Pa. Court Splits on Whether Coverage Owed for COVID Shutdown
A Pennsylvania appellate court ruled Wednesday that a dental practice was entitled to coverage for income lost because of the state's COVID-19 shutdown but a tavern was ...
Markets
MGA Pixel Re Launched for Global Property, Energy Risks of $500M and Above
Connect Underwriting Ltd., a London-based specialist reinsurance managing general agent, announced the availability of new capacity via Pixel Re, a new dedicated, ...
How Insurers Can Win Over Small Businesses
The opportunity insurers have with the small commercial market is tremendous. According to IBISWorld in 2022, the market size for small commercials was $240.2 billion ...
‘Droves’ of Global Re Market Entrants Unlikely; Outlook Stable: AM Best
Will 2023 reinsurance renewals mark a turning point to a "true hard market" that attracts "new capital in droves" and expands supply? Analysts from AM Best raised the question in a new Best's Market ...
Hazard Assessments Lag at Restaurant Companies: Marsh
Formal hazard assessments at restaurants are key in reducing worker injuries and insurance claims. In recent years, however, a sizable number of companies have not ...
Florida’s Homeowners Crisis Requires Insurance Stability, Legislative Reform and Smart Technology
Even before Hurricane Ian, Florida's home insurance market was hobbled by fraudulent claims, pricey lawsuits and financial mismanagement by some insurance firms.
The Louisiana Supreme Court has agreed to review an appellate court decision that found the COVID virus caused a direct physical loss that was covered by ... With recent news of multinational food and beverage company Mondelez International settling its lawsuit against its insurer Zurich American Insurance Company over the ... Hurricane Ian may result in one of the largest losses in the history of the National Flood Insurance Program and add to its current $20.5 billion debt. The mass shooting last Wednesday at a Walmart in Virginia was only the latest example of workplace violence perpetrated by an employee.
Louisiana Supreme Court to Hear Appeal of Rare Policyholder Victory in COVID Claim
Could Recent NotPetya Case Outcomes Pressure Insurers to Reword War Exclusions?
Private Flood Insurance Market Growing; NFIP ‘Adrift’: AM Best
Walmart Shooting Raises Need for Violence Prevention at Work