NC Bars’ Lawsuit Seeking Damages from State Over COVID Closures Can Continue September 8, 2023 RALEIGH. N.C. (AP) — Portions of a lawsuit filed by several North Carolina bars and their operators seeking financial damages...
Small Businesses Give Record-High Ratings to Commercial Insurers: JD Power August 23, 2023 Small businesses across the U.S. are increasingly satisfied with the products and services they receive from their commercial insurance providers....
Landlord Not Liable for Murder at Nightclub, Massachusetts Supreme Court Says August 17, 2023 By Andrew G. Simpson A commercial landlord is not liable for a “targeted, execution-style shooting” that took place on her property as it was...
Repricing Is Not Reunderwriting July 13, 2023 By Tony Buckle, John Carolin and Mehmet Ogut A rising tide carries all boats. That rings true currently in commercial insurance. Carriers have broadly brushed aside concerns about...
Another Soft Market Is Inevitable June 7, 2023 By Susanne Sclafane In recent weeks, executives of brokers and carriers have been delivering mixed messages about conditions in the commercial insurance market....
Viewpoint: Four Approaches to Expand Commercial P/C’s Market Relevance February 22, 2023 By Shannon Varney Despite a range of disruptions, global commercial P/C insurance carriers have actually delivered good returns over the last few years—mostly...
Not Time to Celebrate Soft Market but Commercial Insurance Rates Are Stabilizing December 29, 2022 By Susanne Sclafane With last year’s 25% rate hikes for public directors and officers liability insurance dropping to 2.5%, and 150% hikes for...
Ian to ‘Significantly Impact’ Property Rates for Coastal States: MarketScout October 5, 2022 Hurricane Ian is going to affect commercial and personal property rates “significantly” – not just in Florida, predicted MarketScout. The...
Markets/Coverages: Travelers, Google Cloud to Build Data System to Underwrite Commercial Risk September 22, 2022 Google Cloud and The Travelers Companies said they are working together to create a cloud-based data ecosystem that will help...
Small Business Satisfaction With Commercial Insurers Resurges: J.D. Power August 24, 2022 A toxic combination of business disruption and economic uncertainty strained the relationship between small businesses and their commercial line insurers...