Commercial

Climate Change Raises Insurance Costs, Shrinks Coverage
Insurance Climate Change Raises Insurance Costs, Shrinks Coverage

After years of dismissing warnings from his own climate scientist daughter, a conservative father finally accepted the reality of climate change when one unlikely authority presented irrefutable evidence: the insurance industry. The fact that every major insurance company now employs climate

Employers Use Gap Insurance to Bridge Coverage Gaps
Insurance Employers Use Gap Insurance to Bridge Coverage Gaps

The widespread adoption of high-deductible health plans has created an unintended and often daunting financial reality for millions of American workers, transforming what was meant to be a cost-control measure for employers into a significant source of out-of-pocket anxiety for their employees. As

UK Court Rules on Dueling Reinsurance Jurisdiction Clauses
Insurance UK Court Rules on Dueling Reinsurance Jurisdiction Clauses

The seemingly innocuous act of signing two separate documents for a single reinsurance agreement can inadvertently ignite a multimillion-dollar legal battle over where a dispute will be heard. A pivotal UK Court of Appeal ruling now provides critical guidance, reinforcing that in the complex world

Can Small-Town Service Build a National Giant?
Insurance Can Small-Town Service Build a National Giant?

From its unexpectedly modest headquarters in Traverse City, Michigan, a new kind of insurance brokerage has rapidly orchestrated an explosive rise, reshaping the competitive landscape of a centuries-old industry. Highstreet Insurance Partners, established just nine years ago, has transformed from a

How Will DCL's New Structure Help Brokers?
Insurance How Will DCL's New Structure Help Brokers?

The relentless convergence of rising claims costs, capacity shortages, and inflationary pressures has created an exceptionally turbulent environment for brokers navigating the UK commercial motor insurance landscape. In this high-stakes climate, the agility and expertise of underwriting partners

Global Insurance Rates Fall as Soft Market Deepens
Insurance Global Insurance Rates Fall as Soft Market Deepens

With a specialized focus on AI-driven risk assessment, Simon Glairy is a leading voice in the insurance and Insurtech sectors. Today, he joins us to dissect the dramatic shift in the global commercial insurance market. After seven years of relentless rate hikes, the industry is now in its sixth

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