The landscape of event insurance is undergoing significant shifts as organizers continue to grapple with an array of challenges and complexities. Event insurance costs have surged due to increasing security threats, new legislative requirements, and climate change impacts. This scenario presents a
Efforts to alleviate homelessness and provide affordable housing in the United States face significant hurdles as rising insurance premiums and coverage gaps increasingly strain non-profit housing providers. This pressing issue extends beyond the already challenging landscape of a rising
In a compelling exploration of overlapping insurance responsibilities, the recent decision in the Tennessee Court of Appeals case, HG Jones, LLC v. Jordan Howell et al., shines a spotlight on a complex aspect of commercial insurance that often goes unnoticed until disputes arise. The decision
As the frequency and intensity of extreme weather events continue to escalate, the insurance industry faces a transformative period marked by increased volatility and risk. This shift necessitates significant adaptations within traditional operational frameworks, emphasizing the crucial role of
PremFina, the UK's fast-growing insurance premium finance provider, has recently secured a remarkable £350 million private securitization facility through collaboration with HSBC and Waterfall Asset Management. This substantial investment is a testament to the confidence these prestigious
As catastrophic events become more frequent and severe, the property insurance industry faces unprecedented challenges necessitating significant adjustments to traditional strategies. Hurricanes, wildfires, and unexpected weather phenomena are increasingly impacting property risks, forcing insurers
Critical illness insurance is a pivotal safety net that offers financial protection when faced with life-altering health conditions. Canada Life's approach to critical illness insurance presents policyholders with a mix of opportunities and challenges. This insurance type is designed to provide a
In today's increasingly digital and interconnected world, motor insurance fraud presents a complex challenge with severe financial and legal implications for unsuspecting drivers. Recent developments in fraud detection have spotlighted the alarming rise of "Ghost Broking" scams, specifically
In recent years, the intersections between major insurance companies' investment strategies and their stance on environmental sustainability have raised significant ethical concerns. These corporations face scrutiny for their contradictory practices, where they invest in liquefied natural gas (LNG)
A recently introduced Senate bill is approaching the health insurance framework with proposed changes that could shift costs significantly across the market. The "Supporting Healthy Moms and Babies Act," brought forward by a group of senators, mandates comprehensive coverage without copays for
