New SEC Disclosure Rules May Drive Up D&O Claims November 21, 2022 By Jim Sams New rules proposed by the U.S. Securities and Exchange Commission on cybersecurity and climate impact disclosures may generate more lawsuits...
Insurers Say ‘Bazooka’ of Bogus Boys Scouts Claims Is Abuse of Bankruptcy System November 21, 2022 By Chad Hemenway A group of insurers — including subsidiaries of AIG, Liberty Mutual, Allianz, Sompo International, and Travelers — are challenging an...
A SWOT of the Independent Agency Industry November 21, 2022 By Tony Caldwell As you read this you are probably finishing up planning for 2023 (or thinking, “Yikes, I need to get started!”)....
FEMA Projects $3.5-$5.3B NFIP Losses for Hurricane Ian November 21, 2022 The Federal Emergency Management Agency has projected an initial estimate of Hurricane Ian losses for the National Flood Insurance Program,...
What to Know About Electric Vehicle Safety November 21, 2022 By Victor Sordillo Electric vehicles (EVs) were once a rare sight. Now, we regularly pass them on highways and park next to them...
Better Isn’t Always Better November 21, 2022 By Bill Wilson A number of years ago, I worked with an agency that specialized in insuring residential condominiums. Their personal lines department...
Many Cyber Criminals Return After Ransomware Payments Are Made November 21, 2022 Over a third (36%) of companies who paid a ransom to cyber criminals went on to be targeted for a...
D&O Pricing Falls 14.7% in Q3, Breaking 17 Quarters of Pricing Increases: Aon November 21, 2022 By Jahna Jacobson Directors and officers liability pricing fell 14.7% in the third quarter, according to a recent survey. Aon’s Financial Services Group’s...
Insider’s Report on Personal Lines Market: What’s Changed, What to Expect & How to Prepare November 21, 2022 By Rhonda K. Wade The personal lines sector took a beating in 2022 due to significant deterioration in personal auto, as well as rising...
South Carolina Court: Driver Can Stack Uninsured Motorist Coverage November 21, 2022 By Jim Sams A woman who was injured in a crash while driving a rental car provided by an auto insurer may collect...