The supply chain crisis has seared itself into popular imagination through empty shelves where toilet paper once stood and a desperate shortage of baby formula. But the ripple effects that emanate from globally disrupted supply chains wash over far more …
A Louisiana judge has ruled that the state’s insurance commissioner’s directive ordering insurers to pay policyholders’ Hurricane Ida evacuation expenses is invalid and unenforceable. Judge Patrick Moore of the Division of Administrative Law wrote that Louisiana Department of Insurance Commissioner …
The number of contingent business interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much of the state’s power grid and a fire at a semi-conductor plant in Japan contributed to a global supply …
When questioned by members of Congress, the Federal Emergency Management Agency said its new update to the nation’s flood insurance program will prompt more people to sign up for coverage, even though many will pay more for it. But in …
University of Chicago Medicine researchers reviewing two years of data on assaults with paintball guns found more patients than expected suffered vision-threatening emergencies after being struck in the eye, with several experiencing a rupture of the eyeball or even permanent …
Florida’s top insurance regulators and the Florida Association of Insurance Agents in late July blasted the Demotech financial rating firm after the organization reportedly notified 17 insurers that they will soon be downgraded. Demotech President Joe Petrelli said that the …
Innovation calls upon us to challenge existing paradigms. Women in technology understand this all too well. Many of us have stepped into roles that were traditionally dominated by men. We’ve had to swim upstream to establish our bona fides. Personally, …
During my 17-year stint at the Big “I” national association, I received tens of thousands of coverage questions from member agents. One of the most common questions was whether someone needed [insert type of policy here] insurance for certain activities. …
The Surplus Line Association of California board voted to drop the association’s stamping fee to 0.18%. Effective Jan. 1, 2023, the stamping fee will adjust downward from its current 0.25% level that took effect on Jan. 1, 2020. The stamping …
Well, in our country,’ said Alice, still panting a little, ‘you’d generally get to somewhere else — if you ran very fast for a long time, as we’ve been doing.’ ‘A slow sort of country!’ said the Queen. ‘Now, here, …
