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In 2022, surplus lines carriers' share of total P&C industry premium reached an all-time high of 11.2%.
Because younger executives have a longer career ahead of them, they can be patient about when investments will pay off.
More than 8% of Louisianans were displaced by a natural disaster last year, compared to a nationwide average of 1.6%.
The Chinese market saw 4.5M EVs sold through the first half of this year, nearly six times more than the U.S. market's total.
This market is experiencing high capacity along with favorable rates, terms and conditions.
Rescheduling could make the cannabis industry more approachable for insurance companies and other financial service providers.
The E&S marketplace continues to present fantastic growth opportunities, but the winds of change are blowing.
Carriers should ensure AI tools are accurate and produce reliable results to avoid potential lawsuits.
If an association doesn't initiate inspections, they could be liable for negligence or criminal charges.
More than three-quarters of organizations say cyber insurance is required by their board of directors or executive teams.