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...
4 Important Aspects of Agency E&O Coverage November 7, 2022 By Patrick Wraight Errors and omissions (E&O) coverage is one of those topics that people have a love/hate relationship with. For the most...
On the Road: Tough Trucking Market Brings Challenges, Opportunities for Specialists November 7, 2022 By Andrea Wells The demand for transportation services remains strong and experts believe that trend will continue throughout 2023. That’s good news for...
Court Dismisses 32 COVID-19 Business Insurance Cases Against Erie Insurance November 7, 2022 By Andrew G. Simpson A federal judge has dismissed 32 lawsuits over COVID-19 business interruption insurance claims against Erie Insurance, concluding the claimants failed...
NCCI: Almost One Quarter of COVID Claimants Suffer Prolonged Symptoms November 7, 2022 By Jim Sams Nearly a quarter of workers’ compensation claimants who were treated for COVID-19 experienced persistent symptoms or a relapse months later,...