Livestock Operations Grow as Demand Rises; Nationwide’s Cumings Sees Direct-to-Consumer Models Adding Additional Liability Risk February 20, 2023 By Allen Laman Specialization is critical in the cattle business and increased consumer demand for protein is driving new trends, including niche farms...
Rising Costs of Secondary Perils Force Reinsurers to Require Higher Attachment Points February 20, 2023 By L.S. Howard Economic and insured losses from secondary perils from natural catastrophes are accelerating and surpassing the loss totals from primary perils,...
‘A Tale of Two Halves’ for Insurance Mergers, Acquisitions in 2022 February 20, 2023 Last year was a tale of two halves for insurance mergers and acquisitions. OPTIS Partners reports 987 agency mergers and...
Insurance Advertising and Regulators February 20, 2023 By Bill Wilson Anyone who has read this column for the past four years, or earlier articles of mine, knows that I am...
Business Moves February 20, 2023 National Curi, Constellation Curi Holdings Inc. and Constellation Inc., two national providers of medical professional liability insurance, signed an agreement...
When Mother Nature Strikes; Working Together to Mitigate Natural Catastrophe Risk: AM Best Webinar February 20, 2023 By Jahna Jacobson Climate change is contributing to increasingly intense natural catastrophes that leave larger and larger losses in their wake. What steps...
Declarations February 20, 2023 Nevada Gigafactory “We will be investing over $3.6 billion more to continue growing Gigafactory Nevada, adding 3,000 new team members...
Agency Salary Survey: Employee Pay Spikes As Agency Talent Pool Shrinks February 20, 2023 By Andrea Wells On the heels of the lowest U.S. unemployment rate in 53 years, insurance agency employees across the nation reported the...
Root Sues Former CMO Over at Least $9.4M in Unauthorized Payments February 20, 2023 By Chad Hemenway Root Inc., the parent company of Root Insurance, has followed up its investigation into almost $10 million of unauthorized payments...
Allstate’s Plan to Return to Profit in Auto February 20, 2023 By Chad Hemenway Following a year of turbulence in its auto insurance business, Allstate Corp. outlined what CEO Tom Wilson called the company’s...