Industry News
Will Ian Consume Florida Cat Fund, Forcing More Back-Breaking Reinsurance?
While some analysts are predicting that the property insurance industry will be able to manage Hurricane Ian and its estimated $50 billion in insured losses, a few are now warning that the storm ...
How Methane Leaks Accelerate Global Warming
Methane leaks have emerged as a top threat to the global climate, with the latest incident involving two Russian gas pipelines under the Baltic Sea that are at the heart of an energy crisis since ...
Viewpoint: Hurricane Ian, Anti-Concurrent Loss Language and Ambiguities
On Sept. 28, 2022, the nearly Category 5 Hurricane Ian made landfall in southwest Florida with maximum sustained winds clocked at approximately 150 MPH. Reports out of Lee County, Fla., have been ...
U.S. Homeowners Line ‘Stable,’ but Weather Events Present Uncertainty: AM Best
A day after Hurricane Ian hit Florida as a Category 4 storm Sept. 28, AM Best released its scheduled market segment report of the U.S. homeowners insurance market, calling it stable due to overall ...
Tool to Measure Workplace Mental Health Backed by 40 Corporate Partners (Including AXA, Aon)
A coalition of corporate, academic and nonprofit partners including Bank of America Corp. and insurer AXA SA has developed a tool that employers can use to measure and improve the mental health of ...
Erie and Auto-Owners Earn Top Spots in J.D. Power Independent Agent Satisfaction Study
Independent agents have never been more satisfied with their carrier partners, and overall satisfaction for both personal and commercial lines has once again reached an all-time high, according to ...
Executives on the Move at BHSI, Canopius, Plymouth Rock, the Big I
Berkshire Hathaway Specialty Insurance (BHSI) has appointed several claims executives to new roles within its North American region: Rob Romeo has been named head of Claims, North America. He has ...
Video Report: IJ Editor on the Ground in Fla. Near Fort Myers
Hurricane Ian killed at least 100 people in Florida and the Carolinas, according to news reports, and is estimated to have caused more than $60 billion in insured losses. Thousands of homeowners in ...