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Steadfast Insurance argues for Alabama jurisdiction as surplus lines coverage
Upon receiving the claim, Steadfast conducted a multi-year investigation, which included emails, phone calls, site visits, and document requests. Ultimately, the insurer denied coverage in August 2021, citing a failure to comply with the policy’s requirement for “prompt notice” of loss or damage. Source link

Generali maintains solid solvency amid operating growth in Q1
P&C delivered an 18.7% rise in its operating result to €1.03 billion. This was attributed to robust premium growth and improved margins. The combined ratio improved to 89.7%, down from 91.0% in Q1 2024, with both loss and expense ratios contributing to the result. The undiscounted combined ratio also improved, decreasing to 92.0% from 93.7%….

What You Need to Know
As a contractor in the Midwest, you know the challenges that come with the job—unpredictable weather, long winters, and the need for solid coverage to protect your business and employees. The risks can be significant whether you’re working on a commercial build or a smaller residential project. At Central Insurance, we understand these challenges and…

Montana enacts bill requiring transparency on wildfire risk
The Montana Legislature has approved a new measure requiring insurance companies operating in the state to disclose detailed wildfire risk score information when used to underwrite or rate residential property. House Bill 533, passed by the 69th Legislature and now enrolled, mandates that admitted insurers provide specific information to homeowners, applicants, or their insurance producers…

Fastest-growing Insurance Companies in the USA | Fast Brokerages
Jump to winners | Jump to methodology Speed demons Brokerages have two principal avenues for growth, but it is organic expansion that commands the industry’s focus. This, according to Sean O’Neill, head of the global insurance practice at Bain & Company, is the sector’s “holy grail” – a mark of sustainable success that firms are increasingly…