February 23, 2021
February 23, 2021
February 22, 2021
February 22, 2021
February 19, 2021
February 19, 2021
Winter storm Uri, currently wreaking havoc across southern US states, looks set to become the largest on record for re/insurers, potentially surpassing the cost of 2017’s hurricane Harvey. Storm Uri landed over the US’ President’s Day weekend bringing damaging ice […]
February 12, 2021
Florida’s Office of Insurance Regulation had approved nearly a hundred insurance rate increases – reflecting the dire insurance industry conditions in the state. According to court documents obtained by News 6 WKMG, dozens of property insurance companies filed for insurance […]
February 4, 2021
Another quarter brings another round of price increases for global commercial insurance. This time, prices jumped by 22% in Q4 of 2020, according to Marsh’s “Global Insurance Market Index.” The latest increase is the largest since the index was launched […]
Geo-Political, Risk Management
February 18, 2021
Reinsurance NewsUniversal Insurance Holdings, the Florida headquartered and expansive primary insurance carrier, has announced that it expects to incur a total net impact of $76.0 million due to catastrophe losses in Q4. This figure ($57.7 million after-tax) covers estimated weather events […]
February 17, 2021
Insurance JournalThe Supreme Court of the state of New York, Nassau County, has dismissed a movie theater’s claims that its insurer is responsible for covering its COVID-19 related losses and that its insurance brokers were negligent in providing insufficient coverage. This […]
February 17, 2021
Insurance BusinessPresident Joe Biden has officially started his term, and with the Democrats back in power after four years of Republicans guiding American policies, there are sure to be many changes afoot – some of which will have implications for the […]