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11 04, 2024

Florida Peninsula Says Reforms Have Had an Impact, Announces 2% Rate Cut

By | April 11th, 2024|Uncategorized|Comments Off on Florida Peninsula Says Reforms Have Had an Impact, Announces 2% Rate Cut

After the Florida Legislature in 2022 and 2023 passed sweeping reforms designed to limit excessive claims litigation, some in the insurance industry predicted that the new rules would prevent further rate increases – but would not lead to actual decreases …

5 04, 2024

High Insurance Premiums Are the Latest Thing Weighing on China’s EV Market

By | April 5th, 2024|Uncategorized|Comments Off on High Insurance Premiums Are the Latest Thing Weighing on China’s EV Market

In another setback for electric car demand in China, where uptake has slowed in recent months, some drivers are now finding themselves paying more for insurance — and are taking to social media to complain. In one report last week, …

11 04, 2024

Green Risk Shield, Striior Announce Wildfire Analytics and Underwriting Collaboration

By | April 11th, 2024|Uncategorized|Comments Off on Green Risk Shield, Striior Announce Wildfire Analytics and Underwriting Collaboration

Striior Insurance Solutions a managing general agent specializing in builder’s risk and a division of Intact Insurance Specialty Solutions, has partnered with Green Shield Risk Solutions, a Chicago-based catastrophe risk mitigation specialist, to access wildfire analytics. This collaboration focuses on …

5 04, 2024

Higginbotham Continues Growth Spurt with Tennessee’s Thompson & Smith

By | April 5th, 2024|Uncategorized|Comments Off on Higginbotham Continues Growth Spurt with Tennessee’s Thompson & Smith

Higginbotham, the large U.S. insurance brokerage, has added another arrow to its quiver with the acquisition of Thompson & Smith Insurance, an independent agency in Jackson, Tennessee. T&S, offering commercial and personal lines, was founded in 1998 with the merger …

5 04, 2024

Taiwan Property Insurers Likely to Remain Profitable Despite Quake Losses: GlobalData

By | April 5th, 2024|Uncategorized|Comments Off on Taiwan Property Insurers Likely to Remain Profitable Despite Quake Losses: GlobalData

The 7.2 magnitude earthquake that struck Taiwan’s east coast on April 3 caused substantial damage, particularly in Hualien with collapsed buildings and infrastructure disruptions. However, insurers are expected to weather the financial impact well, according to GlobalData, the London-based data …

8 04, 2024

Florida Panhandle Wildfire Destroys Home, Damages 15 Others

By | April 8th, 2024|Uncategorized|Comments Off on Florida Panhandle Wildfire Destroys Home, Damages 15 Others

PENSACOLA, Fla. (AP) — A wildfire in the Florida Panhandle has destroyed a home and damaged at least 15 others. The Florida Forest Service said Friday that the blaze, which broke out Thursday near Pensacola, was now more than 60% …

5 04, 2024

New York-New Jersey Area Shaken by 4.8 Earthquake

By | April 5th, 2024|Uncategorized|Comments Off on New York-New Jersey Area Shaken by 4.8 Earthquake

A 4.8 magnitude earthquake shook the New Jersey-New York area this morning at about 10:23 am, according to the United States Geological Survey. The earthquake’s epicenter was near Whitehouse Station, New Jersey. People reported feeling the shaking in Manhattan, Philadelphia …

8 04, 2024

How Three European Human Rights Cases Could Shape Climate Litigation

By | April 8th, 2024|Uncategorized|Comments Off on How Three European Human Rights Cases Could Shape Climate Litigation

Does government inaction on climate change violate human rights? That is the question the European Court of Human Rights will for the first time seek to answer in Strasbourg, France, as it rules this week on three separate climate cases. …

5 04, 2024

People Moves: Samuel Joins Alera Group as Executive Vice President of National Operations

By | April 5th, 2024|Uncategorized|Comments Off on People Moves: Samuel Joins Alera Group as Executive Vice President of National Operations

Alera Group, headquartered in Deerfield, Illinois, appointed Kyle Samuel as executive vice president of national operations. Samuel will partner with the national practice leaders and regional managing directors to create alignment and strategic focus for Alera Group’s operational model. Samuel …

8 04, 2024

Why Near-Miss Cyberattack Put US Officials and Tech Industry on Edge

By | April 8th, 2024|Uncategorized|Comments Off on Why Near-Miss Cyberattack Put US Officials and Tech Industry on Edge

German software developer Andres Freund was running some detailed performance tests last month when he noticed odd behavior in a little-known program. What he found when he investigated has sent shudders across the software world and drawn attention from tech …