In a recent study, Gallagher Re, a leading global reinsurance broker, uncovered a crucial link between cybersecurity weaknesses and higher insurance claims.
Author: Maria Valdez Haubrich
How Climate Change Is Increasing Maintenance Costs and Straining Insurers
The effects of climate change on buildings are becoming evident, not just through the destruction caused by storms and floods, but also through gradual damage that’s challenging insurers and property owners alike.
New Bill Proposes Tax Credit to Offset Flood Insurance Costs
On October 17, 2024, U.S. Congressman Josh Gottheimer (NJ-5) introduced a bipartisan effort aimed at easing the burden of rising flood insurance costs for New Jersey homeowners.
Insurity to Host Executive Leadership Panel on the Future of P&C Insurance
CEOs from the P&C insurance industry will reveal how they are driving innovation, shaping leadership strategies, and leading industry transformation to meet the demands of 2025.
Hurricanes Helene and Milton Push Auto Insurance Claims Sky-High
From flooded cars to crushed trucks, hurricanes Helene and Milton left a trail of destruction that’s now adding pressure to an already rising trend in auto insurance rates.
Fading October Storm Risk in the Atlantic
As October winds down, the Atlantic hurricane season seems to be calming, with the odds of another named storm this month rapidly diminishing. Hurricane Milton may go down in history as the final named storm of October 2024.
Property and Casualty Insurance Business Report 2024
The “Property and Casualty Insurance – Global Strategic Business Report” report has estimated the global market for Property and Casualty Insurance is projected to reach US$5.3 Trillion by 2030.
Car Insurance Price Increases Are Slowing, Offering Drivers a Break
According to the latest data from the Consumer Price Index (CPI), auto insurance inflation reached 16.3% year-over-year in September 2024, down from a peak of 22.6% in April.
USG Announces Hire of Tiffany Francis in Alpine, CA
USG Insurance Services, Inc., a prominent national wholesaler and MGA, is pleased to announce the addition of Tiffany Francis, Associate Producer/Broker to their Garage division team.
USDA Orders Recall of Nearly 12 Million Pounds of Meat and Poultry Over Listeria Contamination Risk
The U.S. Department of Agriculture (USDA) has announced a significant recall involving 11.8 million pounds of ready-to-eat meat and poultry products from BrucePac due to possible listeria contamination.