aug 04, 2024
It is important to have a full catalog of commercial surety bonds at your disposal, offering clients the complete protection they need to operate in compliance with local, state and federal bond requirements.
Posted: Aug 04, 2024
Experts share essential insights into the Medicare Part D landscape.
Posted: Aug 04, 2024
The future of the insurance industry is dependent on how it responds to climate change.
Posted: Aug 04, 2024
With the support of its insurance parners, Arctic Wolf opens free Cyber JumpStart program directly to businesses to manage cyber risk and advance insurability and business resilience.
Posted: Aug 04, 2024
Experts share essential insights into the Medicare Part D landscape.
Posted: Aug 04, 2024
The sales-enablement platform plans to re-brand Ninja and add it to its growing suite of offerings under the Switchboard umbrella.
Posted: Aug 04, 2024
Grayson is responsible for developing and executing a technology transformation strategy and driving innovation and growth to support Ascot’s UK and Bermuda platforms.
Posted: Aug 04, 2024
The toll of damage from recent flooding in Vermont exceeds $6 million, and the state is asking the federal government for help, officials said. Vermont residents dealt with heavy flooding that damaged homes and infrastructure earlier this week and ca...
Posted: Aug 04, 2024
Berkshire Hathaway, the Warren Buffett-run holding company and conglomerate, has achieved an 82% year-on-year rise in net underwriting earnings across its insurance and reinsurance businesses for the second quarter of 2024, as the firm’s pro...
Posted: Aug 04, 2024
Insurance Information Institute
For immediate release Florida Press Office: Mark Friedlander, 904-806-7813, [email protected] ST. JOHNS, Fla., Aug. 3, 2024 — Residents of Florida and the Southeast should be alert for the potential impacts of Tropical Cyclone 4, which is forecast to bec...
Posted: Aug 02, 2024
The parties involved in Lahaina wildfire lawsuits against the state of Hawaii, Maui County and utilities are close to a global settlement of claims that will be worth a little over $4 billion, Gov. Josh Green told The Associated Press. …
Posted: Aug 02, 2024
Posted: Aug 02, 2024
New Report Outlines How Tech is Used to Target Transportation, Logistics Sectors In 2022, a covert pr...
Posted: Aug 02, 2024
Reforms Coming to Hawaii Workers Comp System Following a rare win for injured...
Posted: Aug 02, 2024
IRC: Michigan No-Fault Reforms Led to More Affordable Personal Auto Insurance Since Mic...
Posted: Aug 02, 2024
Rising health care costs challenge employers to adopt innovative strategies for managing expenses and supporting employee well-being, according to a Gallagher report. The post
Posted: Aug 02, 2024
Global insurer AIG expects its 2025 calendar year combined ratio to come in the same or lower than the one reported in 2023, mainly as the result of actions taken as part of its AIG Next reorganization and expense reduction program. This news foll...
Posted: Aug 02, 2024
Posted: Aug 02, 2024
VibraLife of Katy, LLC, a rehabilitation and assisted living facility in Katy, Texas, violated federal law when it denied an employee an accommodation for her sleep disorder and then fired her, the U.S. Equal Employment Opportunity Commission (EEOC)...
Posted: Aug 02, 2024
Exxon Mobil Corp. and QatarEnergy delayed the start of a $10 billion natural gas export project in Texas to the end of next year after lead contractor Zachry Holdings Inc. declared bankruptcy. The companies agreed other contractors could finish work...
Posted: Aug 02, 2024
Global property and casualty (P&C) insurer Chubb has appointed Leander Metzger as Regional Executive Officer, Eastern Region, for Continental Europe, Middle East & North Africa (EMEA), effective January 1st, 2025. Metzger will be based in...
Posted: Aug 02, 2024
Boar’s Head Provisions was hit with a proposed consumer class action lawsuit in New York federal court on Thursday, a day after it expanded its recall to more than seven million pounds of deli meats and other products over concerns …
Posted: Aug 02, 2024
Fairfax Financial Holdings Limited has announced its financial results for the second quarter of 2024, reporting net earnings attributable to shareholders of $915.4 million, which compares to the $734.4 million seen in the second quarter of 2023....
Posted: Aug 02, 2024
Insurance Business Magazine - US
Posted: Aug 02, 2024