Real Estate Strategy: How to Win in Today’s Challenging Market August 1, 2022 By Andrea Wells The real estate insurance market is in a state of transition. Increased frequency and severity of natural catastrophe losses have...
Despite Growing Pressures, Most Cyber Insurers Won’t Exit: Survey August 1, 2022 By Elizabeth Blosfield The cyber insurance sector has been tested recently with growing ransomware attacks, rising premiums, and more sophisticated threat actors, but...
Travelers Wants Out of Contract With Insured That Allegedly Misrepresented MFA Use August 1, 2022 By Chad Hemenway In what may be one of the first court filings of its kind, insurer Travelers is asking a district court...
Kids More Likely to Be Hospitalized From Off-Road Motorcycles Than Quad-Bikes: Study August 1, 2022 Motorcycles cause a far higher rate of injuries among children than quad bikes do, a study from UNSW Sydney and...
The Evolution of Insurance Agencies August 1, 2022 By Catherine Oak and Bill Schoeffler To paraphrase Mark Twain — reports of the demise of insurance agencies have been greatly exaggerated. The local agency has...
Louisiana Guaranty Fund to Borrow $600 Million to Pay Claims August 1, 2022 A state-chartered bailout fund is seeking to borrow $600 million after seven Louisiana insurers went bust following 2021’s Hurricane Ida....
Information Job Applicants Are Reluctant to Share During an Interview August 1, 2022 By Mary Newgard You are competing with another agency for the same candidate. What makes the difference between you winning or losing out...
Louisiana Judge: State Can’t Order Insurers to Pay Ida Evacuation Expenses August 1, 2022 A Louisiana judge has ruled that the state’s insurance commissioner’s directive ordering insurers to pay policyholders’ Hurricane Ida evacuation expenses...
In Global Claims Report, Allianz Notes Rising Business Interruption Costs August 1, 2022 The number of contingent business interruption claims more than tripled in 2021 as a deep freeze in Texas shut down...
FEMA Report: Flood Insurance Hikes Will Drive 1 Million From Market August 1, 2022 By Michael Phillis When questioned by members of Congress, the Federal Emergency Management Agency said its new update to the nation’s flood insurance...