Carriers should collaborate with brokers and risk managers to proactively identify potential risks.

As businesses face more unpredictable risks, insurers are changing how they support their clients. Liberty Mutual Global Risk Solutions (GRS) has taken a significant step by appointing Wes Hyatt as its first global chief client officer. This role aims to better serve multinational companies that require insurance across different countries. Hyatt, who has been with … Read more

Report: Long COVID Represented 75% of Virus Claim Payments in California

A recent study has revealed that Long COVID is having a significant impact on California’s workers’ compensation system. According to the California Workers’ Compensation Institute, Long COVID cases accounted for a staggering 82.1% of treatment payments related to COVID claims and 73.7% of all COVID-19 claim payments in the state. The study analyzed over 126,000 … Read more

Pennsylvania Attorney General Settles with AI-Driven Property Management Platform

Pennsylvania Attorney General Dave Sunday has announced a settlement with Home365, LLC, a property management company based in Las Vegas. The settlement addresses complaints about the company’s failure to promptly handle maintenance issues for tenants in Pennsylvania. Home365 has been accused of not only delaying repairs but also failing to return security deposits to tenants. … Read more

Is It Necessary to Purchase Insurance When Renting a U-Haul?

As summer comes to an end, many people are facing big changes in their lives. Whether it’s moving to a new home, starting college, or relocating for a job, the demand for rental trucks is high. With so many people looking to rent, securing a truck is becoming increasingly competitive. One important consideration when renting … Read more

Judge Dismisses California’s Tariff Lawsuit, Setting the Stage for an Appeal

A U.S. judge has dismissed California’s legal challenge against President Donald Trump’s tariffs, but the state is allowed to appeal the decision. The ruling, made by U.S. District Judge Jacqueline Corley in San Francisco, stated that California should have brought its case to a specialized trade court in New York, which handles tariff disputes. This … Read more

UnitedHealth surpasses Q4 profit expectations, but investor concerns grow over increasing medical expenses.

UnitedHealth Group reported strong earnings for the last quarter of 2024, but rising medical costs and unexpected levels of care usage worried investors, leading to a drop in its stock price. This earnings report is significant as it is the first since the tragic death of UnitedHealthcare CEO Brian Thompson, who was shot outside a … Read more

Significant Considerations of SageSure Insurance Ratings for Brokers

SageSure Insurance is making waves in the insurance industry, especially among brokers looking for reliable options for their clients. Founded in 2009, this Jersey City-based company has quickly grown to become one of the largest Managing General Underwriters (MGUs) in the United States, focusing on property insurance in areas prone to natural disasters. What sets … Read more

Personnel Updates: BevCap Appoints Dinardo as Senior Vice President of Captive Operations

BevCap Management has announced that Dawn Dinardo has joined the company as Senior Vice President of Captive Operations. This move comes as the company, based in McKinney, Texas, continues to expand its focus on alternative risk structures within the insurance industry. Dinardo brings nearly two decades of experience in captive insurance management. She has worked … Read more