Tennessee Company Refuses Government Request to Recall 67 Million Air Bag Inflators, Says Data Doesn’t Prove the Need June 5, 2023 A Tennessee company could be heading for a legal battle with U.S. auto safety regulators after refusing a request that...
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...
Alabama DOI Needs Insurers to Light Up the Budding Medical Marijuana Business in the State June 5, 2023 Alabama lawmakers legalized medical marijuana two years ago. But that came with a high hurdle: Dispensaries, growers, processors and other...
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...
Challenges, Opportunities for Brokers in the Music Events Space May 22, 2023 By Allen Laman As musicians prepare for a star-studded summer of live events, the demand for performances is huge. At the same time,...
FEMA Releases New Flood Insurance Rates by ZIP Code. Brace for Impact. May 22, 2023 By William Rabb When the Federal Emergency Management Agency unveiled its new Risk Rating 2.0 methodology for calculating flood insurance, advocates and critics...