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'We came so close,' said general counsel for the Independent Insurance Agents & Brokers of California.
According to The Jacobson Group, claims and underwriting rules continue to be the most in demand positions.
It may be tempting for P&C insurers to react to underwriting losses by reducing labor costs, but this approach is flawed.
The company is releasing approximately 11% of its workforce across all lines of business.
Marcus & Millichap report the latest dramatic spikes as providers pull out of key markets.
This article, the last in the series on water losses, looks at how courts have determined coverage for various water-related claims.
Berkshire Hathaway's AmGUARD as well as Falls Lake Fire & Casualty are pulling out of the state's beleaguered home insurance sector.
The second part in this series reviews how certain terms involving water losses are applied in commercial property policies.
"The most common mistake that many business owners make is to blindly renew their insurance," says the U.S. Chamber of Commerce.
The property-insurance industry could leverage blockchain's attributes to enhance efficiency and customer experience.