Recently I renewed two large accounts for the twenty-sixth time. Over the years, I’ve found the loyalty of these particular clients professionally and personally rewarding. It’s also created a stable source of revenue for a long time. Though these two …
Despite the Florida Legislature taking major steps to rein in the cost of roof claims and litigation, at least two insurers have come out with broad roof endorsements that seek to bar claims for wear and tear, poor workmanship and …
Saboteurs target a nation leading the world in clean energy. They hack into vulnerable wind and solar power systems. They knock out digitalized energy grids. They wreak havoc. It’s the stuff of nightmares for European power chiefs. Henriette Borgund knows …
Forever Suit “These companies had knowledge that these chemicals cause harm and they still chose profit over people.” — New Mexico Environment Secretary James Kenney explained the reasoning behind a suit against the manufacturers of so-called “forever chemicals,” commonly referred …
This year will mark the fourth year of a hardening market for the commercial lines underwriting cycle, according to the latest US Commercial Lines Market Update released by Fitch Ratings. The Council of Insurance Agents & Brokers’ (CIAB) commercial lines …
Insurers have come a long way on climate change, but they have a long way to get where they need to be to deal with a more hazardous planet. That was the assessment from Washington Insurance Commissioner Mike Kreidler, a …
After learning about green buildings, after examining their structural characteristics that may not be covered by traditional insurance policies, and after studying green rating guides and the commissioning process, Stephen Bushnell came to a notable conclusion. “It seems that green …
Bbusiness email compromise (BEC) is one of the most financially damaging online crimes, according to the FBI’s Internet Crime Report. In 2022, there were nearly 22,000 related complaints, and businesses lost more than $2.7 billion to these scams. BEC is …
It’s no secret that the U.S. property/casualty insurance industry does not always enjoy a sterling reputation among consumers. As one insurance professor recently put it, the industry’s rank in public opinion is somewhere between that of personal injury lawyers and …
Museums Market Detail: Markel provides all-risk coverage for the collections and changing exhibitions for private and public museums. Coverage includes protection for temporary and long-term loans including transit both to and from the museum. $750,000 minimum premium; appointment required. Available …
