A question that often arises in homeowners insurance is whether a structure is insured under Coverage A – Dwelling or under Coverage B – Other Structures. The answer can impact both the limit and valuation method that applies. With regard …
Talk about a growth market. Since Colorado and Washington became the first to pass state laws designed to legalize certain sale and consumption of recreational cannabis in their respective states in 2012, 15 other states have followed suit — including …
Robust global economic recovery, higher risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines will combine to push premiums 10% above pre-COVID-19-crisis levels this year, creating a faster bounce-back than from the global financial …
Insured losses from natural disasters hit a 10-year high of $42 billion in the first half of 2021, with the biggest loss related to extreme cold in the United States in February, insurance broker Aon said on July 21. Overall …
Do you remember the first time you rode a roller coaster? I do, and I was absolutely terrified when I felt it pick up steam and hurtle down toward the bottom of the first big dip. As the car began …
Wildfires and Solar Panels “Obviously, solar projects need to be exposed to the elements in order to produce power, and while some may be robust to a greater or lesser extent in the face of most forms of extreme weather, …
The COVID-19 pandemic has taught us tough lessons. We have learned the strengths and limitations of globalization, our public health systems, and our ability to respond during a crisis. In the U.S. workers’ compensation system, the pandemic has reinforced the …
National Seeto, Pattern Two insurtech managing general agencies plan to merge to tap into embedded insurance demand for travel and other e-commerce businesses. Seeto, which focuses on helping e-businesses build embedded coverage, will merge with Pattern, a startup designed to …
I’m finding it difficult to write an insurance piece about the recent collapse of the Champlain Towers Condominium. Before I dive into the insurance aspects, I have to recognize the human part of this tragedy. When those parts of the …
Wisconsin’s governor signed into law legislation creating new cybersecurity requirements for protecting data collected by the insurance industry. Gov. Tony Evers signed Act 73, which is based on model legislation developed by the NAIC incorporating input from all participating state …
