US commercial insurance rates continue upward trajectory – report

[ad_1] 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. [ad_2] Source link

[ad_1] The senator argued that a moratorium would bring all stakeholders to the table to develop a model for addressing LTC insurance issues, which extend beyond Connecticut. The industry has faced significant challenges due to underwriting miscalculations in the 1990s and 2000s, rising medical costs, an aging population, and longer lifespans, according to state and…

[ad_1] Years of supply chain shocks, regulatory shifts, and rising brand risks led many to believe that recall insurance – especially for small and midsize manufacturers – was poised for a breakout. But Robert Balogh (pictured), executive vice president at Amwins, said the wave still hasn’t hit. “It really hasn’t yet,” he said. “That’s not…

[ad_1] Strong operating gains offset investment losses and derivative valuation impacts [ad_2] Source link

[ad_1] According to the complaint, Walter Montejo was driving a tractor-trailer when the collision occurred at about 2:21 p.m. The crash resulted in bodily injury and property damage to several parties, with two wrongful death claims also in play. Lawsuits have been filed by Rudolph Colin and Jacob Helms (Case Number 25BA-CV02498), and by John…

[ad_1] In an age of nuclear verdicts, this kind of underwriting has become a high-stakes venture, where an establishment’s vibe can outweigh its compliance [ad_2] Source link