AIG Sues Newly Launched Dellwood Insurance and Its Founders April 15, 2024 By Chad Hemenway American International Group and a group of its excess and surplus lines subsidiaries have filed suit against Dellwood Insurance Group...
Underwriters’ Dilemma: Is AI a Cyber or Tech E&O Risk? April 1, 2024 By Elizabeth Blosfield When it comes to artificial intelligence, more questions than answers keep underwriters from venturing into the space and lead to...
Twice as Many Personal Lines Insurers Downgraded by AM Best in 2023 April 1, 2024 AM Best delivered 39 downward credit rating actions to U.S. personal lines insurers in 2023, more than twice the number...
M&A Due Diligence: Understanding the Issues and Solutions to the Pitfalls April 1, 2024 By Catherine Oak and Bill Schoeffler Mergers and acquisitions in the insurance industry continue steadily despite a slowdown due to COVID-19 and higher interest rates. After...
Florida High Court Clarifies Things. Ruling Could Cut Damages for Bars Serving Booze to Minors April 1, 2024 Liquor liability insurers in Florida can contemplate potentially lower loss costs on policies, after a recent state Supreme Court ruling...
Relationship Refresher: 5 Ways to Keep Your Professional Relationships Fresh April 1, 2024 By Tony Caldwell With technology relentlessly simplifying many parts of our business, and consolidations changing the competitive landscape as well, personal service businesses...
Creditors Want Court to Force Giuliani to Insure His Florida Condo Until It’s Sold to Pay His Debts April 1, 2024 Full-time Florida residents and snowbirds aren’t the only ones having trouble obtaining insurance on their condominiums. Rudy Giuliani, the former...
7 Reasons to Consider Program Business Opportunities April 1, 2024 By Mark McCrary As the insurance marketplace continues to harden, many carriers may be looking to further tighten their underwriting guidelines and appetites...
NTSB Investigates Fatal Texas Ford Electric Vehicle Crash April 1, 2024 The National Transportation Safety Board is investigating a fatal crash in San Antonio, Texas, involving a Ford electric vehicle that...
Lloyd’s Reports Banner Year in 2023 but “Disciplined Underwriting” Must Be Maintained April 1, 2024 By L.S. Howard The strong 2023 results at Lloyd’s reaffirm the primacy of underwriting, “but it’s one year and therefore not a reason...