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What was once a fiercely hard market marked by tight capacity, high rates, and restrictive terms has, over the last year and a half, softened in dramatic fashion. That change didn’t come overnight, according to Michelle Yuko (pictured on the right), EVP at Amwins Insurance Brokerage.
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[ad_1] Foster testified that, following six years of research, he believes only the Mennonite church would qualify under the bill’s conditions. He noted that other states, including Kentucky, have similar allowances in place, although the Maine proposal featured more restrictive requirements. [ad_2] Source link
[ad_1] King was elected to a full term in 2022 and became the first Hispanic candidate in Georgia history to win statewide office. During his tenure, King has overseen regulatory matters involving insurance carriers, agents, and fire safety across the state. His office has been responsible for managing responses to severe weather events, addressing market…
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[ad_1] The new legislation, Landry explained, is aimed at reining in what he described as “a cultural problem of frivolous litigation,” driven in part by lawyer advertising. He noted that while Louisiana’s rate of car accidents and repair costs align with national averages, the state sees disproportionately high minor injury claims—twice the national average. [ad_2]…
[ad_1] New research warns Antarctic sea ice loss could prompt irreversible climate shifts – raising sea levels and reshaping insurance risk [ad_2] Source link
[ad_1] Rate hikes slow and new carriers arrive [ad_2] Source link
