New North Carolina Program Expands Health Insurance Options for Small Businesses

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Starting this month, small businesses in North Carolina have access to a new way to offer health insurance to employees through the launch of Carolina HealthWorks. The program was made possible by a legislative change last year that updated the state’s insurance regulations.

Insured Losses from Hurricane Melissa Estimated at Up to $4.2 Billion, Says Verisk

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The hurricane caused widespread destruction, including extensive structural damage in Montego Bay, one of Jamaica’s main tourist destinations.

Insurance Buyers See Double-Digit Rate Cuts, But Market Fragmentation and Systemic Risks Persist

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Insurance buyers across global markets are experiencing some of the most competitive conditions in recent years, with double-digit rate reductions and abundant capacity in key lines such as property, cyber, and directors and officers (D&O).