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Report: California Workers’ Comp Insurer Losses Were up in 2021

Jun 30 2022 // Total insurer combined losses and expenses incurred in 2021 were $13.1 billion, or 96% of calendar year premium, compared with $12 billion in 2020, according to a report released today. The Workers’ Compensation...

Stealth Partner Group Releases June 2022 Stop-Loss State of the Market Report

Jun 29 2022 // Charlotte, N.C. (June 29, 2022) – Stealth Partner Group, an Amwins company and premier stop-loss general agency, released its State of the Market report, providing up-to-date market intelligence on health care and...

Parents Sue Boston Hospital Over Loss of Baby’s Body

Jun 27 2022 // A Massachusetts couple whose prematurely born baby girl died less than two weeks after she was delivered has sued one of Boston’s most prestigious hospitals for losing the infant’s body, denying the parents the...

Ukraine Crop-Handling Port Damaged in Russian Attacks, Adding to Farm Sector Losses

Jun 24 2022 // Infrastructure owned by two major agriculture traders was damaged in Russian attacks at one of the biggest crop-handling ports in Ukraine, adding to the mounting losses suffered by its farm sector. Rocket strikes on the...

Future Profit Models for Insurers and Their Agent/Broker Partners

Jun 20 2022 // I read an article written by a former carrier CEO who is now a consultant and private equity backer to insurance ventures. The main point of the article was that insurtech, or any paradigm shifting insurance entity, will...

Derecho Storm Ranks as Canada’s 6th Largest Insured Loss on Record

Jun 16 2022 // The storm that swept through southern Ontario and parts of Quebec on Saturday, May 21, caused over C$875 million (US$676.3 million) in insured damages, according to the Insurance Bureau of Canada, which quoted initial...

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