Amwins has released its State of the Market report, providing up-to-date market intelligence on pricing, capacity, and coverage trends across multiple business segments and industries.
Author: Annie George
EPA Orders Norfolk Southern to Clean Up Toxic Derailment
The EPA ordered Norfolk Southern to pay for the cleanup of the East Palestine, Ohio, train wreck and chemical release as federal regulators took charge of long-term recovery efforts.
Transatlantic Underwriters Announces Multi-State Rollout of Updated Non-Fleet Transportation Insurance Capabilities
The launch will increase TAU’s selective capacity to over 40 states by the end of 2023.
FEMA Sees 36% Decline in Number of Reinsurers for 2023 NFIP Renewal
Data on the National Flood Insurance Program’s (NFIP) traditional reinsurance placement for 2023 reveals a 36% decline in the number of participants in the program when compared with the prior year.
Internet Shield Law at Stake as Google Heads to Supreme Court
Google goes before the U.S. Supreme Court this week to defend what is widely regarded as a pillar of the online economy—and one that is also being blamed for a proliferation of harmful content.
AM Best: Results May Not Justify the ‘Optimism’ on D&O Pricing
Recent rate softening in the directors and officers (D&O) liability line may result in an insufficient premium base in the months ahead, AM Best wrote in a new commentary.
Illinois Supreme Court Issues Opinion Over Ongoing White Castle Biometric Privacy Case
The Illinois Supreme Court issued an opinion in an ongoing case against White Castle in connection to the state’s Biometric Information Privacy Act (BIPA) that could potentially result in massive fines.
Ransomware Attacks Decline as New Defenses, Countermeasures Thwart Hackers
Extortion payments from ransomware fell significantly last year, according to federal officials, cybersecurity analysts and blockchain firms.
USG Announces New Brokerage Division with Mitchel Zelman as National Director
USG Insurance Services, Inc., a national wholesaler and MGA, announced the expansion of operations with the launch of the Brokerage Division.
Reagan Consulting: Insightful Agents, Brokers ‘Poised to Prosper’
Last year was a second consecutive record-setter for independent insurance agents and brokers, but rate increases and inflation were driving their growth, not new business.