Insurance Journal
AUGUST 11, 2024
The number of Florida claims from Hurricane Debby, filed within five days of the storm, already is almost half of the the number of claims filed in Hurricane Idalia in a three-month period.
Property Insurance Coverage Law
AUGUST 11, 2024
As we continue our summer series on the appraisal process, it’s essential to delve into a crucial aspect: the obligation of the policyholder to comply with all post-loss obligations before moving forward with appraisal. In simpler terms, the appraisal process may not be “ripe” until these obligations have been fulfilled. The Rise of Appraisals and … The post Understanding the Appraisal Process: Ensuring Compliance with Post-Loss Obligations appeared first on Property Insurance Covera
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Insurance Journal
AUGUST 11, 2024
A man who says he broke his ankle jumping into the sprinkle pool at the Museum of Ice Cream in New York City has filed a lawsuit alleging that the facility was negligent for not warning visitors that it is …
Elmore
AUGUST 11, 2024
Start-ups, legacy groups and policymakers are working out how to operate in areas of rising weather risks The post The uninsurable world: rethinking how to cover for climate damage appeared first on Elmore Insurance Brokers.
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Insurance Journal
AUGUST 11, 2024
Many companies offer detailed climate projections tailored to property-level precision. These tools can allow owners and investors to better anticipate risks of flooding, wind, wildfire and other disasters.
Insurance Industry Brief brings together the best content for insurance professionals from the widest variety of industry thought leaders.
Insurance Journal
AUGUST 11, 2024
First responders launched high-water and helicopter rescues of people trapped in cars and homes in rural New York and Pennsylvania as heavy rain from the remnants of Debby slammed the Northeast with intense floods.
Elmore
AUGUST 11, 2024
Insurers increase prices after paying out record weather-related claims in 2023 The post Average UK home insurance policy jumps to almost £400 appeared first on Elmore Insurance Brokers.
Insurance Journal
AUGUST 11, 2024
Fourteen percent of insurance companies plan to reduce employee headcounts in the next year, according to numbers from Aon and The Jacobson Group’s latest insurance labor market study.
Insurance Journal
AUGUST 11, 2024
PCF Insurance Services acquired the insurance business of DLD Insurance Brokers in Irvine, California. DLD Insurance Brokers specializes in serving companies in the construction, real estate, manufacturing, medical device and technology sectors.
Insurance Journal
AUGUST 11, 2024
An Amtrak train carrying nearly 100 passengers crashed into the rear section of a tractor trailer in Connecticut on Friday morning, causing minor injuries to a train engineer and damaging warning equipment at the crossing, authorities said.
Insurance Journal
AUGUST 11, 2024
A federal lawsuit accusing Massachusetts Institute of Technology of tolerating antisemitism after the Oct. 7 attacks in Israel has been dismissed while a similar one against Harvard University can continue.
Insurance Journal
AUGUST 11, 2024
Insurers and reinsurers’ losses from Hurricane Debby are expected to be in the low single-digit billions of dollars, a figure that would be “very manageable” for the industry, according to a report from Gallagher Re.
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