Connecticut Crumbling Foundation Insurer Seeks $100 Million July 7, 2025 By Andrew G. Simpson The state-created captive insurer handling Connecticut homeowners’ claims for crumbling foundations is in line for another $100 million in bond...
AM Best: US P/C Industry Records $1.1B Underwriting Loss for Q1 July 7, 2025 Growth in net earned premiums during the first three months of 2025 was offset by losses and expenses, resulting in...
Racketeering Suit Alleges NY Insurance Fraud Scheme by Lawyers, Medical Providers July 7, 2025 A New York specialty insurance managing underwriter for contractors and construction risks has sued a New York City personal injury...
US Commercial Lines Prices Up 5.3%, Continue Downward Trend: WTW CLIPS July 7, 2025 U.S. commercial insurance rates went up again in first-quarter 2025, according to the latest findings from WTW’s Commercial Lines Insurance...
Public Adjusters Decry Florida Citizens’ New Plan That Keeps Their Names Off Checks July 7, 2025 In the long conflict between insurance carriers and public claims adjusters, Florida’s Citizens Property Insurance Corp. has altered the rules...
Understanding the Future of Insurance by Studying the Past July 7, 2025 By Marc Adee One of the things I love about the insurance business is that anyone–regardless of where they start–can build a meaningful,...
Wildfire Season Preview: Rest of 2025 Is High-Risk, May Follow LA Wildfires Paradigm July 7, 2025 Following the “paradigm-shifting” Los Angeles wildfires in January, the 2024-2025 wildfire season will be remembered as a turning point for...
Carriers and Principles of Insurance July 7, 2025 By Chris Burand Every once in a while, I believe revisiting fundamental industry principles is beneficial. One such essential principle is diversity, especially...
Insurance Sector Should Be on the Lookout for ‘Scattered Spider’ Hackers July 7, 2025 By Chad Hemenway Watch out, insurance industry. A well-known cybercrime group appears to have shifted focus to insurers. Apparently, recent cybersecurity incidents at...
Data Centers, Overloaded Power Grids Keep Green Energy in the Spotlight July 7, 2025 By Andrea Wells Renewable energy is growing in the U.S. In fact, wind and solar energy generated more electricity in the U.S. than...