INSURASALES

Tag: risk management

NH Senate Bill 297 Proposes Stricter Insurance Reserve Rules for Municipal Risk Pools

New Hampshire Senate Bill 297 proposes stricter reserve requirements for municipal risk pool insurers and authorizes receivership to address financial instability, impacting local government health insurance coverage.

MSI Launches CGL Insurance for Habitational Property Owners in the U.S.

MSI introduces a commercial general liability insurance product for U.S. habitational property owners, providing up to $2 million aggregate coverage to address growing claims costs and litigation risks in the sector.

U.S. Household Spending Nearly $25,000 Annually, Insurance Costs Key

U.S. households spend nearly $25,000 yearly on essential costs including auto, health, and life insurance, influencing insurance market trends and risk assessment practices.

Lawsuits Allege Insurer Collusion Restricts Wildfire Coverage in California

Lawsuits in California allege home insurers restricted wildfire coverage, pushing homeowners to costly FAIR Plan policies amid rising wildfire losses and insurer exits. Experts urge risk mitigation over litigation.

Accelerant Expands Specialty Insurance Platform with QBE and Tokio Marine Capital Partners

Accelerant enhances its specialty insurance risk exchange by adding capital partners QBE and Tokio Marine America, leveraging AI and data transparency to streamline underwriting and risk management.

Top 3 Essential Insurance Policies for New U.S. Businesses in 2024

Explore the top three essential insurance policies new U.S. businesses need in 2024 to protect against cybercrime, employee liabilities, and property risks.

Evolving AI Regulations and Rising Medical Costs Shape U.S. Insurance Landscape in 2024

In 2024, evolving AI regulations and rising medical costs significantly impact U.S. insurance sectors, influencing cybersecurity coverage and workers' compensation in key states like Colorado and New Jersey.

Understanding Insurance Adjusters' Role and Challenges in Claims Processing

Explore the crucial role of insurance adjusters in claims processing, common policy exclusions, claims delays, and the importance of clear policy communication.

Heightened Flood Risk and Declining Insurance Uptake in the U.S.'s Appalachia Region

Explore the rising flood risks and declining flood insurance participation in Kentucky, Tennessee, and West Virginia, posing substantial challenges to property and casualty markets.

Lockton Cos. Appoints Devin Beresheim as U.S. Risk Solutions Leader

Devin Beresheim takes on the role of U.S. risk solutions leader at Lockton Cos., overseeing property and casualty along with professional and executive risk practices, enhancing the company's market position.