March 4, 2024
Yvette Prichard says cyber insurance continues to be an area where small businesses have significant gaps in their insurance portfolios. “It is a big risk; any business that does anything on a computer needs cyber liability,” said Prichard, who is …
March 4, 2024
The Texas Supreme Court recently ruled that when an insurance company pays an appraisal award plus any statutory interest in a weather-related first-party property case, there is no liability for attorney’s fees. The court responded to a certified question from …
March 4, 2024
Homeowners insurance companies are having a rough year. What’s worse is that they seem to be taking it out on us, their customers. According to an article on Policygenius, the cost of homeowners insurance went up an average of 21% …
March 4, 2024
WTW and The Nature Conservancy (TNC) announced the purchase of a new coral reef insurance policy that expands coverage around the main Hawaiian Islands and increases payouts after qualifying storms. This replaces the first U.S. coral reef insurance policy purchased …
March 4, 2024
SAIF in Oregon, which reported receiving 400-plus claims after January’s winter weather, said more Oregon workers were injured from slips, trips, and falls due to snow or ice than during any other storm since January 2017. SAIF, Oregon’s not-for-profit workers’ …
March 4, 2024
Los Angeles and Orange County are number one of the top 20 list for a second consecutive quarter for 2023 and stay at the top in theft claims handled by population. Wheelnet, a provider for wheel and tire replacement for …
March 4, 2024
San Francisco, California-based insurtech Shepherd announced it raised a $13.5 million Series A funding round led by Costanoa Ventures with participation from Intact Ventures, Era Ventures, Greenlight Re and Spark Capital. The company says it will utilize the funds to …
February 19, 2024
February is Insurance Careers Month, a time often used to attract the attention of college graduates and professionals from other industries to the benefits of working in the insurance industry. While I’m all for that hype, dare I say that …
February 19, 2024
Insurance agency employees and producers on average made more money in 2023 but, overall, employees reported lower satisfaction with their compensation than in 2022, a year when overall satisfaction rose, according to the latest Agency Salary Survey, published annually by …
February 19, 2024
Shannon Ninio, 60, of North Hills was arraigned for insurance fraud after a California Department of Insurance investigation found she and her husband, Moshe Ninio, allegedly stole customers’ personal information and used that information to file more than 40 fraudulent …