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Tariffs expected to put pressure on claims management
The claims sector, in particular, is vulnerable to global supply chain disruptions and material inflation that could drive up costs and slow down the resolution process. Pat Van Bakel (pictured), president, North America loss adjusted, Crawford & Company, told Insurance Business that while the full impact of tariffs is still evolving and uncertain, the industry…

Nevada bill seeks to create FAIR Plan for high-risk properties
There is also the Nevada Public Employees’ Benefits Program (PEBP), which manages and administers health and life insurance programs for qualified Nevada government employees. Established in 1963, it offers comprehensive medical, prescription drug, dental, vision, life, and long-term disability insurance. Source link

Allstate urges preparedness as hurricane season begins
Allstate has already processed more than $3 billion in weather-related claims in 2025, a figure that underscores the urgency of proactive preparation. “Storms are hitting harder and more often, putting people, homes, and communities at greater risk,” said Andrea Bessling, claims field director of Allstate’s National Catastrophe Team. “When severe weather strikes, being ready can…

Generali posts growth across all segments in Q1 update
P&C delivered an 18.7% rise in its operating result to €1.03 billion. This was attributed to robust premium growth and improved margins. The combined ratio improved to 89.7%, down from 91.0% in Q1 2024, with both loss and expense ratios contributing to the result. The undiscounted combined ratio also improved, decreasing to 92.0% from 93.7%….

Steadfast Insurance argues for Alabama jurisdiction as surplus lines coverage
Upon receiving the claim, Steadfast conducted a multi-year investigation, which included emails, phone calls, site visits, and document requests. Ultimately, the insurer denied coverage in August 2021, citing a failure to comply with the policy’s requirement for “prompt notice” of loss or damage. Source link