[ad_1] “We looked at 14 pools, different pools around the world, [and] most of these pools do not bring focus to the importance of resilience,” said Golnaraghi. “In fact, most of them, because of solidarity based principles, allow people to live in high-risk zones.” [ad_2] Source link

[ad_1] “We looked at 14 pools, different pools around the world, [and] most of these pools do not bring focus to the importance of resilience,” said Golnaraghi. “In fact, most of them, because of solidarity based principles, allow people to live in high-risk zones.” [ad_2] Source link

[ad_1] At Central, we know our homes wouldn’t be complete without our furry companions. Whether you’re bringing home a new puppy or you’ve had the same loyal companion for years, it’s important to understand how dogs and homeowners insurance work together—and where they don’t. Property Coverage: What’s Not Covered Let’s start with a common misconception:…

[ad_1] Insurance Business’ latest Competitor Analysis – Private Passenger Auto Insurance offers a rare and behind-the-headlines view of how these five behemoths are navigating the post-pandemic auto insurance landscape, one defined by margin compression, loss volatility, and digital acceleration. The report dissects the real-time consequences of strategy, structure, and speed by drawing on insights from…

[ad_1] The biggest concern for underwriters like Howard isn’t just tariffs alone, it’s how they amplify existing inflationary pressures on parts, labor, and claims payouts. Aviation insurance, particularly for smaller operators such as flight schools, seaplanes, helicopters, and aerial mapping businesses, already operates on tight margins and complex risk profiles.   [ad_2] Source link

[ad_1] The dispute arose after a patient, M.G., who was covered by Medi-Cal, received emergency and ongoing treatment from Dameron following an automobile accident. During the admissions process, either M.G. or her representative signed the hospital’s Conditions of Admission (COA) form. That form included an AOB clause covering “all uninsured and underinsured motorist insurance benefits…

[ad_1] During his tenure, Falvey established and led the company’s legal department, overseeing matters related to underwriting, loss prevention, claims recoveries, and regulatory compliance. He also developed Falvey’s legal internship program, supporting the firm’s engagement with legal education and talent development.  [ad_2] Source link

[ad_1] Between 2018 and 2024, the average total payment obligation to the claimant (TPOC) increased by 52%, while the consumer price index rose only 25% over the same period. The data indicates that settlement values are outpacing general inflation, and Verisk’s analysis points to several influencing factors.  [ad_2] Source link

[ad_1] The shorter month of February dampened some momentum compared to Q1 2024, which had an extra business day due to the Leap Year. Despite this, several regions saw marked increases in shopping volume. Ten states experienced growth of 20% or more, including Hawaii (59%), New Jersey (43%), Washington (33%), and Massachusetts (31%).  [ad_2] Source…

[ad_1] Move adds group health, life, and disability depth to national portfolio [ad_2] Source link

[ad_1] Executive reshuffle signals shift in global market strategy Under the new structure, Sarah Stephen has been promoted to head of liability and will oversee the General Liability and International Casualty MGA teams, both based in London. She will report to Dax Gulmohamed, who has expanded his remit to include oversight of all Global Markets…

[ad_1] A legislative refresh is breathing new life into a decades-old charter in Thornwood, New York. Senate Bill S8232, introduced on May 27, 2025, updates the 1945 founding law of the Volunteer and Exempt Firefighters’ Benevolent Association of Thornwood, New York.  [ad_2] Source link

[ad_1] Fraser McLachlan, current chief executive of GCube, has been appointed chairman of TMGX. Ben Kinder, chief underwriting officer for marine, energy & renewables at Tokio Marine HCC International (TMHCCI), will serve as TMGX’s CUO in addition to his existing responsibilities at TMHCCI. [ad_2] Source link

[ad_1] Executive reshuffle signals shift in global market strategy Under the new structure, Sarah Stephen has been promoted to head of liability and will oversee the General Liability and International Casualty MGA teams, both based in London. She will report to Dax Gulmohamed, who has expanded his remit to include oversight of all Global Markets…

