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Markets - W/C News & Beyond
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Whirlpool fridge started London highrise apartment fire that killed 79Open in a New Window

A deadly fire that killed at least 79 people in a London tower block started in a Whirlpool Corp. fridge and spread at 'unexpected speed' through the building’s exterior cladding.

 

U.S. cyber insurance continues to grow, according to Fitch RatingsOpen in a New Window

The top 15 writers of cyber held approximately 83% of the market in 2016.

 

Harris Poll finds growing interest about insurance brands from millennialsOpen in a New Window

Think the younger generation isn't interested in their insurance options? Think again. Research shows growing millennial interest is boosting insurance brands overall.

 

South Florida homeowners insured by Citizens Property face 10% increaseOpen in a New Window

Citizens Property, Florida's state insurer of last resort, requested a 10% homeowners premium increase for South Florida, blaming excessive water damage claims.

 

Cyber insurance claims: What happens when a breach occurs?Open in a New Window

Markel’s director of U.S. Professional Liability explains the claim’s team’s vital role.

 

Top 10 states for boat and other watercraft accidents & theftsOpen in a New Window

Make sure your insurance clients are covered for all their recreational boating adventures.

 

Allianz seeks Asia business where growing middle-class driving demand for insuranceOpen in a New Window

About two thirds of Allianz’s insurance products in Asia are sold through agents.

 

How Geico managed to overturn a $30M insurance bad faith award — for nowOpen in a New Window

Geico appealed a jury's large award of damages on an underlying uninsured/underinsured motorist claim.

 

What can IT security experts and insurance pros teach each other about cyber risks?Open in a New Window

The June meeting of the International Information System Security Certification Consortium (ISC2)’s New York Chapter was devoted to cyber insurance. Here’s what we learned.

 

Are your customers prepared to weather the pitfalls of hurricane season?Open in a New Window

It’s that time of year again. Are your clients ready?

 

NYC planners: Storm-surge barrier may come too lateOpen in a New Window

Trillions of dollars of real estate and infrastructure near the shores of New York City and northern New Jersey remain vulnerable to devastation.

 

DEADLINE EXTENDED! Still time to enter your Workers’ Comp program!Open in a New Window

You have until June 26 to nominate your workers' comp program for the National Underwriter Excellence in Workers' Compensation Risk Management Award.

 

Earth movement exclusion doomed claim for damage due to falling rockOpen in a New Window

A court has ruled that a 'broad exclusion' for earth movement in a homeowner’s policy precluded coverage for damage that resulted when a large rock damaged a home.

 

Update on homeowners' insurance marketOpen in a New Window

Changes in the property insurance market are allowing carriers to emphasize their unique coverage options.

 

5 developments impacting medical marijuana in workers’ compensationOpen in a New Window

The debate over the use of medical marijuana as an alternative to opioid painkillers continues despite these recent political developments.

 

Auto premium increases put strain on insurers' customer satisfactionOpen in a New Window

Here are the auto insurance brand rankings for customer satisfaction by region, according to the J.D. Power 2017 U.S. Auto Insurance Study.

 

Swiss Re opens solar power plant in Armonk, N.Y.Open in a New Window

As part of its commitment to resiliency, Swiss Re has opened its own solar power plant and plans more in other locations.

 

Misrepresentations about alleged burglary permitted insurer to void policyOpen in a New Window

A California court finds an insurance company could void a homeowner’s policy based on the insured’s 'significant and unexplained misrepresentations.'

 

Closing the protection gap with parametric hurricane insurance in the U.S.Open in a New Window

What insurance agents, brokers and property owners need to know about U.S. parametric hurricane insurance.