Rebranded and refocused, Cotality tackles wildfire and hail risks

[ad_1] Umbrella and excess coverage, along with commercial auto, saw the most significant increases [ad_2] Source link

[ad_1] In January, Tokio Marine Highland marked the 30th anniversary of its Private Flood Division, originally established by Heinrich in 1995. The division, which began in Heinrich’s garage, has evolved into a market leader in private flood insurance, offering residential, commercial, and excess flood coverage. [ad_2] Source link

[ad_1] If enacted, the legislation would require the governor to appoint the insurance commissioner from a shortlist of candidates selected by a committee made up of lawmakers, insurance regulators, consumer advocates, and industry representatives. An amendment added to the bill would grant the Senate authority to confirm the appointment, introducing an additional layer of oversight….

[ad_1] Aon’s global chief broking officer explains why “business as usual” is over [ad_2] Source link

[ad_1] “I encourage you to embrace my lord and savior Jesus Christ” [ad_2] Source link

[ad_1] Despite a surge in extreme weather events, only 20% of executives rank climate-related catastrophic risk as a top concern. At the same time, 72% report adopting new risk management procedures in response to severe weather, signalling a reactive rather than proactive approach to climate adaptation. Insurers warn that without stronger risk mitigation strategies, businesses…