“To manage their exposure, insurers are adopting more conservative strategies, including higher attachment points or stricter risk selection criteria, and, in some cases, are completely exiting high-risk sectors, such as trucking, certain types of healthcare, construction, or hospitality,” Gaffigan said.
Established in 1988, Retailers Casualty specializes in providing workers’ compensation coverage to over 2,200 businesses across Alabama, Arkansas, Louisiana, Mississippi, Oklahoma, and Texas. The company is managed by Summit Consulting LLC, which provides underwriting, policy administration, claims management, and loss prevention services. Source link
Proposed changes to New Mexico’s Fair Plan Matt Hunton, president and chief executive officer of Independent Insurance Agents of New Mexico, said insurers may reconsider their presence in the state if required to assume risks beyond their capacity. He said that as for-profit businesses, insurers will withdraw from the market if forced into unsustainable practices. …
Top Insurance Car Company in New York Finding the right car insurance can be a challenge, especially in a bustling place like New York. The top insurance car company in New York is Geico, known for its competitive rates and excellent customer service. They offer various coverage options that cater to diverse needs, making them a…
Arch argued that it repeatedly requested EUOs from TnT Family’s owners, Teresa and Kendall Walles, starting in November 2023, months before the plaintiffs filed suit. When the plaintiffs refused to comply, the insurer moved to abate the case — a procedural halt — until the examinations could be completed. Source link
