Minnesota moves to regulate peer-to-peer car sharing, impacting insurance industry

[ad_1] You just received a phone call from someone who says they represent your insurance carrier and would like to set up an appointment to audit your business operations. You’ve paid all of your premiums on time, so you wonder what they could want? Many commercial insurance policies are based on the “best information” that…

[ad_1] Cyber capacity After a period of significant expansion, the cyber insurance market experienced a modest contraction of 2% in 2023, indicating a stabilization following previous rapid growth. This stabilization suggests that, while the market has matured, capacity has remained relatively sufficient to meet demand.​ [ad_2] Source link

[ad_1] On August 18, 2025, American Zurich Insurance Company filed a lawsuit in the US District Court for the District of Columbia against Petra Development, LLC and Flood Doctor, LLC, trading as Flood Masters. Zurich insured the real property at 1363 Peabody Street, NW, Washington, D.C. 20011, where a fire broke out on February 27,…

[ad_1] Effective July 2024, Kansas also increased workers’ compensation benefits for injured or deceased workers. The total death benefit rose from $300,000 to $500,000, and the cap for permanent total disability increased from $155,000 to $400,000. This legislation, the first update since 2011, aims to create a more equitable system. [ad_2] Source link

[ad_1] For small restaurants, the margin for error is razor-thin. Small restaurants have always had plenty to worry about – fires in the kitchen, workplace injuries, liability claims, and the ever-present risk of a foodborne illness shutting them down overnight. Unlike large chains with corporate backing, independent restaurants don’t have the financial cushion to absorb…

[ad_1] Thanks to a decade-old bill that priced out Colorado’s builders, the state’s insurance market has spiraled into a pullback that has yet to recover [ad_2] Source link