Ludovic Gros to lead Allianz Partners’ worldwide medical community

Since 2022, more than 10 new insurers have entered Florida’s homeowners insurance market, a trend driven by recent legislative changes aimed at reducing litigation and fraud. Among the new entrants is Mangrove Property Insurance, Tailrow Insurance, Mainsail Insurance and Orange Insurance Exchange. Source link

The home construction industry is full of opportunity and risk. A project can go off track in many ways, from property damage and worker injuries to construction defects and vehicle accidents. That’s why a strong insurance program is one of your most essential tools on the jobsite, as it’s critical for protecting your business from…

In its insurance operations, Trisura reported net insurance revenue of CA$172.7 million, a 12.8% increase from the same quarter last year, mainly driven by growth in primary lines. Underwriting income was CA$29.9 million, up 1.7% from a year earlier, due to business expansion and foreign exchange fluctuations, though partly offset by a higher combined ratio….

Insurance broking unit Marsh posted standout results with revenue of $3.5 billion, up 15% overall and 5% on an underlying basis. Regional growth was led by Latin America (+8% underlying), followed by EMEA (+6%), Asia Pacific (+4%), and the US/Canada (+4%).  Source link

Under Florida’s no-fault system, drivers are required to carry $10,000 in PIP coverage to cover their own medical expenses regardless of fault in an accident. However, critics argue that the $10,000 limit, unchanged since 1979, is insufficient to cover modern medical costs. Source link

Insurance bundling in the US ​Bundling home and auto insurance policies is a common practice in the insurance industry. Insurers often encourage this by offering discounts and streamlined services. However, while bundling is promoted through discounts and convenience, critics say making it compulsory could infringe upon consumer rights and limit market competition. Source link