[ad_1] A new bill introduced in the New York State Senate proposes to streamline oversight of podiatrists, chiropractors, and psychologists who treat injured workers under the state’s workers’ compensation system.  Senate Bill 8240, sponsored by Senator Ramos at the request of the Workers’ Compensation Board, was introduced on May 27, 2025, during the 2025-2026 legislative…

[ad_1] Louisiana lawmakers are asking whether the big insurance fixes they passed earlier this year are actually making a difference. With premiums still sky-high and insurance carriers slow to return to the market, they’ve called for a thorough check-up on the state’s insurance health.  In a resolution passed during the 2025 legislative session, officials requested…

[ad_1] A life of nearly 100 years remembered for unwavering service to others [ad_2] Source link

[ad_1] The new legislation, Landry explained, is aimed at reining in what he described as “a cultural problem of frivolous litigation,” driven in part by lawyer advertising. He noted that while Louisiana’s rate of car accidents and repair costs align with national averages, the state sees disproportionately high minor injury claims—twice the national average. [ad_2]…

[ad_1] With the passage of Senate Bill 831 during the 2025 legislative session, state lawmakers have expanded regulatory requirements for insurers that are part of holding company systems. The new provisions, which become operative on January 1, 2026, revise five key sections of Oregon Revised Statutes—ORS 732.548, 732.553, 732.569, 732.574 and 732.586—and bring Oregon in…

[ad_1] The legislation, which becomes effective September 1, 2025, aims to anchor dispute resolution in familiar legal territory for Texas-based insureds, while allowing flexibility for larger, more complex risks. It reflects a clear intent to ensure that the interpretation and resolution of surplus lines insurance contracts for in-state risks are handled under Texas jurisdiction, unless…

[ad_1] The dispute arose after a patient, M.G., who was covered by Medi-Cal, received emergency and ongoing treatment from Dameron following an automobile accident. During the admissions process, either M.G. or her representative signed the hospital’s Conditions of Admission (COA) form. That form included an AOB clause covering “all uninsured and underinsured motorist insurance benefits…

[ad_1] “Through our partnership with the North Island Credit Union Amphitheatre, we’re shining a spotlight on those who go the extra mile and have an outsized impact on their local communities,” said Erik Thompson, VP and chief marketing officer of Mercury Insurance. “These heroes don’t do it for the recognition, which is why we want…

[ad_1] What’s impacting the cyber threat environment in 2025? In today’s landscape, staying ahead means understanding the factors underpinning the cyber trends dominating cyber discussions – with AXA XL’s cyber lead for APAC and Europe, Carlos Rodriguez, highlighting several major themes. AI is the first of these, he said, as the sector is seeing different…

[ad_1] “This is not just about a rare fluke,” said Khanna. “The Baltimore incident forced the industry to reconsider its assumptions about the safety and stability of port infrastructure. And now, barely a year later, we have another event, albeit on a smaller scale, that again raises the same red flags.”  [ad_2] Source link

[ad_1] “In the US, there are state level privacy laws,” he said. “There’s also been a federal refocusing on data security as a national security matter, as highlighted by the Department of Data Security Program that went into effect in April 2025. This means there’s been an increased scrutiny of AI technologies and, on top…

[ad_1] Foreclosures increase as coverage gaps and higher risks drive market withdrawals [ad_2] Source link

[ad_1] Veteran strategist brings reputation expertise to support branding across two countries [ad_2] Source link

[ad_1] According to Fitch, the sector recorded a combined ratio of 97%, down from 107% in 2023. The improvement ended a three-year stretch of underwriting losses, with the turnaround driven by easing claims severity, steady claim frequency, and higher premiums from rate increases.  [ad_2] Source link

[ad_1] Neo also engages directly with carriers, managing general agents, and affiliated agents to support product development and market deployment. Its operations include automation, data consolidation, and business integration, helping partner firms create tailored insurance offerings.  [ad_2] Source link

[ad_1] The survey, which gathered responses from 500 senior executives worldwide, found that 65% identified cyber attacks as the primary reputational risk, up from 52% in 2023. Environmental concerns followed closely, cited by 64% of respondents, also a rise from 52% the previous year. [ad_2] Source link