US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood December 2, 2024 By William Rabb Insurance carriers may want to examine policy language — and what information they request from insureds — after the U.S....
Progressive to End Offering Dwelling Fire Insurance December 2, 2024 By Chad Hemenway Progressive said it will stop offering dwelling fire insurance, with nonrenewal notices going out as early as Nov. 19. The...
Verisk: A Shift to More EVs on The Road Could Have Far-Reaching Impacts December 2, 2024 By Allen Laman What emerging risks could electric vehicles present as they become more widespread? Experts at Verisk recently explored the current EV...
Flood Adaptation Preferable to Post-Disaster Rebuilding – And It Helps With Insurability December 2, 2024 By L.S. Howard Economic losses caused by natural catastrophes reached an estimated US$280 billion in 2023, with US$51.6 billion of that total due...
Insurance and Shrinkflation: Caveat Emptor! December 2, 2024 By Bill Wilson Everyone is familiar with the significant price increases of many products and services in recent years. We call that “inflation”...
US Product Recalls on Pace to Hit 6-Year High: Report December 2, 2024 If the pace of product recalls continues in the fourth quarter, the number will reach a six-year high by the...
AM Best Removes Under Review Status of Iowa’s Pharmacists Mutual November 18, 2024 AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and...
Akron to Pay $4.8M to Family of Black Man Killed by Police November 18, 2024 The family of Jayland Walker, a Black man killed when eight police officers fired 94 bullets at him after he...
2025 Underwriting Trends for Worship Facilities November 18, 2024 By Jeff A. Zehr As insurers look to 2025, several trends are emerging that affect premium and deductible costs — leading to lengthy conversations...
Washington Commissioner: Most Homes in 2023 Wildfire Were Underinsured November 18, 2024 An analysis of the claims paid out after the Gray and Oregon Road fires in Washington last year found that...