Rising Claims Costs Limit US P/C Profitability in 2023: Swiss Re October 16, 2023 While the profitability outlook for the U.S. P/C industry this year is mixed, Swiss Re predicts a stronger year in...
Is It Auto or CGL … or Both or Neither? October 16, 2023 By Bill Wilson For many people, the outdoor grilling season is about over. Notice that I said “grilling” season and not “BBQing” season....
Leveraging Memberships to Boost Business, Improve Community October 16, 2023 By Tony Caldwell As a young professional I was very interested in becoming active in my community. Of course, I knew that this...
From Disorderly to Orderly Reinsurance Renewals — What a Difference a Year Makes October 16, 2023 By L.S. Howard One of the themes at this year’s reinsurance Rendez-Vous de Septembre (RVS) was that reinsurers have rediscovered client need, client...
AM Best Tweaks State Farm Outlook to Negative After Weather, Regulatory Issues October 16, 2023 The AM Best financial rating firm has downgraded its outlook for multiple State Farm insurance companies due to weather losses...
Insurance Broker in Menendez Corruption Case Allegedly Got Senator’s Help With Fraud Case October 16, 2023 By Andrew G. Simpson The defendants in the corruption case involving U.S. Senator Robert Menendez include a former New Jersey insurance broker who was...
New York to Require Flood Disclosures in Home Sales October 16, 2023 New York Gov. Kathy Hochul signed a bill requiring people selling their homes to disclose whether their properties have been...
Homeowners Unprepared for Non-Weather-Related Water Damage: Hanover Report Shows October 16, 2023 Homeowners lack preparedness for non-weather-related water damage, even though water damage ranks as the second most prevalent cause of insurance...
Uber Allowed to Arbitrate New Jersey Accident Claims October 16, 2023 A notice in Uber’s digital registration process requiring ride-share customers to take any individual claims to arbitration is enforceable, a...
Cultivating Virtual Management Skills for the Hybrid World October 16, 2023 By Alicia Morris The majority of the insurance workforce is now hybrid – if not fully remote – with just 4% of companies...