As healthcare costs continue to rise, employers in the U.S. are navigating a challenging landscape of increasing expenses, evolving employee expectations, and the need to remain competitive in attracting and retaining talent.
Author: Maria Valdez Haubrich
Commercial Property Insurance Sees Signs of Stabilization After Years of Rate Hikes
The U.S. commercial property insurance sector is showing signs of stabilization after years of consistent rate increases, according to a new report from the Insurance Information Institute (Triple-I).
South Florida’s Sinking High-Rises: Study Reveals Unexpected Risks for Coastal Buildings
A recent study has revealed that nearly three dozen high-rise buildings along a stretch of South Florida’s coastline are sinking or settling, raising concerns about structural integrity and long-term safety.
Millions of U.S. Homeowners Face Underinsurance Risks for Secondary Structures, ZestyAI Reports
A groundbreaking analysis by ZestyAI reveals a critical issue in homeowners’ insurance coverage: millions of properties across the United States may be underinsured due to unreported or inadequately covered secondary structures.
LWCC is Acquiring Prescient National
LWCC, Louisiana’s largest workers’ compensation insurance carrier, announced it is acquiring 100% of North Carolina-based Prescient National.
Climate’s Costly Consequence: The Unraveling of American Home Insurance
A groundbreaking investigation by the Senate Budget Committee, led by Senator Sheldon Whitehouse, reveals a disturbing trend: insurers are systematically abandoning homeowners in high-risk regions.
Rising Retail Theft and Violence
A recent report from the National Retail Federation (NRF) highlights an alarming trend in the retail sector: shoplifting incidents have surged by 93% since 2019, accompanied by a significant rise in violence.
Hilb Group Acquires Texas-based Business, Continues to Expand Property and Casualty Presence
The Hilb Group announced on December 18, 2024, that it had acquired a (so far, unnamed) Texas-based property and casualty business.
Pet Insurance Market Set to Surge: Key Trends Driving $32.6 Billion Growth by 2030
The global pet insurance market is poised for extraordinary growth, projected to more than double from $12.8 billion in 2023 to $32.6 billion by 2030.
Senators Propose Tax Credit to Address Rising Flood Insurance Premiums
In response to skyrocketing flood insurance costs under the National Flood Insurance Program (NFIP), Senators Cory Booker (D-NJ) and Bill Cassidy (R-LA) have introduced a bipartisan bill to provide financial relief to low- and middle-income homeowners.