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Insurance News
Are “cat loss” policies an answer to weather insurance woes?
“Right now, you’ve got two different adjusters coming in at two different times, you’ve got different policy terms, you’ve got different ways that the losses are being measured, and different deductibles that are being applied.” A fresh approach could go a long...
NetDiligence helping cyber insurers get more breach plans in place for policyholders
It is not a question of if a client’s business will face a cyberattack, but when. At a time when the frequency and severity of cybercrime is on the rise, why would any organization leave its future to chance? When plotting an office fire drill, an organization...
Two-thirds of insureds don’t know what their homeowners’ policy covers – survey
Goosehead’s “Homeowners Insurance Preparedness Report” reveals a stark gap in insureds’ knowledge about their policies, which independent agents are well-positioned to remedy. Conducted by OnePoll between June 22 and June 29, 2022, the survey polled more than...
AXIS Capital launches new environmental and general liability product
It will be made available for US-based manufacturing and distribution operations with revenues up to $2 billion. “This new, expanded environmental offering is part of our broader effort to provide enhanced capabilities and innovation to the specialty market,”...
Risk Strategies launches consulting and actuarial business
“As operations and risk become more dynamic and complex, leveraging data to drive smarter business decisions is paramount,” Greenbaum said. “Bringing our industry-leading consulting teams under one umbrella creates a powerhouse of specialty expertise to help...