The authors note that their study does not seek to measure whether a community or a coastline is resilient because there “is clearly no agreement on how this would be accomplished.” However, the methodology offers stakeholders an opportunity to understand the concept of resilience and scenarios and, based on this… Continue Reading How to Bring Coastal Community Stakeholders into Disaster Planning

The court may or may not accept the case. Advisers to President-elect Donald Trump have indicated he will appoint a justice who wants to abolish the rule. Lawyers said the outcome of the various fiduciary-rule proceedings is far from clear. If the judge in Dallas decides in Wall Street’s favor,… Continue Reading Wall Street Brokers Claim Fiduciary Rule Is Violation of Their Free Speech Rights

In another case involving religion, the Supreme Court in May avoided making a major ruling by telling lower courts to reconsider whether nonprofit Christian employers should be exempt from a federal requirement that they provide female workers with medical insurance paying for birth control. The plaintiffs are also seeking retroactive… Continue Reading Supreme Court to Hear Hospitals’ Religious Exemption from ERISA

The IRC is a division of the American Institute For Chartered Property Casualty Underwriters (The Institutes). The new report on why claimants hire attorneys, Motivation for Attorney Involvement in Auto Injury Claims, is based on an online survey conducted by GfK Public Affairs & Corporate Communications on behalf of IRC.… Continue Reading Why Auto Insurance Claimants Hire Attorneys

The Specialty Programs unit, part of QBE Specialty, aligns with strategic partners to underwrite risks across a wide variety of industry sectors including accident & health, aviation, cyber, public company, private company, commercial errors & omissions, financial institutions, healthcare, transactional liability, trade credit, surety, and inland marine risk, for appointed… Continue Reading QBE, SUA Agency to Offer Professional Liability Coverage to Mortgage Specialists

Boston-based Liberty Mutual is a diversified insurer with operations in 29 countries. As of December 31, 2015, Liberty Mutual had $121.7 billion in consolidated assets, $102.5 billion in consolidated liabilities, and $37.6 billion in annual consolidated revenue. Its growing surplus lines operation, Liberty International Underwriters, operates in 18 countries. In… Continue Reading Liberty Mutual to Acquire Ironshore from China’s Fosun for $3 Billion

Dairyland Cycle and Dairyland Auto property and casualty coverages are underwritten by a member of the Sentry Insurance Group. In Texas, coverages are underwritten by Dairyland County Mutual Insurance Company of Texas, Austin, TX. In California, coverages are underwritten by Viking Insurance Company of Wisconsin. Elephant Auto Insurance is a… Continue Reading Dairyland and Direct Writer Elephant Auto to Provide Motorcycle & ATV Coverage

“We look for companies that have the potential to radically improve customer experience, and we saw that clearly in Lemonade. They are harnessing a compelling mix of behavioral economics, artificial intelligence and great design,” said Tom Hulme, GV General Partner in the announcement. “Lemonade is revolutionizing insurance, transforming one of… Continue Reading Insurtech Lemonade Wins $34 Million in New Funding As It Readies for West Coast Expansion

NICB advises drivers to always lock their vehicles and take the remote fob or keys with them. According to NICB, there were 57,096 car thefts with keys left in the car in 2015, which was a 22 percent increase over the previous year. Over the past three years, this kind… Continue Reading Insurance Crime Watchdog Reveals Mystery Device Used by Vehicle Thieves

Domain Expertise, Sage Counsel Drive Satisfaction: The single most critical touch point between a customer and an insurance broker is the quality of advice/guidance provided. Industry-wide, brokers receive an average rating of 8.34 on a 10-point scale for this metric. Customers of highest-performing broker Lockton provide the firm a rating… Continue Reading Insurers’ Financial Strength, Brokers’ Expertise Drive Satisfaction in Large Commercial Market: J.D. Power