Safeco to Take Personal Lines Renewal Business of Main Street America December 2, 2024 By Chad Hemenway Liberty Mutual’s Safeco Insurance has agreed to take the personal lines business of Main Street America, marking the second time...
US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood December 2, 2024 By William Rabb Insurance carriers may want to examine policy language — and what information they request from insureds — after the U.S....
Progressive to End Offering Dwelling Fire Insurance December 2, 2024 By Chad Hemenway Progressive said it will stop offering dwelling fire insurance, with nonrenewal notices going out as early as Nov. 19. The...
AM Best Removes Under Review Status of Iowa’s Pharmacists Mutual November 18, 2024 AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and...
GAO Urges OSHA to Address Ergonomic Hazards in E-Commerce Warehouses, Deliveries November 18, 2024 The federal Occupational Safety and Health Administration (OSHA) must do more to address ergonomic hazards at warehouses and delivery companies,...
What to Know About Deductibles After Multiple Florida Hurricanes November 18, 2024 By Patrick Wraight Deductibles serve several purposes. They provide some premium relief for the insured. They make insureds less likely to file smaller...
Allstate Says It’s Ready to Grow Homeowners Line With All 3 Distribution Channels November 18, 2024 By Chad Hemenway Allstate said it sees opportunity where others may not — in homeowners insurance. And the insurer plans to use all...
Named vs. Open Perils November 18, 2024 By Bill Wilson This column is written primarily for insurance professionals, though I hope that the information I include is helpful to practitioners...
Missteps and Mistakes: 5 of the Scariest Moments of My Insurance Career November 18, 2024 By Tony Caldwell I remember 1994 when I was running for the United States Senate. My campaign consultants thought I should publish my...
The Data Behind Rising Homeowners Premiums: By Peril and By State November 18, 2024 The U.S. home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according...