Protecting Treasured Investments: Insuring Art Against Climate Change November 6, 2023 By Andrea DeField, Rachel Hudgins and Charlotte Leszinske Hardly a day passes without reports of another shattered climate record. As Earth’s climate changes, heat waves, floods, droughts, wildfires,...
Kentucky Clarifies Matching Law While Florida Insurers Use Endorsements to Limit Replacement Costs November 6, 2023 Matching requirements for roofs and interior furnishings have been a tough issue in the property insurance industry for years. Recent...
Should I Use an Insurance Recruiter to Make Critical Year-End Hires? November 6, 2023 By Mary Newgard “I work in talent acquisition within the insurance industry. We have had job openings that we’ve been unable to fill...
Florida Special Session Called to Punish Iran … and Help Floridians with Wind Mitigation November 6, 2023 Florida lawmakers have agreed to convene in another special session – the sixth in three years – this time to...
Commercial Auto Up Against Persistent Headwinds to Underwriting Profit: AM Best Report November 6, 2023 By Chad Hemenway Underwriting losses in U.S. commercial auto have returned to pre-pandemic levels and rate increases have not been enough to keep...
Don’t Discount the Value of the On-Site Visit November 6, 2023 By Larry Chasin Insurance is a business of relationships. Even as our industry has added on new technology designed to support remote work...
Farmers, USAA Lead Pack in Hiking Homeowners Insurance Rates in 2023: S&P November 6, 2023 Farmers Insurance Group of Cos. and United Services Automobile Association (USAA) have increased homeowners insurance rates by nearly 15% each...
Riding the Waves: Economic Cycles in Insurance November 6, 2023 By Brad Nevins The insurance industry, like any other, experiences economic cycles that can significantly impact growth. These cycles are often a reflection...
Major Cyber Attack Could Cost Global Economy $3.5 Trillion: Lloyd’s November 6, 2023 A cyber attack on a major financial services payments system could result in widespread business disruptions, potentially costing the global...
Agency E&O Buyers Report Fewer Price Hikes But Overall Premiums Still Up November 6, 2023 By Andrea Wells Fewer agencies reported increases in premium on their agency errors and omissions renewal policies from 2022 to 2023, according to...