Among the many changes wrought by the pandemic are those transforming the small business workforce. People have lost their jobs or businesses, with many starting new ventures, working from home or adopting new technologies that keep them in the workforce. …
National Steven Levy, the longtime president and CEO of Munich Re US, plans to retire on April 1. Munich Re executive Marcus Winter will replace him, the company disclosed. Levy has worked for Munich Re US for 23 years, holding …
The U.S. property/casualty insurance (P/C) industry could experience dejà vu in 2021 in terms of financial results. Many factors that insurers encountered in 2020 likely will continue to impact the financial performance of the U.S. property/casualty (P/C) industry in 2021, …
More than half of all workplace discrimination complaints filed with the U.S. involve retaliation, according to figures from the Equal Employment Opportunity Commission (EEOC). Retaliation was the most frequently cited claim in charges filed with the agency — accounting for …
Couriers Market Detail: Risk Strategies’ (www.risk-strategies.com) Transportation Group offers complete packages for courier, logistics, and all types of express delivery firms. Coverages include specialized industry-specific enhancements and can be further tailored to the needs of each insured, include: Umbrella – …
Homebuyers in nearly half of the states including hurricane-prone Florida can be left in the dark about the flood risks to their new house. The Natural Resources Defense Council (NRDC) has released an updated scorecard that shows which states have …
This column began in 2019 when I wrote a year-long series of articles based on my book “When Words Collide: Resolving Insurance Coverage and Claims Disputes.” In the April 2019 issue, I wrote about seven factors that enable insurance professionals …
Over the past year, the COVID-19 pandemic had us spending more time inside our homes than normal. Staring at the same four walls served as an impetus for many homeowners to take it upon themselves to make upgrades. Additionally, discretionary …
If the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured through the National Flood Insurance Program (NFIP), the NFIP rates would need to increase 4.5 times to cover the risk …
Wildfire Help “People who’ve been affected by a disaster are dealing with trauma. They’re trying to pull the documents together, and just hearing ‘no’ from one entity or another can shut things down. They don’t know how to navigate the …
