Insurance moves: Highstreet, BHSI, NFP, and DUAL

Electric bike insurance, or e-bike insurance, is an insurance policy to protect you and your e-bike in the event of an accident or a covered loss such as theft, vandalism, or damage to the bike itself. E-bikes can vary greatly depending on the type of motor your e-bike has and how fast it can go,…

The case arose after a June 2021 hailstorm damaged 86 townhomes in the Players Club Villas community. The association, which held a commercial property policy with QBE, submitted a claim days after the storm. While QBE acknowledged coverage, it issued a payment of only $1,587.05, citing actual cash value calculations and applying a 5% per-building…

Moves target US growth through regional strategy and insurtech collaboration Source link

Do you have a vacation cabin or another property that you use during the summer but leave empty during the winter? If so, you need to winterize your getaway so you don’t find a mess when spring arrives. Winterizing may take a few hours of work, but being thorough can prevent serious problems. These include…

Spinelli will oversee claims within Willis’ Alternative Asset Insurance Solutions (AAIS) division, managing claims for representations and warranties, tax, and contingent risks. He brings 15 years of experience in insurance and litigation, including prior roles at VALE Insurance Partners and Liberty Global Transaction Solutions, as well as a background in underwriting and commercial litigation. Spinelli…

Carriers like Mercury General, with a strong presence in California, reported heavier losses. The state’s FAIR Plan, which insurers high-risk properties, also reported significant losses, estimated at $4 billion. Its cash and surplus levels are expected to drop from $1.5 billion at the start of the year to $305 million by June, prompting a $1…