30 Years After Hurricane Andrew, Karen Clark Affirmed Her Models June 20, 2022 By Chad Hemenway June 1 marked the beginning of the Atlantic hurricane season — one that is expected to be above average in...
Cyber Continues as Outlier in Otherwise Stabilizing Commercial P/C Market: USI June 20, 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...
P/C Industry Posts 2021 Underwriting Loss but Surplus Hits $1 Trillion June 6, 2022 Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry...
Legal Malpractice Claims Severity Keeps Rising June 6, 2022 By Chad Hemenway Almost all insurers that participated in a recent survey said they have been involved with a lawyers professional liability insurance...
7 Questions Job Seekers Ask About Remote Jobs June 6, 2022 By Mary Newgard For a long time, the burden to prove the concept of work-from-home fell on the job seeker with much of...
Memo to Brokers; Stick With Loyal Insurers/MGAs, Price Isn’t the Only Differentiator June 6, 2022 By L.S. Howard Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model...
Allyship: The Next Step Toward an Inclusive Industry June 6, 2022 By Debra Dunn Today’s insurance industry has evolved significantly from when I first joined USAA 24 years ago. The idea of conversations around...
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...