Commercial Lines
What to Expect in Commercial Lines: Stability+ ‘Micro-Actions’
WTW characterized commercial insurance rates as balanced and stable in a report last week. But as Hurricane Milton approached, the broker warned of upcoming disruption. "The current state of affairs ...
The Latest Hurricane Helene Insured Loss Estimates: Totals Move Higher
Early estimates of Hurricane Helene U.S. private insurance market losses in the $5 billion to $10 billion range have moved up higher in recent days, with Moody's RMS offering the latest estimates of ...
Rural Mutual, Badger Mutual Agree to Affiliate
Wisconsin-based mutual insurers, Rural Mutual Insurance Company and Badger Mutual Insurance Company, have announced an affiliation. The affiliation is subject to regulatory approval with an ...
WCRI Study Shows Impact of Attorney Representation on Workers Comp
Attorney involvement in workers compensation claims substantially increases total indemnity benefits paid to workers, a new study of nearly 1 million claims shows. A study from the Workers ...
U.S. East Coast Dockworkers Strike, Halting Half the Nation’s Ocean Shipping
Dockworkers on the U.S. East Coast and Gulf Coast began a strike early on Tuesday, their first large-scale stoppage in nearly 50 years, halting the flow of about half the nation's ocean shipping ...
Agent Satisfaction With Insurers Holds Strong Despite Market Challenges
Overall agent satisfaction with insurers of both personal lines and commercial lines has held strong despite a challenging underwriting environment, says a new J.D. Power study, with commercial lines ...
AI Being Used to Scam Small Business Owners, Says Nationwide Survey
Just when employees have learned to ignore scammy texts and emails from the boss, along comes the next generation of impersonation using artificial intelligence. Cybercriminals increasingly use ...
AccuWeather Raises Helene Total Damage Estimates by $50B; Insured Loss Estimates Not Ready
While inland flooding complicates the picture of still-to-be-determined insured loss estimates from Hurricane Helene, a weather forecasting firm has already delivered a second estimate of total ...