Riding the Waves: Economic Cycles in Insurance November 6, 2023 By Brad Nevins The insurance industry, like any other, experiences economic cycles that can significantly impact growth. These cycles are often a reflection...
Major Cyber Attack Could Cost Global Economy $3.5 Trillion: Lloyd’s November 6, 2023 A cyber attack on a major financial services payments system could result in widespread business disruptions, potentially costing the global...
Agency E&O Buyers Report Fewer Price Hikes But Overall Premiums Still Up November 6, 2023 By Andrea Wells Fewer agencies reported increases in premium on their agency errors and omissions renewal policies from 2022 to 2023, according to...
Insured Losses From Severe Convective Storms in US Top $50B for 1st Time: Aon Report November 6, 2023 By L.S. Howard Insured losses from severe convective storms in the United States continued to increase during the third quarter, surpassing the $50...
Is It Auto or CGL … or Both or Neither? October 16, 2023 By Bill Wilson For many people, the outdoor grilling season is about over. Notice that I said “grilling” season and not “BBQing” season....
Leveraging Memberships to Boost Business, Improve Community October 16, 2023 By Tony Caldwell As a young professional I was very interested in becoming active in my community. Of course, I knew that this...
From Disorderly to Orderly Reinsurance Renewals — What a Difference a Year Makes October 16, 2023 By L.S. Howard One of the themes at this year’s reinsurance Rendez-Vous de Septembre (RVS) was that reinsurers have rediscovered client need, client...
AM Best Tweaks State Farm Outlook to Negative After Weather, Regulatory Issues October 16, 2023 The AM Best financial rating firm has downgraded its outlook for multiple State Farm insurance companies due to weather losses...
Insurance Broker in Menendez Corruption Case Allegedly Got Senator’s Help With Fraud Case October 16, 2023 By Andrew G. Simpson The defendants in the corruption case involving U.S. Senator Robert Menendez include a former New Jersey insurance broker who was...
New York to Require Flood Disclosures in Home Sales October 16, 2023 New York Gov. Kathy Hochul signed a bill requiring people selling their homes to disclose whether their properties have been...