Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary? May 22, 2023 By L.S. Howard The rollout of the Lloyd’s Market Association’s (LMA) cyber war exclusions received considerable criticism for the chaos and confusion they...
Chubb: No Duty to Defend Texas Subway Franchise in Killing Case May 22, 2023 By Ezra Amacher ACE American Insurance Company (Chubb) says it has no duty to defend a Texas Subway franchise sued by the family...
Using Data to Create Sustainable DEI Change: How to build a strategy that won’t fall victim to burnout. May 22, 2023 By Dianne Greene As someone who has worked in and has been a champion for diversity, equity and inclusion (DEI) for much of...
Rising Premiums Tighten Auto Insurance Market as Customers Shop Deals: J.D. Power Study May 22, 2023 Saving money is the primary focus of consumers searching for auto insurance, according to the J.D. Power 2023 U.S. Insurance...
Small Commercial, Big Rewards: Benefits of Diversifying an Independent Agency’s Book of Business May 22, 2023 By Steve Tombarelli Weathering a hard insurance market isn’t for the faint of heart. As premiums increase and personal line capacity decreases, independent...
D&O Prices Plummeting: Record-Level Q1 Drop for Decade May 22, 2023 By Susanne Sclafane The year-over-year decline in directors and officers (D&O) insurance prices for the first quarter of 2023 is greater than any...
Optimizing Agency Relationships: A Data-Driven Approach to Premium Growth May 22, 2023 By Amborish Baruah, Deepti Kalra and Rahul Nawab The reported demise of the independent insurance agency as a sales and distribution channel has been greatly exaggerated. Over the...
How To Correctly Design Insurance Coverage AND Make More Sales May 22, 2023 By Chris Burand Years ago, Chris Boggs authored a phenomenal white paper titled “How to Read an Insurance Policy.” Everyone selling insurance, adjusting...
MGAs, Delegated Underwriting Authority Enterprises Sparked Double-Digit Growth in 2022 U.S. Premiums: AM Best May 22, 2023 Direct premium written through the delegated underwriting authority enterprises (DUAE) market in the United States continued its significant growth rate...
Economic and Cyber Risks Lead Global D&O Concerns: Survey May 22, 2023 By Denise Johnson At the top of increasing concerns for directors and officers around the globe are economic, geopolitical and cyber risks, according...