Chatham Insurance Services (Chatham), a DOXA company, today announces new excess of loss coverage designed to help ease the financial volatility caused by catastrophic claims.
Author: Maria Valdez Haubrich
USQRisk Taps Industry Veteran Sam Kramer as CEO Of Desq, Its Incubator/Accelerator Platform
USQRisk, the international managing general agent specializing in alternative risk transfer and unique risk solutions, has named Sam Kramer to serve as CEO of its incubator/accelerator platform, Desq.
Six Community Projects Enhancing Disaster Resilience
As extreme weather events become more frequent and severe, communities across the United States are stepping up their disaster preparedness efforts. From flood mitigation to infrastructure upgrades, these initiatives are focused on building resilience and reducing the impact of natural disasters.
Florida’s Real Estate Boom in High-Risk Flood Zones Puts Insurers, Lenders on Collision Course
As Florida recovers from the devastation of hurricanes Helene and Milton, new construction continues in flood-prone areas. Developments like La Linda Estates, built on a barrier island near where Milton made landfall, reflect a concerning trend.
Montana’s Wildfire Investment Pays Off Amid Rising Insurance Concerns
Montana’s investment in wildfire preparedness and advanced detection technology is reducing fire damage, but rising insurance costs and the need for fire-resistant building policies pose ongoing challenges for homeowners in high-risk areas.
Small Business Disaster Loan Program Halts as Funding Dries Up
In the aftermath of Hurricanes Helene and Milton, the Small Business Administration’s (SBA) disaster loan program has run out of money, leaving thousands of small businesses, homeowners, and renters without crucial financial relief.
Texas Rejects Coastal Insurance Rate Hike
In a significant decision impacting Gulf Coast property owners, Texas’ top insurance official has blocked a proposed 10% rate increase for homeowners and business owners in the region, arguing it would create undue financial hardship.
Five Emerging Risk Themes Insurance Leaders Must Prepare For
During the 2024 American Property Casualty Insurance Association (APCIA) conference, industry leaders identified five key risk themes that insurers must address to remain resilient.
Flood Insurance Renewal Window Extended for Hurricane Helene Victims
he Federal Emergency Management Agency (FEMA) has extended the renewal grace period for National Flood Insurance Program (NFIP) policyholders across seven affected states, offering a crucial window for agents to help customers reinstate their coverage.
Louisiana’s “Holistic” Plan to Address Sky-High Auto Insurance Rates
With Louisiana’s auto insurance rates among the highest in the country, LA Insurance Commissioner Tim Temple is taking a “holistic” approach to tackle this issue, but many obstacles remain.