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What Vacant Land Insurance Policies Should I Invest In?
Vacant land is purchased for various reasons, such as long-term investment, customization for future development, potential appreciation, and minimal maintenance costs. It can also serve multiple purposes, including agriculture, storage, or recreational use, so it’s no surprise land sales rose 1.2% in 2023 and continue to rise. Insuring vacant land can present unique challenges due…
Heritage faces disaster losses as net income declines
Wildfire and hurricane claims affect E&S business in California Source link
Brown & Riding Taps principal to lead healthcare practice
Jeffrey Jarboe, who previously led the healthcare practice, expressed confidence in the transition, describing Fox as a natural choice for the role. “Dennis is a great fit to lead our healthcare practice. His deep expertise, extensive experience, and thoughtful approach align well with the next phase of growth for the group and our clients’ evolving…
Trump’s anti-DEI win could raise D&O, EPL costs
Firms brace for rise in litigation risks Source link
Root, Hyundai join forces to expand auto insurance
“This collaboration further diversifies and expands Root’s offerings across distribution channels,” said Alex Timm, Root’s co-founder and CEO. “Our partnership channel has seen new writings increase 115% year-over-year as our pipeline continues to expand across the automotive, financial services, and agent sub-channels.” Source link
Allstate agent faces lawsuit over lapsed flood policy
The case, Gerald J. Candeloro v. Allstate Insurance Co., et al., involves a dispute between Gerald J. Candeloro and Jason Garoppolo, an Allstate agent and owner of the insurer’s Groton, Connecticut franchise. Candeloro, who owns property in Mystic, Connecticut, had consistently purchased a FEMA flood insurance policy for the property through Allstate since 2000. His…