Most Commercial Insurance Renewal Rate Changes Remain Up: Ivans Index August 1, 2022 Premium renewal rate changes for all major commercial lines of business increased year over year with the exception of the...
Alabama Counties’ Insurance Fund Not Liable for its Own Actions in Deadly Dock Fire July 18, 2022 By William Rabb Insurers and government self-insurance pools should be breathing a sigh of relief after the Alabama Supreme Court absolved a county...
California County Paying $8.1M for Unarmed Man’s Death July 18, 2022 San Diego County will pay $8.1 million to the family of an unarmed man who was shot in the back...
Over 20 New E&S Entrants Reshaping Marketplace: RPS July 18, 2022 By Chad Hemenway Wholesale broker Risk Placement Services (RPS) said more than 20 new insurance companies and managing general agents have entered the...
Report: Sharp Increase in California Workers’ Comp Med-Legal Costs July 18, 2022 Payments for medical-legal services used to resolve medical disputes over compensability issues in California work injury claims have risen sharply...
Mass Shooting Insurance Rates Jump as Incidents Rise July 18, 2022 By Noor Zainab Hussain The cost of buying insurance protection against mass shootings has spiked more than 10% in the United States this year...
Report: Quake-Triggered Tsunami Would Hit Seattle In Minutes July 18, 2022 A new study from the Washington State Department of Natural Resources shows a tsunami triggered by a major earthquake beneath...
P/C Industry to Finish 2022 With Combined Ratio Over 100: S&P July 18, 2022 For the first time since 2017, the calendar-year combined ratio for the property/casualty industry will eclipse 100 in 2022 due...
Massachusetts High Court Rules Attorney’s Fees Are Not Part of Insured Damages July 18, 2022 The Massachusetts Supreme Judicial Court has ruled that attorney’s fees from a consumer protection lawsuit are not covered as part...
The Path to Growth for Smaller Agencies: Hire Producers Or Acquire Agencies? July 18, 2022 By Tony Caldwell I know a thing or two about helping agencies grow. In fact, I’ve helped hundreds of entrepreneurs create independent insurance...