Rating Firm Says Florida Insurers Will Weather the Storms. Cat Fund Can Handle Payouts to Insurers November 18, 2024 Florida’s Hurricane Catastrophe Fund, a state-created layer of reinsurance, expects to pay out about $4.6 billion to help cover insurers’...
Declarations November 18, 2024 ‘Growth Opportunity’ “We view homeowners as a growth opportunity. … There’s just a few competitors out there that are wanting...
Insurer Not Liable if Bank Improperly Cashes Insurance Check, Appeals Court Says November 18, 2024 Insurance carriers are not responsible if a bank improperly cashes a check made out to two insureds and gives the...
My New Markets November 18, 2024 Cyber & Tech E&O Insurance Market Detail: SeedPod Cyber, a managing general agent, is a specialized provider of cyber insurance...
OSHA: Waterproofing Contractor’s Safety Failures Led to Worker’s Crushing Death November 18, 2024 A federal workplace safety investigation has found the operator of three Massachusetts waterproofing contracting companies could have prevented an employee...
The Data Behind Rising Homeowners Premiums: By Peril and By State November 18, 2024 The U.S. home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according...
4 Charged in $10 Million No-Fault Insurance Fraud Scheme November 18, 2024 Four men have been charged with defrauding New York auto insurers by allegedly submitting more than $10 million in fraudulent...
Washington Farm Labor Contractor Fined $140K for Withholding Info From Workers November 18, 2024 A Pasco farm labor contractor faces nearly $140,000 in fines for violations uncovered during a Washington State Department of Labor...
Delaware Workers’ Compensation Rates to Drop 8.4% and 9.2% November 18, 2024 Delaware Insurance Commissioner Trinidad Navarro announced that workers’ compensation insurance rates will decrease for the eighth year in a row,...
Washington Commissioner: Most Homes in 2023 Wildfire Were Underinsured November 18, 2024 An analysis of the claims paid out after the Gray and Oregon Road fires in Washington last year found that...