This Week's Top Reads
Product recalls surge across key industries in 2024, with over 580 million units affected through September alone, Sedgwick's quarterly analysis reveals. The post
Posted: Nov 15, 2024
This column is written primarily for insurance professionals, though I hope that the information I include is helpful to practitioners when communicating with prospects and insureds. In this month’s column, I’d like to discuss a topic add...
Posted: Nov 17, 2024
Deductibles serve several purposes. They provide some premium relief for the insured. They make insureds less likely to file smaller claims because either damage falls within the deductible, or is so close to it that the policyholder would rather not...
Posted: Nov 17, 2024
Aon, a global professional services firm, has been certified by the Florida Commission on Hurricane Loss Projection Methodology (FCHLPM) to launch its new Florida Flood v3.0 model statewide to assess flood exposures in the state and inform re/insu...
Posted: Nov 15, 2024
Global insurer Generali’s natural catastrophe losses came in roughly 100 basis points above budget for the first nine months of 2024, and as the firm’s portfolio continues to expand a higher nat cat budget is expected for 2025, althoug...
Posted: Nov 15, 2024
Posted: Nov 15, 2024
Marichal served as Vice President of Operations Strategy and Call Center at OneAmerica Financial.
Posted: Nov 17, 2024
Houston-baed Skyward Specialty Insurance Group announced the launch of its new life sciences liability coverage. The strategic addition to the Company’s healthcare solutions underwriting unit offers comprehensive and adaptable protection specif...
Posted: Nov 15, 2024
An Iowa pizza restaurant has agreed to pay $99,000 in fines after a Department of Labor investigation found the business assigned teenage employees to dangerous duties. Investigators found Pizza Parlor and owner Michelle Drougas illegally employed 11...
Posted: Nov 15, 2024
While a $2.4 billion boost in loss reserves for the third-quarter will help Swiss Re’s executives sleep better on a bigger cushion, across the industry, worsening trends in U.S. liability loss costs aren’t letting up, they said yesterday....
Posted: Nov 15, 2024
U.S. Inflation Rose Slightly in October Inflation in the United States ticked up in October, driven by...
Posted: Nov 15, 2024
By Ezra Amacher The topic of nuclear verdicts took center stage at this year’s Target Markets Annual Summit in Scottsdale, Arizona, where a panel of carriers and reinsurers discussed rising settlement costs amidst an uncertain litigation enviro...
Posted: Nov 17, 2024