Risk Management

Even coastal properties with appealing risk profiles still face rate increase increases between 15%-50%. 

Progressive admitted liability but contested the damages arguing that two years after the crash, the plaintiff was well enough to compete in horseback riding competitions and the injuries were not severe.

Forest fires can affect contain a variety of pollutants that affect wood, steel and concrete construction materials.

"Making a Difference" will be published weekly on Fridays. The new column will spotlight philanthropic work and more.

From 2015-2020 the surplus line sector held a relatively steady 25% market share. It is now over 60%.

Just 2% of policyholders that have faced extreme weather think their homes will never see weather damages again.

"If you're a bad guy and you're not using ChatGPT or other LLMs to go and find vulnerabilities, you're probably not doing your job as a bad guy," said Scott Giordano, general counsel of Spirion.

This year's historic Canadian wildfires have destroyed at least 4 million hectares, or about 1% of the country's forests.