Allstate knocks it out of the park with profits

The growth is due to strong sales in Canada and the US Source link

She also argues that with such risk, there must be a collaborative approach: “Today’s interconnected risk landscape, the rapid escalation of emerging threats, and their potential for global impact demand a more proactive, integrated approach. This calls for cross-functional collaboration, with risk managers leading efforts to break down organisational silos and adopt a holistic, enterprise-wide…

Interestingly, Dr. Martin agreed that a custom brace and orthotic might help manage the ankle symptoms, as suggested by Dr. Alvarez. But he emphasized that treatment plans alone don’t establish a diagnosis, and that pain – no matter how limiting – is considered a symptom, not a condition, under West Virginia law. Source link

The upstream market, which has seen a 5% growth in capacity, is benefiting from a quiet year for losses. This growth continues to fuel soft market conditions. Insurers are under pressure to expand their market share, which has led to reductions in rates and an increasing willingness among underwriters to take on leadership roles, further…

In today’s turbulent economy, few industries feel the impact of inflation as acutely as the construction sector. Inflation has caused unprecedented material costs, casting a shadow of uncertainty over construction projects, large and small. Alongside material challenges, companies can expect other consequences of the construction inflation rate, such as project delays and increased operational costs….

Earlier in the legislative session, lawmakers considered creating a formal risk pool for commercial fishermen, modeled after municipal programs. Insurance Commissioner Lori Wing-Heier said such a pool could be established but noted concerns about funding and eligibility. She said the industry’s current financial condition could limit its ability to sustain a risk pool and added…