| Today's Headlines | July 15, 2022 |
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Innovation calls upon us to challenge existing paradigms. Women in technology understand this all too well. Many of us have stepped into roles that were traditionally dominated by men. We've had to swim upstream to establish our bona fides. Personally, I'm proud to have achieved a host of 'firsts' in my career, and today, I'm... read more | | |
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A decade ago, it was questionable sinkhole damages that proliferated in Florida property insurance claims. More recently, "free roof" solicitations, roof claims and thousands of lawsuits have rattled the industry. Now comes cast iron drainpipes, common in homes built before 1975. The pipe systems have become targets for some of Florida's largest plaintiffs' law firms,... read more | | |
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If you look around at your agency, MGA, or carrier processes for compliance, contracting, and other manual old-school processes and think, "I'm over it," then this one's for you. AgentSync has put together a how-to for those hoping to make the case internally that the ... read more | | |
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Swiss Re's economists predict "inflationary recessions" hitting major world economies over the next 12-18 months, and while recessions spell less insurance demand and inflation means higher claim costs, inflation will also drive a continued hard market, they say. The forecasts are set out in a Swiss Re's annual World Insurance sigma Report titled, "World insurance:... read more | | |
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The cyber insurance sector has been tested recently with growing ransomware attacks, rising premiums, and more sophisticated threat actors, but that isn't necessarily scaring insurers away, according to a 2022 Cyber Insurance Market Trends report from Panaseer. "Despite the considerable pressures, our research shows it's not enough to make insurers exit the market," the report... read more | | |
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United Insurance Holdings Corp., parent company of one of Florida's largest property insurers—and one that has seen heavy losses in the last two years—announced that its board of directors is now exploring a range of options to raise capital, including the sale of the company (UPC Insurance) or merger with another. Other options include "subsidiary... read more | | |
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With hurricane-related cases making up more than one-quarter of all insurance cases filed in federal district court last year, overall case counts neared 14,800. The number was 14,793, according to a tally in the 2022 Insurance Litigation Report published by Lex Machina, a LexisNexis company, on Thursday. That is the most case filings of any... read more | | |
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A Delaware Superior Court judge on Monday dismissed a lawsuit filed by the state's Democratic attorney general against agricultural giant Monsanto Co. over environmental damage from now-banned toxic chemicals known as PCBs. In recent years, PCBs have been at the center of multimillion-dollar settlements reached between Monsanto and multiple states whose waterways had been contaminated,... read more | | |
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A little over a month after a jury found that actress Amber Heard had defamed ex-husband Johnny Depp, one insurer of Heard is asking a court to rule it has no obligation to indemnify her. New York Marine and General Insurance Co. said in its court filing last Friday in the U.S. District Court in... read more | | |
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| | Leading insurers are already implementing digital engagement solutions for ... read more | |
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| | The Property and Casualty (P&C) insurance industry is being dramatically ... read more | |
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| | Analyzing data from 8,520 consumers, this new report from GIACT (a Refinitiv ... read more | |
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| | Based upon Utica First's own implementation experience, VP of Operations, ... read more | |
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| | Utica First Insurance transformed agency engagement with innovative ... read more | |
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