Flood Adaptation Preferable to Post-Disaster Rebuilding – And It Helps With Insurability December 2, 2024 By L.S. Howard Economic losses caused by natural catastrophes reached an estimated US$280 billion in 2023, with US$51.6 billion of that total due...
Declarations December 2, 2024 CO2 Highs “We don’t see a sign of fossil fuel emissions peaking in 2024.” — Said Pierre Friedlingstein, a climate...
Verisk: A Shift to More EVs on The Road Could Have Far-Reaching Impacts December 2, 2024 By Allen Laman What emerging risks could electric vehicles present as they become more widespread? Experts at Verisk recently explored the current EV...
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...
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....
People & Places December 2, 2024 National Marsh, a business of Marsh McLennan headquartered in New York City, named Will Thomas-Ferrand head of captive insurance beginning...
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...
Federal Judge Strikes Down Biden Overtime Pay Rule December 2, 2024 By Daniel Wiessner A federal judge in Texas permanently blocked a Biden administration rule that would have made about 4 million more salaried...
Industry Trends to Exploit for 2025 – Part One December 2, 2024 By Catherine Oak and Bill Schoeffler Agency owners must observe and learn about significant new trends in the insurance industry. The following are three critical industry...
2024 More of the Same in Commercial Auto Segment After $5B Net Loss in 2023 December 2, 2024 After the U.S. commercial auto insurance segment sustained a $5 billion net loss in 2023, a new AM Best report...