Allstate expects $1.17B in catastrophe losses for first two months of 2025

[ad_1] Robust insurance coverage is a cornerstone of effective risk management for small businesses. A single uninsured event—such as a fire, flood, cyberattack or critical equipment failure—can cause severe financial disruption, halt operations and, in some cases, threaten long-term viability. Yet, despite these risks, underinsurance remains a frequently overlooked vulnerability. Whether due to outdated valuations…

[ad_1] International expertise to enhance response systems and case coordination [ad_2] Source link

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[ad_1] ‘Just being transparent can drastically lower the chance of a future clash happening,’ says expert [ad_2] Source link

[ad_1] In the US, operating DPW declined 3%, mainly due to the non-renewal of a large account. The region’s combined ratio improved slightly to 86.8%, helped by rate momentum across most lines. In the UK and Ireland, operating DPW fell 4% as portfolio remediation efforts continued. The combined ratio in that segment rose to 97.6%,…

[ad_1] Additionally, Gallagher expanded its presence in the Southeast by acquiring Sheila J. Butler & Co., a Georgia-based employee benefits firm. The firm, with over 25 years of experience, continues to operate from its Carrollton, Georgia location under Gallagher’s Southeast region employee benefits consulting operations. [ad_2] Source link