Markel, Protecdiv announce senior appointments to boost specialty insurance lines
Industry vets bring expertise in terrorism underwriting and nationwide construction strategy
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How wholesale brokers are becoming indispensable in today’s insurance market
Demand rises as admitted insurers retreat Source link
Insurers see trade wars, inflation as growing investment risks — survey
Trade policy and economic uncertainty Since returning to office in January, President Donald Trump has introduced and modified tariffs on major trade partners, including China, Canada, and Mexico. A Wall Street Journal report on March 23 suggested the administration planned to narrow the scope of new tariffs set to take effect in April, opting for…
Montana bill to redirect insurance tax to property
The legislation also amends the fee structure applied to insurers and insurance professionals operating in the state, including adjustments to licensing fees for producers, adjusters, consultants, viatical settlement brokers, and rental car entity producers. While the primary fee structure remains largely unchanged, the reallocation of tax revenue may signal a shifting focus from direct insurance…
Polygraph tests: US Homeland Security addresses internal leaks
‘We can, should, and will polygraph personnel,’ says DHS: report Source link
Wildfire lawsuits miss the mark on California’s real insurance crisis, insurance brokers say
“There’s a disconnect in California with some well-meaning consumer groups who don’t understand that insurance companies can’t continuously lose money and stay in business,” Jones said. “Instead of forcing carriers to subsidize wildfire losses through litigation, we should be focusing on prevention and mitigation—on hardening homes, building defensible zones, and using ember-resistant vents. Government also…
Why the lowest price doesn’t always mean the best property insurance deal
What’s going on in the property market? What was once a fiercely hard market marked by tight capacity, high rates, and restrictive terms has, over the last year and a half, softened in dramatic fashion. That change didn’t come overnight, according to Michelle Yuko (pictured on the right), EVP at Amwins Insurance Brokerage. Source link