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Author: Annie George

Post Hurricane Ian Many People in Fort Meyers Still Living in Tents

Prepare for active hurricane season

People in Fort Myers, Fla., are scrambling to find housing after Hurricane Ian devastated the area in September, forcing some residents to camp in places where their homes once stood.

Published January 26, 2023
Categorized as Show on Homepage Tagged Florida, Fort Meyers, hurricane Ian

Floodbase Aims to Narrow the Flood-Protection Gap with Data

People leaving flood-prone areas

Floodbase says its near-real-time flood monitoring can help insurers underwrite policies in time for the start of the 2023 Atlantic hurricane season, which begins June 1.

Published January 26, 2023
Categorized as Show on Homepage Tagged flood data, Floodbase, hurricane season, real-time flood monitoring

Cloud Insurer Parametrix to Pay Claims after MS Azure Outage

Amazon Cyber Insurance Program

Parametrix, the leading provider of downtime insurance, yesterday monitored an outage of Microsoft Azure, the world’s second-ranked cloud service provider.

Published January 26, 2023
Categorized as Show on Homepage Tagged cloud service provider, downtime insurance, Microft Azure, parametric insurance, Parametrix

Shareholders Can Sue McDonald’s Ex-Executive in Landmark Ruling

McDonalds lawsuit

Shareholders can sue McDonald Corp’s former global chief people officer for the damage they claim he caused the restaurant chain by allegedly allowing a culture of sexual harassment to flourish.

Published January 26, 2023
Categorized as Show on Homepage Tagged landmark McDonald case ruling, McDonald's lawsuit, sexual harassment, workplace harassment

2022 for Marsh McLennan “Was an Outstanding Year”

MarshMcLennan Q1 2024 reesults

Marsh McLennan today reported financial results for the fourth quarter and year ended December 31, 2022.

Published January 26, 2023
Categorized as Show on Homepage Tagged insurance profits, Marsh McLennan 2022 profits

Moody’s RMS Estimates $5-7B in Economic Losses from California Flooding

California flooding losses

Moody’s RMS® estimates total economic losses in the United States from the recent California flooding at $5-7 billion.

Published January 25, 2023
Categorized as Show on Homepage Tagged California flooding, economic flood losses, Moody's, RMS

Auto Insurance Companies’ Rising Rates Are No Accident

Auto insurance costs

Auto insurers are scrambling to keep up with rising claim costs.

Published January 25, 2023
Categorized as Show on Homepage Tagged auto claims costs, auto insurance, auto insurance premiums

Half Moon Bay Shooting: Likely Workplace Violence

Workplace violence

A mass shooting at a farm and a nearby location in California that killed seven people was most likely the result of “workplace violence,” according to police.

Published January 25, 2023
Categorized as Show on Homepage Tagged Half Moon Bay shooting, workplace violence

National Programs, Bridge Specialty Group Launch Business Development Team

Insurance partnerships

National Programs and Bridge Specialty Group announced a new business development team dedicated to serving select retail distribution relationships.

Published January 25, 2023
Categorized as Show on Homepage Tagged Bridge Specialty Group, MGAs, National Programs, wholesale insurance brokerage

All Employees to Benefit from Skyward Specialty’s IPO

Skyward Specialty IPO

Skyward Specialty Insurance Group, Inc. launched its initial public offering of its common stock in early January, with all employees benefiting from stock options.

Published January 25, 2023
Categorized as Show on Homepage Tagged IPO insurance, Skyward Specialty IPO

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