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As of Sunday, maximum sustained winds were near 40 mph, with some strengthening possible in the next 48 hours. However, the NHC said the storm posed no immediate threat to land, reducing the risk of property damage and insurance claims. Meteorologist Phil Ferro noted that Fernand “could get better organized by Monday, but should weaken by midweek while staying far from land.”
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[ad_1] US businesses face costlier workplace injuries on top of labor shortages [ad_2] Source link
[ad_1] How are industries adapting their risk management? [ad_2] Source link
[ad_1] They include certain promotions and a new underwriting chief [ad_2] Source link
[ad_1] This announcement follows a series of recent ALKEME acquisitions amid significant economic developments in early 2025. On April 2, President Donald Trump announced sweeping tariffs on imports, leading to a global stock market downturn. The Dow Jones Industrial Average experienced a historic 4,000-point drop over two days, marking the largest decline since the 2020…
[ad_1] In a decision issued April 10, 2025, the Oregon Supreme Court affirmed that Continental Casualty Company retains the right to seek contribution from another insurer for environmental cleanup defense costs it paid, even after the co-insurer entered into a settlement with the insured. The court’s ruling in Continental Casualty Co. v. Argonaut Insurance Co.,…
[ad_1] Speaking to IB, he said that most industry leaders agree that the future of insurance networks will be shaped by strategic growth, technological advancements, and increased collaboration. Specifically, Strakhov pointed to discounted vendor services, specialized support in accounting, legal, financing and consulting, as well as partnerships with MGAs and wholesalers that allow agents to…
