“A lot of cluster groups are a great social club, and they might share, ‘Hey, I landed this piece of business with this carrier,’ but it’s not a structured sharing of information, of data. Nor can one agent really speak for the others in the cluster. They’re just the spokesman this year, whereas an agency network has more ability to truly represent the agencies as a group,” Pearson said.
However, during the hearing, Zurich disclosed that approximately 15 to 20 employees handled war-risk claims. Judge Corley directed the primary insurers to query those individuals about any prior claims involving vessel seizures, captures, or detainments, and to share their findings with Chevron. Source link
“Danny’s extensive experience in strategic benefits consulting, carrier relationships, and market analysis makes him a valuable asset to our team,” said Kevin Overbey, president of Alliant Employee Benefits. “His ability to develop tailored solutions that align with business goals while maximizing employee value will help our clients optimize the value of their programs.” Source link
Matt Brannon, who authored the report, said tariffs affecting imports from countries such as China, Canada, Mexico, Japan, and Vietnam will disrupt the construction supply chain and add to repair costs. He noted a similar outcome during the COVID-19 pandemic, when material shortages and price hikes also contributed to higher insurance rates. Source link
The plaintiffs, which included Travelers and a group of insurers affiliated with Philadelphia Indemnity, reimbursed their insureds for expenses following the breach, including costs of forensic investigations, legal counsel, constituent notifications, and credit monitoring. Their insureds—more than 100 nonprofit and educational organizations across 35 states and the District of Columbia—used Blackbaud’s software to manage donor…
