The City of Peterborough is weighing a considerable modification to its downtown patio program, a scheme that has provided businesses the opportunity to extend their outdoor seating onto municipal property. The proposed change revolves around an increase in the required liability insurance coverage
In today's digital age, where technology continually evolves, the landscape of cyber threats is constantly changing and expanding, posing significant risks to businesses and managed service providers (MSPs) alike. With cyber incidents becoming more frequent and sophisticated, the need for
The Marsh Global Insurance Market Index for the fourth quarter of 2024 reveals significant shifts in global commercial insurance rates, reversing a seven-year trend of consistent rate increases. The overall global insurance rates declined by 2%, marking the second consecutive quarterly decrease.
The property and casualty (P&C) insurance industry is on the brink of significant transformation as it approaches 2025. Customer expectations are evolving rapidly, driven by technological advancements and shifting risk landscapes. Insurers must adapt to these changes to stay competitive. This
The devastating California wildfires have left lenders grappling with the complex issue of releasing insurance proceeds for the repair and restoration of damaged properties. As entire communities are laid to waste and property values significantly diminish, lenders face the daunting task of
The reinsurance sector has been increasingly leaning toward innovative capital solutions and the involvement of third-party investors, reflecting a collaborative and multifaceted approach to managing risk. Nicole Chase's recent appointment as the Deputy General Counsel for Capital Partners
