Alliant Insurance Services, the leading specialty insurance broker, announced its partnership with San Diego FC (SDFC) ahead of the Club’s inaugural season in Major League Soccer (MLS).
Author: Maria Valdez Haubrich
Insurance Industry in 2025: Key Trends Reshaping the Future
The insurance industry is bracing for transformative changes, as outlined in PwC’s report “Insurance 2025 and Beyond.” Five key trends are set to reshape the landscape, demanding adaptation and innovation from insurers:
New Louisiana Law May Accelerate Insurers’ Exit from the Flood Market
A recent law change in Louisiana is poised to reshape the flood insurance landscape, with significant consequences for both insurers and homeowners.
North Carolina Faces Record $53 Billion in Damages from Hurricane Helene
Hurricane Helene has left an unprecedented mark on North Carolina, with a staggering $53 billion in estimated damages and recovery needs, according to the state budget office’s preliminary report.
Global Insurance Rates Decline for the First Time in Seven Years
For the first time in seven years, global commercial insurance rates have fallen. According to Marsh’s Global Insurance Market Index, rates dropped by an average of 1% during the third quarter of 2024, signaling a significant shift in the global insurance landscape.
Major Insurers Pull Back in Fire-Prone California
In recent developments that underscore the growing impact of climate change on real estate and insurance industries, several major insurance providers have begun withdrawing from California, citing unprecedented wildfire risks.
Weather Extremes Influence Workers’ Compensation Claims, Study Shows
The National Council on Compensation Insurance (NCCI) has released a new study, Adverse Weather and Workers Compensation Claims, revealing that extreme weather conditions, both hot and cold, significantly increase workers’ compensation claims.
Brownyard Group’s FOUNDATION Program Introduces New Coverage Endorsement
Brownyard Group®, a program administrator providing specialized insurance coverage for select industries, has announced it is taking steps to further support businesses within the cosmetics industry against the financial threats posed by product recalls.
Rising Healthcare Costs Continue to Hit Health Insurers Hard
Health insurers are facing ongoing challenges due to rising healthcare costs, a trend that has impacted their earnings and caused significant stock declines.
Mapping Landslide Risk in Alaska Faces Mixed Reactions
In Alaska, scientists are working to map landslide risks to help communities better understand and prepare for potential hazards. While such efforts aim to enhance public safety, not all residents are eager to receive this information, particularly in towns where property values and development options are already sensitive topics. Recent Landslide Events Spur Mapping Efforts… Continue reading Mapping Landslide Risk in Alaska Faces Mixed Reactions