Karen Clark Report Shows Just What Failed in Ian, Making it Florida’s Costliest Storm June 5, 2023 By William Rabb A granular look at the most expensive hurricane in Florida’s history, written by the catastrophe modeling firm Karen Clark &...
Florida Courts Flooded with Claims Suits Ahead of Tort Reform Law June 5, 2023 Just as the plaintiffs’ law firm of Morgan & Morgan warned, the number of Florida lawsuits filed across the state...
Auto Claim Severity Up 35% Over Pre-Pandemic Rates: LexisNexis Report June 5, 2023 By Jim Sams Claim severity for bodily injury and property damage increased by 35% since 2019, while collision claim severity has jumped 40%,...
Business Moves June 5, 2023 Midwest G&G Independent Insurance, Robbins Insurance Group G&G Independent Insurance has acquired Branson, Missouri-based Robbins Insurance Group. G&G has been...
On Point: bolt CEO Dwane on How Democratizing Distribution Benefits Insureds and Agents June 5, 2023 By Jahna Jacobson Technology has made it easier for consumers to explore and purchase insurance on their own. While some fear this ease...
How Will Economic Pressures Affect the Property/Casualty Industry? June 5, 2023 By Allen Laman How could the current economic environment affect workers’ compensation — and the property and casualty insurance industry overall – in...
Nobody ‘Falls Into’ Insurance Anymore June 5, 2023 By Zane Smith When it comes to attracting and retaining members of Generation Z, there’s one thing I wish insurers knew: They’re selling...
Declarations June 5, 2023 Cyber Risks “Threat actors are forever looking for targets with weak security controls or unprotected infrastructures — these are the...
AM Best: Only Two Impaired Insurers in ’22, Down From 10 in ’21 June 5, 2023 Despite the reversal seen in the U.S. equity market and rising inflation and interest rates, property/casualty insurers performed well in...
Washington Commissioner Fines Airbnb for Acting as Unauthorized Insurer June 5, 2023 Washington Insurance Commissioner Mike Kreidler fined Airbnb $20,000 for acting as an unauthorized insurer in the state. Kreidler also ordered...