Revealed – US states that require uninsured motorist coverage
“Laws in most states have proven ineffective in reducing the number of drivers who are uninsured,” the Insurance Information Institute...
Month: August 2022
2022 P&C Underwriting Profitability Seen Worsening as Inflation, Hard Market Persist
The property & casualty insurance industry’s combined ratio – an indicator of underwriting profitability – is forecast at 100.7 for...
A rude wake-up call
From the desk of CIO Paul Holba: In this latest update from the Empire Life Investments team, Paul Holba reviews...
Financial lines market in state of change
Financial lines underwriters are likely to remain cautious in areas such as directors’ and officers’ (D&O) and construction, while cyber...
NAIC Passes Regulatory Standards for Pet Insurance
The National Association of Insurance Commissioners (NAIC) passed the Pet Insurance Model Act this week. The new regulation was prompted...
Postponed for Life Insurance: What it means and how to get around it
You may think that insurers don’t turn people down and are always happy to take your money. In actuality, they...
Enstar eliminating catastrophe exposure with shuttering of Enhanzed Re JV
Bermuda domiciled re/insurance, run-off and legacy specialist Enstar Group is eliminating its exposure to catastrophe risks with a shuttering of...
AXA UK warns of serious fire risk of lithium batteries in e-bikes and scooters
Improper storage and damage to the lithium-ion batteries in electric bikes and scooters can result in devastating firesAXA has covered...
California Gov. Newsom Pins Political Rise on Abortion, Guns, and Health Care
SACRAMENTO, Calif. — Gavin Newsom is fed up with Republicans for attacking abortion rights and blocking gun regulations — and...
Establish the Value Required Under the Policy
Establishing the value that the insurance policy is required to pay is something a policyholder must prove at trial. The...
