"Insurance shouldn’t just be a pot of money for attorneys"

[ad_1] ‘Just being transparent can drastically lower the chance of a future clash happening,’ says expert [ad_2] Source link

[ad_1] Wildfires reverse rate moderation  After signs of stabilization in 2024, the commercial property market experienced renewed pressure following major wildfire events. In January, the Palisades and Eaton Fires in Los Angeles County destroyed more than 16,000 structures, quickly depleting reinsurers’ catastrophe budgets for the year. Though 2024 reinsurance renewals were broadly favorable, the early…

[ad_1] Industry vets bring expertise in terrorism underwriting and nationwide construction strategy [ad_2] Source link

[ad_1] In conclusion, LIC’s Jeevan Kiran Plan (No. 870) emerges as a beacon of financial security, catering to the diverse needs of individuals and families alike. With its flexible premium options, policy terms, and substantial life coverage, the plan paves the way for a stable and prosperous future. The unique maturity benefit, which returns the…

[ad_1] He cautioned that if the bill becomes law, insurers will have to reassess risk pricing in Florida, and reinsurers are likely to follow suit. He added that these changes would ultimately impact policyholders through higher premiums, calling the bill a reversal of recent reforms. [ad_2] Source link

[ad_1] Emerging threats and evolving regulations are highlighting the power of these components [ad_2] Source link