Commercial P/C Rates Up for 20th Straight Quarter: CIAB November 18, 2022 Third-quarter 2022 marked the 20th consecutive quarter of increased premiums for commercial property/casualty, according to the latest report from the...
Nebraska Court: Ambiguous Policy Language Requires Insurer to Pay for Renovations July 12, 2022 An ambiguous “extra expense” provision in a commercial property insurance policy requires the insurer to pay for new equipment that...
Michigan Fire Damaged Hotel, Other Buildings June 24, 2022 A hotel was among several businesses damaged as a fire swept through part of the downtown of a northern Oakland...
Cyber Continues as Outlier in Otherwise Stabilizing Commercial P/C Market: USI June 6, 2022 By Chad Hemenway A mid-year update on the commercial property/casualty market from USI Insurance Services is the latest to report rate stabilization in...
When Lights Go Out as They Did in Texas, Insurance Coverage Could Turn On March 26, 2021 By Rhonda D. Orin and Daniel J. Healy The power was still off in Texas last month when rating agencies began predicting that the weather-related catastrophe would cause...
Central Texas Town Hit Hard by Spring Storms March 24, 2021 Springtime storms caused significant damage to buildings in a central Texas city, and forecasters say more stormy weather is expected...
Winter Storm Uri Losses in Texas Expected in $10B – $20B Range March 1, 2021 It’s likely that insured losses in Texas from Winter Storm Uri, which overwhelmed the state in mid-February, will climb into...
Winter Storm Uri to Generate Billions in Insured Losses: Moody’s February 18, 2021 The massive winter storm that barreled through the mid-section of the United States and across the South in mid-February, hitting...
U.S. Cities Prepare for Possible Election Unrest November 3, 2020 Temporary extra fencing has been erected around the White House, plywood affixed to storefronts in Manhattan and the National Guard...
Election Security: Retailers Board Up Stores Amid Fears Over More Civil Unrest October 21, 2020 By Lisa Baertlein, Richa Naidu and Nivedita Balu This time last year, shoppers on Chicago’s Magnificent Mile were waiting for Louis Vuitton to debut its whimsical holiday window...