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Texas Senate approves bill on regulations regarding insurance rates changes
[ad_1] Senate Bill 1643 would mandate regulatory approval for any proposed rate adjustment, whether an increase or decrease, exceeding 10%. If the commissioner does not act within 30 days, the rate would take effect automatically, unless it involves an increase of 10% or more. [ad_2] Source link

Travelers unit faces lawsuit for denying hail loss claim
[ad_1] Court asked to compel appraisal process after storm damage dispute [ad_2] Source link

Climate, cyber, AI risks interlinked and accelerating, warns Nationwide EVP
[ad_1] He urges resiliency focus as insurers adapt to compounding exposures and tech shifts [ad_2] Source link

Final chance: join top industry leaders at Women in Insurance Summit Chicago 2025
[ad_1] This year’s summit is bigger than ever, uniting top industry executives, rising stars, and change-makers for a day of powerful conversations and career-defining connections. With leaders from WTW, Assurant, HUB International, Nexus Group US, and Munich Re – plus a special keynote from Emmy-winning anchor and investigative reporter Molly Grantham – you’ll gain the…

Trade war spurs insurance policy demand
[ad_1] Legal professionals are assessing the insurance implications of trade-related disruptions. According to Pillsbury Law’s Jeff Kiburtz and Lisseth Ochoa-Chavarria, several lines of coverage may be affected, including political risk, directors and officers liability, builder’s risk, subcontractor default, and marine insurance. Although tariffs do not cause physical damage, the financial and operational fallout may lead…

What’s behind the great sustainability stall?
[ad_1] Ignoring environmental exposures is a gamble most firms can’t afford [ad_2] Source link