P/C Insurance Outlook Looks Challenging, Uncertain: Fitch Ratings April 6, 2020 North American property/casualty insurers reported improved 2019 operating performance, but near-term performance will likely be more challenging with the onset...
Insurers Report Uptick in Claims Against Architects and Engineers April 6, 2020 By Jim Sams Increased billings by architecture and engineering firms generated bigger professional liability premiums in 2019 but also led to the first...
Lloyd’s Returns to Profit; ‘Strong Position’ to Respond to COVID-19 April 6, 2020 While announcing a return to profit of £2.5 billion (US$3 billion) for 2019, Lloyd’s also affirmed that the market is...
A Banner Year for Insurance M&A Activity April 6, 2020 By Brian Ambrosia Fueled by continued, albeit moderate, economic growth in a historically low interest rate environment and an increase in the number...
Evolution of Ransomware Pushes Companies to Examine Their Business Interruption Coverage April 6, 2020 By Elizabeth Blosfield As cyber crime continues to evolve, ransomware attacks in particular have ramped up and are leading more companies to recognize...
Coronavirus Effect on Agency Value April 6, 2020 By Catherine Oak and Bill Schoeffler Life has changed for everyone since the lockdown of US citizens and businesses a few weeks ago by our local...
How Agents Can Help Small Business Clients Navigate Cyber April 6, 2020 By Elizabeth Blosfield More small businesses may be purchasing cyber insurance today as compared to a few years ago, but agents still have...
‘Cancel for Any Reason’ Travel Policies Offered in New York as Coronavirus Spreads March 23, 2020 Six global and national insurance companies have agreed to offer ‘cancel for any reason’ travel policies in New York state...
California Employees Who Bring Labor Claims Can’t Recover for Their Unpaid Wages March 23, 2020 The California Supreme Court has ruled that plaintiffs in Private Attorney General Act cases cannot recover for their own or...
Nicolopoulos Confirmed as New Hampshire Insurance Commissioner March 23, 2020 By Elizabeth Blosfield The New Hampshire Insurance Department has announced that Chris Nicolopoulos was confirmed by the New Hampshire Executive Council as insurance...