Report: Over 250,000 US Properties Have Repeated NFIP Claims October 7, 2024 By Ezra Amacher More than a quarter million U.S. properties have repeated claims for federal flood insurance, costing the National Flood Insurance Program...
Employee-Owned CoVerica Goes the Extra Mile October 7, 2024 By Ezra Amacher Earlier this year CoVerica Insurance rolled out an employee-owned stock program, giving the agency’s staff an opportunity to become part-owners...
Columbia Insurance to Transfer Personal Auto, Umbrella Books to Safeco September 26, 2024 By Ezra Amacher and Chad Hemenway Safeco Insurance, a Boston-based Liberty Mutual Insurance company, said it has entered into a book transfer agreement with Columbia Insurance...
Mutually Beneficial: How One Midwest Mutual Insurer Recovered From Financial Storms September 24, 2024 By Ezra Amacher When Iowa mutual GuideOne Insurance began assessing ways to add an infusion of capital to strengthen its balance sheet, the...
Mutual Insurers Chase Rate Adequacy, Financial Strength Remains Strong: AM Best September 20, 2024 By Ezra Amacher The U.S. property/casualty mutual segment has leaned on investment income to maintain strong overall financial performance and grow surplus in...
Report: Over 250,000 US Properties Have Repeated NFIP Claims September 19, 2024 By Ezra Amacher More than a quarter million U.S. properties have repeated claims for federal flood insurance, costing the National Flood Insurance Program...
Contractor Agrees to Iowa Consent Order Regarding Unlicensed Public Adjusting September 6, 2024 By Ezra Amacher The Iowa Insurance Division entered into a consent order with a Midwest roofing contractor on Sept. 5 following a June...
Atlantic Hurricane Season Could Intensify in Coming Weeks, Meteorologists Say August 28, 2024 By Ezra Amacher AccuWeather meteorologists are warning that the Atlantic hurricane season could intensify in the coming weeks as less wind shear and...
Missouri Football Field to Feature Shelter Insurance Logo in New Form of Advertisement August 28, 2024 By Ezra Amacher When the nationally ranked University of Missouri Tigers football team takes the field Thursday for its season opener against Murray...
Insurers’ Losses from Hurricane Beryl Will be ‘Readily’ Absorbed August 5, 2024 By Ezra Amacher Insurers’ losses from Hurricane Beryl will be “low and readily absorbed” and the storm is not expected to change pricing...