Groves, John & Westrup Ltd. has been a coverholder for Munich Re’s Lloyd’s syndicate for decades, writing marine, pleasure boat and private yacht insurance. This year, the company branched out into the high net worth (HNW) sector, trading under the …
The biggest problem most insurance people suffer from is they all represent the same insurance carriers. So, at the heart of what the buyer is buying is an insurance policy provided by the major carriers. The policy is just a …
In the wake of massive protests last year focused on racial equity and social justice, insurers are among the many industries confronting the need to incorporate more diversity into their hiring and business practices. There are many different ideas in …
Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected wave of discrimination claims as employers call staff back to their desks after 18 months of pandemic-induced home working. There …
Madeleine Brown, intellectual property practice leader for CFC Underwriting, has spent the last 15 years specializing in the diverse intellectual property market. She sees exposures for IP where others do not. And as technology creeps further into traditional sectors of …
California power company Pacific Gas and Electric said on it would bury 10,000 miles of power lines in high-risk fire zones as a safety measure after its equipment caused multiple destructive wildfires over several years. The utility, which called the …
COVID-19 did not delay medical treatment for workers’ compensation claimants, but did decrease the amount of emergency care and other services provided to injured workers, a study released by the Workers’ Compensation Institute concludes. Research by WCRI economist Olesya Fomenko …
Wisconsin Insurance Commissioner Mark Afable approved an overall 5.44% decrease in workers’ compensation insurance rates, effective Oct. 1, 2021. It’s the sixth straight year of rate decreases in Wisconsin, according to the Office of the Insurance Commissioner (OCI). Afable said …
In 2006, when Jean Patterson, executive director of the Texas Surplus Lines Association, was marking her 25 years with the organization, she said her relationships with the “wonderful members” of TSLA are what keeps her “coming to work each and …
A gym and fitness center in Pennsylvania won a minor victory on July 13 in a dispute with an Ohio-based commercial property insurer over business interruption coverage claims stemming from closures caused by the COVID-19 pandemic. Judge Terrance R. Nealon …
