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Insurance professionals get ready to step up as consumer confidence plunges to four-year low
“In times of economic uncertainty, having trusted insurance partners that are there to be with you through the good times and step in during the bad times is more important than ever,” said Graham Topol, co-founder and co-CEO of MGT Insurance. “We take our role very seriously — it’s more important for us to be…

Allstate ordered to show bonus plans over storm damage claim refusal
3. Discovery sanctions Chenevert also sought attorneys’ fees and costs as sanctions, arguing that Allstate’s discovery objections were improper. However, under Rule 37 of the Federal Rules of Civil Procedure, Whitehurst declined to impose sanctions, noting that while the court partially overruled Allstate’s objections, there was no clear evidence of bad faith in the discovery…

Allianz renews commitment to Olympics and Paralympics until 2032
The partnership also places Allianz in key markets, with France and Australia collectively contributing more than 10% of its operating profit in 2024. Since 2021, Allianz has supported the Olympic Movement, including the Paris 2024, Milano Cortina 2026, and LA 2028 Games. Source link

How strong is capacity in construction insurance?
WTW’s Jim Dunlap and Lockton’s Chase Johnson make up the first Construction Insurance Power Panel of 2025. In this discussion, they examine current capacity and appetite among carriers, contract scrutiny, CPL and offer their predictions for the market. Source link

Regulatory uncertainty clouds environmental liability insurance market
“A decade ago, 10-year policies were common. Five years ago, five-year terms were easy to secure,” she said. “Now, many carriers limit policies to three years, or even just one year in some cases. This shift stems from growing uncertainty – insurers want the flexibility to reassess risks annually, accounting for changes in regulations, climate,…