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Between a Rock and a Hard Place: Insurers Struggle With Policy Rewrites
Commercial insurers are engaged in coverage language rewrites en masse this year, but "The Great Policy Rewrite" faces some serious obstacles, a coverage lawyer said recently. Even if carriers are ...
COVIDigation Nation Revisited: Analyzing the Late Summer Surge
Hello, devoted COVIDigation Nation readers. This is article two in a series tracking insurance lawsuits related to COVID-19 business claims (i.e., COVIDigation). It's kind of like a serial comic ...
Why Product Diversification Into E&S/Specialty Matters: A Q2 Top-Line Analysis
Looking at the second-quarter earnings reports of leading insurers, the argument for product diversification has never been stronger. Results are in from this COVID-impacted quarter, and they ...
Hardening Re Market Doesn’t Look Like Mid-1980s or 2005
Reinsurance price hikes and capacity changes are not reminiscent of prior hard markets, participants said in quasi-Rendez-Vous meetings, with some going as far to say that current price changes are ...
COVID-19 Crisis Reveals Contract Clarity Lessons, Digital Opportunities: Flandro
In every crisis, lessons must be learned, but opportunities also are revealed. And so it goes with the COVID-19, which has shown the need for contract certainty in the re/insurance industry, while at ...
Insurance Plays Key Role in Civil Rights Settlements Against Law Enforcement
Municipalities, their insurers and risk pools should be heeding the current public re-examination of police and prosecutorial actions taking place across the country, according to an insurance ...
Envelop Risk Paves the Way as InsurTech Reinsurance MGA
Managing general agents for reinsurance are rare. Reinsurance MGAs that write cyber are even rarer, which is the world that Envelop Risk inhabits. "We think we're the only InsurTech firm involved in ...
MGA New Paradigm Aims to Bridge the Natural Catastrophe Protection Gap
Evan Glassman saw a gap in the property insurance market—literally. Glassman, working as a retail producer in south Florida for most of his career, realized that the insurance industry's products ...