Oregon Lawsuits Seek $1B from Pacific Power over Wildfires March 22, 2021 Two new lawsuits filed in Marion County, Ore., seek more than $1 billion in damages from Pacific Power, claiming the...
California Comp Virus Claim Volume Plummeted in February March 22, 2021 The wave of COVID-19 claims that hit the California workers’ compensation system at the end of 2020 has subsided for...
Insurance Agents on the Front Line of Florida’s Mounting Property Market Problems March 22, 2021 By Amy O'Connor While carriers face growing financial losses in Florida’s distressed property insurance market, insurance agents are on the front lines trying...
Workers’ Comp Rates to Drop Again in Louisiana March 22, 2021 Workers’ compensation insurance rates will continue to decrease in Louisiana with a new rate reduction beginning in May, the insurance...
Rejecting ‘Absurd’ Argument, 5th Circuit Says Insurer Must Pay for Harvey Damage March 22, 2021 By Jim Sams While Hurricane Harvey dumped 60 inches of rain on the Houston area in August 2017, the authority that operates the...
Winter Storm to Break Insurance Records; Other February Storms March 22, 2021 February saw a spate of winter storms in the United States, including the period from Feb. 12-20, which will become...
Transactional Risk Insurance Hits Record High Despite Pandemic: Marsh Report March 22, 2021 After a dramatic downturn in the second quarter of 2020 due to the coronavirus pandemic, merger and acquisition (M&A) deal...
The Inflation Specter Looms for Property/Casualty Insurers March 22, 2021 By Bill Burns Inflation, defined as the rate at which prices for goods and services are increasing, tends to occur when prices rise...
Risk on Tap for Craft Brewers in a Pandemic World March 22, 2021 By Paul Martinez Over the past decade, the craft brewing industry has been thriving. From big cities to small towns, niche breweries are...
People & Places March 22, 2021 National Global insurance broker Hub International reported that Michael Chapman has been named national director of Commercial Markets. Chapman will...