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Author: Annie George

Kathy Quintana of HUB International Honored with 2023 IICF Inclusion Champion Award

IICF holds future of work reform

 The Insurance Industry Charitable Foundation (IICF) has announced that Kathy Quintana of HUB International (HUB) has been named the 2023 IICF Inclusion Champion Award winner.

Published May 30, 2023
Categorized as Show on Homepage Tagged Hub International, IICF, IICF Inclusion Champion Award

Memorial Day: Remember & Honor

Memorial Day

On this Memorial Day, let us unite as a nation to honor and remember those who gave everything for us.

Published May 26, 2023
Categorized as Show on Homepage Tagged Memorial Day

NOAA Predicts a Near-Normal 2023 Atlantic Hurricane Season

Prepare for active hurricane season

NOAA forecasters with the Climate Prediction Center, a division of the National Weather Service, predict near-normal hurricane activity in the Atlantic this year.

Published May 26, 2023
Categorized as Show on Homepage Tagged hurricane activity, near normal hurricane activity, NOAA

U.S. Cyber Premiums Soared 51% to $7.2B in 2022: Fitch

Howden launches Cyberwrite

Cyber insurance direct written premiums jumped 51% year-over-year in 2022 to $7.2 billion, but the hard market phase “has run its course” and rate growth will flatten out in the coming months.

Published May 26, 2023
Categorized as Show on Homepage Tagged cyber insurance, cyber premiums, cyber rate growth

SCOR Announces NZIA Withdrawal

Scor NZIA withdrawal

Global insurer SCOR is withdrawing from the Net-Zero Insurance Alliance (NZIA).

Published May 26, 2023
Categorized as Show on Homepage Tagged climate change alliance, NZIA, NZIA withdrawal, SCOR

Small Vehicles Falter in Updated Moderate Overlap Crash Test

Small car crash IIHS

Most small cars don’t provide good protection for rear-seat passengers, the latest crash test ratings from the Insurance Institute for Highway Safety show.

Published May 26, 2023
Categorized as Show on Homepage Tagged car safety, IIHS, small car safety

ESG Attacks Prompt Urgent Talks as Insurers Quit Climate Coalition NZIA

Congressional Committee findings

The world’s biggest climate coalition for insurers is set to hold emergency talks after a wave of defections revealed the extent to which anti-ESG rhetoric in the U.S. is unsettling members.

Published May 25, 2023
Categorized as Show on Homepage Tagged anti-ESG rhetoric, climate coalition, ESG, NZIA

U.S. Workers’ Comp Insurers Reduce Rates Across 36 States in Q1

Workers Comp injury costs

U.S. workers’ compensation insurers lowered rates in three dozen states during the first quarter, according to an S&P Global Market Intelligence analysis.

Published May 25, 2023
Categorized as Show on Homepage Tagged work comp premiums, workers compensations insurance, Workers' comp rates

Insurers Need More Climate Change Data. Scientists Say They Can Help.

climate change and higher insurance rates

Climate-driven floods, hurricanes, wildfires and heat waves cause billions of dollars of damage every year in the United States. Federal scientists hope that better access to climate data will help one industry adapt: property insurers.

Published May 25, 2023
Categorized as Show on Homepage Tagged climate change, climate change data, insurance and climate change, property insurance

Florida Regulators Warned of Insurance Company Manipulations Years Ago

Homeowners claims

At least seven adjusters for insurance companies have come forward saying their reports were similarly manipulated to pay homeowners less than their claim estimates.

Published May 25, 2023
Categorized as Show on Homepage Tagged Florida homeowners claims, Florida insurance companies, homeowners claims, homeowners insurance, insurance adjusters

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