Element Fleet Management Corp., the world’s largest publicly traded, pure-play automotive fleet manager, has announced the launch of Element Risk Solutions. This new offering is a fully integrated risk management service that combines insurance coverage placement with industry-leading claims
In a landmark decision in February 2024, the Supreme Court clarified the enforceability of choice-of-law clauses in marine insurance contracts under federal maritime law. The unanimous 9-0 decision in Great Lakes Insurance SE v. Raiders Retreat Realty Co., LLC, authored by Justice Brett Kavanaugh,
The recent wildfires that have ravaged parts of Los Angeles have left behind a trail of destruction, affecting thousands of homes and businesses and causing unprecedented financial losses. As the flames continue to burn, the urgency for both businesses and homeowners to prepare and file insurance
The Prudential Regulation Authority (PRA) has recently issued a significant Dear CEO Letter, outlining its expectations for UK insurers by the year 2025. This letter places a substantial emphasis on the Bulk Purchase Annuity (BPA) market, which has been experiencing unprecedented growth and
The Consumer Product Safety Commission (CPSC) plays a crucial role in safeguarding the public from potentially dangerous consumer products. Recently, the CPSC announced recalls for several widely used products known to present serious fire hazards. These announcements have stirred concerns
In today’s rapidly evolving cybersecurity landscape, many organizations continue to rely on external consultancy firms or manually updated risk registers for conducting risk assessments. Although these approaches can bring a level of expertise or structure, they often prove to be expensive, slow to
