Abandoned Louisiana Oil Wells to Receive Clean Up in Infrastructure Bill June 6, 2022 By Janet McConnaughey About $33 million of the $1 trillion bipartisan infrastructure plan recently signed into law by President Joe Biden will go...
Global Re/insurers See Average Premium Increases of 11% in Q1 June 6, 2022 Premium growth during the first quarter of 2022 saw an average increase of 11%, which was supported by continued favorable...
Report: California Workers’ Comp Written Premium for 2021 Down 2% June 6, 2022 California written premium for 2021 was 2% below 2020 and 14% below 2019, a new report shows. The Workers’ Compensation...
Schools and Underwriters Do Their Cyber Security Homework June 6, 2022 By Andrea Wells Since Remote Classes, $1 Million Ransomware Claims Have Become the Norm The overall number of cyberattacks fell by more than...
Bill Would Let California Parents Sue for Social Media Addiction June 6, 2022 By Adam Beam California could hold social media companies responsible for harming children who have become addicted to their products, permitting parents to...
Preparing to Sell the Agency June 6, 2022 By Catherine Oak There has been a frenzy of agency acquisitions for many years now, with private equity firms and publicly traded brokers...
UCLA to Pay Nearly $700M in Doctor Abuse Lawsuits June 6, 2022 By Brian Melley The University of California system announced it will pay nearly $375 million to more than 300 women who said they...
J.D. Power: Auto Insurance Customer Satisfaction Has Eroded June 6, 2022 J.D. Power found in a recent survey that auto insurance customer satisfaction with price has plummeted, driving a surge in...
Cyber Insurance Premiums Up 27.5% to Lead All Lines in Q1: CIAB June 6, 2022 By Chad Hemenway According to The Council of Insurance Agents & Brokers’ (CIAB) Commercial Property/Casualty Market Index, capacity for cyber insurance may be...
Home, Commercial Rate Hikes Not Enough to Offset Construction Costs June 6, 2022 To counteract rising construction material costs that have increased about 26.7% the first four months of 2022, personal and commercial...