Climate, cyber, AI risks interlinked and accelerating, warns Nationwide EVP
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He urges resiliency focus as insurers adapt to compounding exposures and tech shifts
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He urges resiliency focus as insurers adapt to compounding exposures and tech shifts
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[ad_1] The company is looking to convert to a mutual holding company structure [ad_2] Source link
[ad_1] The dispute arose from a lease agreement executed in February 2019, under which Hembree Insurance Trust leased a 135,847-square-foot industrial building in Scottsboro, Alabama, to Maples Industries for a five-year term running from January 1, 2020, through December 31, 2024. The lease obligated Maples to maintain the property, including a clause specifying that Maples…
[ad_1] Gordy Bunch (pictured), CEO of The Woodlands Financial Group (TWFG), told IB that a rise in catastrophic events including the 2025 California wildfires coupled with Hurricanes Milton, Helen, Beryl, multiple tornado derecho events, and increased frequency of severe convective storms, means that the Lone Star State will continue to see an expanded dependency on…
[ad_1] The market is “not focused enough” on a specific exposure… [ad_2] Source link
[ad_1] In response to rising cost pressures, auto insurers saw underwriting results deteriorate, prompting significant adjustments to pricing strategies. “(Auto insurance providers) sought and received approval to raise rates. So, you’ve had several years of back-to-back, in some cases double-digit, rate increases. It culminated in 2024, with underwriting results showing a big improvement as a…
[ad_1] Road trips are a timeless way to explore new places, spend quality time with loved ones, and create lasting memories. But before hitting the open road, it’s important to make sure you’re prepared for anything that might come your way. From pre-trip vehicle checks to understanding your insurance coverage, a little planning goes a…