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Electrical manufacturers operate in a complex landscape, balancing high-value equipment, intricate supply chains, and strict safety regulations. The right insurance coverage is critical to safeguarding operations and financial stability, from equipment breakdowns to liability risks. To better understand the key risks electrical manufacturers face—and the coverages that help mitigate them—we sat down with Rachel Pinsonneault,…

Fortified roofs drive insurance for Louisiana homeowners
At the time of initial funding, there were 313 Fortified-certified roofs in the state, according to the auditor’s report. As of Feb. 1, 2025, that number had increased to 5,413, representing a 17-fold growth over two years. The report noted that 64% of these certifications were not funded by the LFHP. Source link

Amtrust-owned Associated Industries Insurance prevails in crane injury case
The ruling, issued by Judge Cynthia M. Rufe of the US District Court for the Eastern District of Pennsylvania, stems from a March 5, 2022 accident at a high-rise construction site in Philadelphia. A crane’s rigging system detached and fell from an upper level of the site at One Dock Street, striking two workers, Joshua…

Xceedance chooses new global COO
Sankaran has more than 30 years of experience in global operations and transformation roles across several industries, including insurance, healthcare, finance, procurement, and human resources. He has held senior positions at Wipro, Accenture, GeBBS Healthcare Solutions, WNS, GE Capital, and Pfizer, managing global teams and client portfolios in various market conditions. Source link