Rob Fauber, president and CEO of Moody’s, noted that the partnership will provide valuable insights to help investors, including insurers, assess credit risk and make informed decisions. Henry Fernandez, chairman and CEO of MSCI, emphasized the need for greater transparency and clarity in the private credit market, which is seen as essential for the insurance industry’s risk management processes.
In 2024, roof repair and replacement costs totaled nearly $31 billion, a 30% increase since 2022. Roof-related claims represented over a quarter of all residential claim value, with wind and hail as the primary drivers. These two perils accounted for more than half of residential claims and non-catastrophic wind and hail claims have risen from…
State-issued equity coverage would pay out the difference between a home’s insured value and its eventual sale price — provided the owner has lived in the property for at least three years. Claims would be denied if the equity loss stems from owner neglect of the property’s condition. A newly created Home…
This is a question we continuously get asked at CH Insurance. Clients with a good loss history, timely payments, excellent credit, and very good policies and procedures. All across the landscape consumers are feeling the pinch of their insurance carriers in both Commercial and Personal Insurance. There are many factors that are continuing to drive…
Designed for claims professionals, brokers, and underwriters across global markets, including the London market, general and specialty insurance in the UK, Europe, North America, Latin America, and the Asia-Pacific region, SmartRisk automates risk assessments and policy analysis. Source link
“With this reform package, we are directly addressing the cost drivers within our legal system, such as medical billing transparency, comparative fault, and general damages,” Temple said. “These are measures that we know will make a significant difference and begin to lower costs for families and businesses.” Source link
Charles Ferdin, managing partner, emphasized the opportunity to deepen engagement with Latino families, a key customer base for the firm. “As a Latino, the ability to offer financial protection and security to the Latino family is critical – PSLIC’s life insurance platform combined with our unique distribution strategy perfectly complements the wide array of mortgage…
