Removing Barriers to CAT Risk Modeling Will Slow Insurer Flight From High-Risk Areas September 18, 2023 By Karen Sullivan Technology has been embraced in a variety of ways within the homeowners’ insurance market. Many aspects of the claims process...
Maui Wildfires Portend Unprecedented Shift in What It Means To Mitigate Risk September 18, 2023 By Erin Ashley The Maui wildfires portend a grand and incalculable reality for every single one of us living on this spinning blue...
Montana Brokerage Owner Admits to Defrauding Customers September 18, 2023 Kileen Moria Hagadone, 57, owner of Rosebud County Insurance Inc., pleaded guilty to wire fraud and to aggravated identity theft....
Two Rival Robotaxi Services OK’d to Operate Throughout San Francisco September 4, 2023 By Michael Liedtke California regulators approved an expansion that will allow two rival robotaxi services to operate throughout San Francisco at all hours,...
Skyrocketing Bodily Injury Claims Spill Over to Professional Liability Insurance Market September 4, 2023 By Amanda Castro Claims frequency and severity are up across the industry, thanks in large part to social inflation, which has led to...
Norfolk Southern Falls Short of Safety Standards, Say Federal Regulators September 4, 2023 By Josh Funk Norfolk Southern made improvements after one of its trains derailed, caught fire and spilled toxic chemicals near an Ohio town,...
Three Georgia Court Decisions Have Some Workers’ Comp Defense Lawyers Worried September 4, 2023 After three major Georgia appeals court decisions have gone against employers in the last five years, some insurance defense attorneys...
Strategies and Key Steps to Get Through Today’s Hard Market September 4, 2023 By Karen Collins The U.S. property/casualty insurance market is experiencing the hardest insurance market cycle in a generation, resulting in many insurance agents...
More Signs of Life in Florida: New Insurers, More Citizens Takeouts September 4, 2023 Florida’s property insurance market is showing more signs of life, with another company requesting a large takeout order from Citizens...
Diverging Cyber Cat Model Results Challenge Underwriters’ Risk Analysis: Guy Carpenter September 4, 2023 By L.S. Howard Significant progress has been made in advancing vendors’ cyber catastrophe models, but a notable degree of variability exists across model...