Would Letting Roofers Do More Wind-Mitigation Work Help Reduce Florida’s Insured Losses in Storms? November 18, 2024 By William Rabb A recent photograph of destruction left by Hurricane Milton’s wind tells the story: An entire roof section on a residential...
10 Sales & Marketing Tips to Help Agencies Grow November 18, 2024 Get Out of the Office. Attend events where you can mingle and meet people. Be a Guest. Reach out to...
Rating Firm Says Florida Insurers Will Weather the Storms. Cat Fund Can Handle Payouts to Insurers November 18, 2024 Florida’s Hurricane Catastrophe Fund, a state-created layer of reinsurance, expects to pay out about $4.6 billion to help cover insurers’...
Chubb Continues ‘Record’ Year With 13.8% Jump in Q3 Net Income November 18, 2024 Chubb recorded an 11.7% increase in P/C underwriting income with a combined ratio of 87.7 as part of third quarter...
Insurer Not Liable if Bank Improperly Cashes Insurance Check, Appeals Court Says November 18, 2024 Insurance carriers are not responsible if a bank improperly cashes a check made out to two insureds and gives the...
Claims Analysis: Roofs Define Luxury Homes’ Insurability November 18, 2024 By Stephen Poux and Diane Delaney The insurance industry is facing a significant rise in roof-related claims. The combination of increasingly severe weather events, inflation-driven repair...
AM Best Withdraws Credit Rating of Farmers Mutual Insurance Co. of Michigan November 4, 2024 AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed...
Geopolitical Conflict Could Cost Global Economy $14.5 Trillion Over 5 Years: Lloyd’s November 4, 2024 By L.S. Howard The global economy could be exposed to losses of US$14.5 trillion over a five-year period from the threat of a...
East Palestine Residents Should Receive Payments During Appeal November 4, 2024 By Josh Funk People who lived near the disastrous East Palestine derailment last year should still be able to receive personal injury payments...
SMA Gives Employees Freedom to Succeed November 4, 2024 By Jahna Jacobson Scarbrough, Medlin and Associates Inc. has built its success on a foundation of trust. “I never needed to be pushed...