Wildfire losses are likely to have a major impact on the insurance industry’s first-quarter earnings. The majority of insured losses will be shared among standard

According to Squaremouth, emergency medical claims became the highest-paid and most frequently claimed benefit for the first time in more than 10 years. Claims under

For example, a senior care facility in Tifton, Georgia, located within the 20-mile radius coverage area for Helene, had a $65,000 insurance limit. Under its

Parametric insurance provides predetermined payouts when specific triggers – such as extreme weather conditions, supply chain delays, or non-damage business interruption events – are met.

Budd noted the ongoing debate over the latter. She said some companies might believe existing policies, like cyber, general liability, or errors and omissions (E&O)

Earlier this month, the company also announced the completion of its acquisition of the insurance business of Rusty Healy Insurance Agency. Based in Madison, Miss.,

Anthony R. O’Donnell // January 27, 2025 (Image credit: Mike Enerio/Unsplash.) Acclaim Insurance Brokers, one of Singapore’s most prominent independent risk consultants and insurance brokers,

Rob McIsaac // January 27, 2025 (Image credit: jstarj/Pixabay.) I should start by saying that I am no Luddite.  I was fortunate enough to be

Alan Demers // January 24, 2025 (Aerial image of Pacific Palisades before the Jan. 2025 fires. Source: NearMap.) Ben Franklin famously wrote, “an ounce of

“Although that provides optimism for full-year direct and net results, Hurricane Milton, which occurred in the fourth quarter, is expected to have a greater impact