Memo to Brokers; Stick With Loyal Insurers/MGAs, Price Isn’t the Only Differentiator June 6, 2022 By L.S. Howard Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model...
Allyship: The Next Step Toward an Inclusive Industry June 6, 2022 By Debra Dunn Today’s insurance industry has evolved significantly from when I first joined USAA 24 years ago. The idea of conversations around...
Abandoned Louisiana Oil Wells to Receive Clean Up in Infrastructure Bill June 6, 2022 By Janet McConnaughey About $33 million of the $1 trillion bipartisan infrastructure plan recently signed into law by President Joe Biden will go...
Global Re/insurers See Average Premium Increases of 11% in Q1 June 6, 2022 Premium growth during the first quarter of 2022 saw an average increase of 11%, which was supported by continued favorable...
Report: California Workers’ Comp Written Premium for 2021 Down 2% June 6, 2022 California written premium for 2021 was 2% below 2020 and 14% below 2019, a new report shows. The Workers’ Compensation...
Schools and Underwriters Do Their Cyber Security Homework June 6, 2022 By Andrea Wells Since Remote Classes, $1 Million Ransomware Claims Have Become the Norm The overall number of cyberattacks fell by more than...
Bill Would Let California Parents Sue for Social Media Addiction June 6, 2022 By Adam Beam California could hold social media companies responsible for harming children who have become addicted to their products, permitting parents to...
Creating Harmony: What Cyber, Insurance Pros Can Learn from Music May 16, 2022 By Elizabeth Blosfield Music may not be the first thing that comes to mind when considering the cybersecurity and insurance industries, but these...
Global Insurance Rates Continue to Moderate in Q1, Except Cyber May 16, 2022 Global commercial insurance prices rose 11% in the first quarter of 2022, marking the fifth consecutive reduction in rate increases...
Rapid Cyber Premium Growth by Fairfax, Tokio Marine Increased Share of Market May 16, 2022 By Chad Hemenway The top cyber insurance carriers in 2021 shifted to include Fairfax Financial Holdings and Tokio Marine U.S. as the marketplace...