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Leading Light: Insurance Luminaries set a high bar. Here are the Class of 2023 honorees for Technology Innovation. (Part 1 of 5)
Growing catastrophe losses combined with rate inadequacy are masking the true risks facing nearly 40 million properties.
Marcus & Millichap report the latest dramatic spikes as providers pull out of key markets.
Supply chain breakdowns are increasing costs, causing extended delays and creating a host of headaches for insurers and policyholders alike.
The average year-over-year hike was 13.6%, and was worse in some places.
The increased legalization of cannabis and the introduction of new products is creating a number of new risks for insurers covering these businesses.
Even a small percentage of tax savings on a multimillion-dollar deal can translate into significant dollars.
Cannabis legalization means more opportunities for businesses and increases risks for uninformed users.
Even coastal properties with appealing risk profiles still face rate increase increases between 15%-50%.
Insurance agents and brokers in the Golden State have little choice but to help clients navigate the situation.