Preparing to Sell the Agency June 6, 2022 By Catherine Oak There has been a frenzy of agency acquisitions for many years now, with private equity firms and publicly traded brokers...
UCLA to Pay Nearly $700M in Doctor Abuse Lawsuits June 6, 2022 By Brian Melley The University of California system announced it will pay nearly $375 million to more than 300 women who said they...
J.D. Power: Auto Insurance Customer Satisfaction Has Eroded June 6, 2022 J.D. Power found in a recent survey that auto insurance customer satisfaction with price has plummeted, driving a surge in...
Cyber Insurance Premiums Up 27.5% to Lead All Lines in Q1: CIAB June 6, 2022 By Chad Hemenway According to The Council of Insurance Agents & Brokers’ (CIAB) Commercial Property/Casualty Market Index, capacity for cyber insurance may be...
Home, Commercial Rate Hikes Not Enough to Offset Construction Costs June 6, 2022 To counteract rising construction material costs that have increased about 26.7% the first four months of 2022, personal and commercial...
Munich Re Issues Green Bond in U.S. Market — a First for European Insurer June 6, 2022 Following its successful placement of green bonds in 2020 and 2021, Munich Re has sucessfully placed its first green subordinated...
U.S. Traffic Deaths Jump 10.5% in 2021 to Highest Number Since 2005 June 6, 2022 U.S. traffic deaths jumped 10.5% in 2021 to 42,915 — the highest number killed on American roads in a single...
Most Homeowners Underinsured for Trends in Inflation, Building Costs: APCIA May 16, 2022 A new American Property Casualty Insurance Association (APCIA) survey of over 1,000 U.S. homeowners who have a homeowners insurance policy,...
35% of Workplace Injuries Occur During First Year: Travelers May 16, 2022 A new study by Travelers of workers’ compensation claims found that 35% of injuries occur during employees’ first year on...
Piecing Together Coverage in Live Events May 16, 2022 By Amy O'Connor Tough Insurance Market Remains as COVID Restrictions Ease The upcoming summer months promise to bring a resurgence of festivals, concerts,...