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[ad_1] By Max Dorfman, Analysis Author, Triple-I Practically 16 p.c (15.7) of U.S. drivers in 2022 had auto legal responsibility insurance coverage limits that had been too low to pay for damages or accidents they precipitated, in keeping with new analysis from the Insurance coverage Analysis Council (IRC), a division of The Institutes.  The IRC

[ad_1] How does MMA’s $316 million FBBI deal slot in? | Insurance coverage Enterprise America Insurance coverage Information How does MMA’s $316 million FBBI deal slot in? Settlement took a “fairly intense” 60 days to succeed in, MMA Southeast CEO says Insurance coverage Information By Jen Frost Marsh McLennan Company (MMA) is about to snap

[ad_1] This submit is a part of a collection sponsored by TSIB. When engaged on a development venture, the corporate you’re working for might ask to be an Extra Named Insured or an Extra Insured. It’s straightforward to consider that they’re the identical factor, however in actuality, there are some important variations between the 2.

[ad_1] Zurich hit with $80m jury verdict in worker “time theft” lawsuit – legislation agency | Insurance coverage Enterprise America Insurance coverage Information Zurich hit with $80m jury verdict in worker “time theft” lawsuit – legislation agency Sacked workers had “off the document” day without work permitted by their boss, plaintiffs argued Insurance coverage Information

[ad_1] Threat is throughout us. There’s the intense bodily form, together with earthquakes and sidewalk punchers. Then there are digital dangers, like hackers who goal people and companies alike. That’s a part of the explanation why retaining monitor of the most important cyber threats to regulation corporations is so essential. Legislation corporations are more and

[ad_1] As a lawyer, your purchasers belief you with their most confidential info, making you a primary goal for cybercriminals who’re more and more focusing on legislation corporations. However, do you’ve gotten a legislation agency cyber assault response plan? Whereas we hate to be the bearers of unhealthy information, there’s a very good probability you’ll

[ad_1] Trade stakeholders seeking to maintain tempo with market challenges could discover range in analysis the important thing to long-term success and resilience. A large number of various views, concepts, and options can improve innovation and strategic outcomes. Be a part of The Institutes for a webinar panel dialogue of methods for creating inclusive analysis

[ad_1] MLB star arrested over alleged insurance fraud | Insurance Business America Insurance News MLB star arrested over alleged insurance fraud Florida-based ex-ball player in court after DFS investigation Insurance News By Ryan Smith A former pro baseball player has been arrested and charged with insurance fraud. Yuniesky Betancourt, a former shortstop for the Milwaukee

[ad_1] Risk used to be relatively simple.  If a local bakery wanted insurance, you would worry about the structure, the location, how it operated and could have a pretty good view of its risk profile.  Today that same business is far more complicated and interconnected: Third party Point of Sale systems are used to process

[ad_1] This post is part of a series sponsored by AgentSync. As the property and casualty market struggles to find its equilibrium, carriers and reinsurers are retooling their approach to risk and the market. As a Floridian myself, seeing reinsurers pull back capacity and raise their rates, followed by Florida insurers dialing back product offerings,

[ad_1] WTW snaps up Aon hire | Insurance Business America Claims WTW snaps up Aon hire New colleague arriving end of April Claims By Terry Gangcuangco WTW has hired Aon global chief claims officer Neil Harrison as global head of claims. Taking on the post at the end of the month, the global claims leader

[ad_1] Most people are not immune to the worries of the wallet—big and small. From paying for monthly bills all the way to paying for long-term care and everything in between, people from Gen Z to Boomers told us what they are concerned about financially. Turns out, saving retirement is a key financial worry, with

[ad_1] Victor appoints new president for US specialty | Insurance Business America Insurance News Victor appoints new president for US specialty The Marsh stalwart comes to the role after more than three decades at the global broker Insurance News By Kenneth Araullo Global managing general underwriter (MGU) Victor has announced the appointment of Tim McDougald

[ad_1] How will the SEC’s new climate regulations affect D&O strategies? | Insurance Business America Professional Risks How will the SEC’s new climate regulations affect D&O strategies? Evolving disclosure landscape will necessitate an extra level of readiness Professional Risks By Kenneth Araullo The recent adoption of new climate disclosure rules by the Securities and Exchange

[ad_1] Do we rely too much on catastrophe modeling for insurance? | Insurance Business America Catastrophe & Flood Do we rely too much on catastrophe modeling for insurance? This big insurance brokerage head thinks so Catastrophe & Flood By Jen Frost Natural catastrophes have driven hundreds of billions of dollars in insured losses so far

[ad_1] Specialty insurer goes into freefall as it announces loss | Insurance Business America Insurance News Specialty insurer goes into freefall as it announces loss Company starts selling businesses to counter profitability issues Insurance News By Ryan Smith Shares of R&Q Insurance Holdings tumbled 45% after the company said that it would report a significant

[ad_1] FM Global chief executive becomes board chair | Insurance Business America Insurance News FM Global chief executive becomes board chair Leader has been with the business since 1995 Insurance News By Terry Gangcuangco FM Global has appointed president and chief executive Malcolm C. Roberts (pictured) as chair of the commercial property insurer’s board of

[ad_1] Revealed – most impacted ZIP codes in State Farm’s California pullout | Insurance Business America Property Revealed – most impacted ZIP codes in State Farm’s California pullout Insurance Business ranks affected ZIP codes by number of non-renewed policies Property By Terry Gangcuangco State Farm General Insurance Company has listed the ZIP codes to be

[ad_1] Where are insurers investing? | Insurance Business America Insurance News Where are insurers investing? Global survey draws insights from over 80 insurers Insurance News By Terry Gangcuangco Marsh McLennan businesses Mercer and Oliver Wyman have published their 2024 Global Insurance Survey, which sheds light on the investment and portfolio management strategies of over 80

[ad_1] US firm Lemonade marks further European expansion | Insurance Business America Property US firm Lemonade marks further European expansion Move builds on French market entry in 2020 Property By Terry Gangcuangco Lemonade, which is headquartered in New York and has a European base in Amsterdam, has expanded further in Europe with a new offering