W.V. Supreme Court reinstates workers’ comp benefits in MRI dispute

Wildfires reverse rate moderation  After signs of stabilization in 2024, the commercial property market experienced renewed pressure following major wildfire events. In January, the Palisades and Eaton Fires in Los Angeles County destroyed more than 16,000 structures, quickly depleting reinsurers’ catastrophe budgets for the year. Though 2024 reinsurance renewals were broadly favorable, the early surge…

In 2025, the Affordable Care Act (ACA) reporting saw a simplification with Form 1095-C only needing to be distributed upon request. . The telemedicine exception for High Deductible Health Plans (HDHPs)/Health Savings Account (HSA) plans was also eliminated. Furthermore, new HIPAA privacy rights regarding lawful reproductive health care were established.  Simplified ACA Reporting: Form 1095-C, which details employer-provided health…

Strategy aims to fill gaps left by retiring professionals Source link

“Hub’s unparalleled middle market experience over the past 25+ years delivering industry and product specialization and risk management solutions brings a significant differentiation and level of expertise to our clients,” said Marc Cohen, chairman and CEO of Hub International. “Our ongoing investments in innovation, proprietary products, and strategic M&A, along with our commitment to learning…

The NFIP, once the only option for homeowners and businesses, has long been criticized for its low coverage limits and lack of flexibility. With rising flood risks due to climate change and evolving property needs, consumers have sought alternatives that address losses beyond structural damage – like business interruption and building upgrades. Source link

Turmoil, shadow fleets, and mis-declared cargo affect marine risk priorities Source link