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It will cost at least $1.7 billion to replace the Key Bridge by 2028, according to Maryland's claim.
The challenges of building an insurance package around a business illustrate the value of specialized agents and brokers.
About 25% of enterprises never reopen after a severe weather tragedy.
To understand the need for environmental liability insurance, just look around. Evidence is everywhere.
The various professional liability claims that arise for contractors or project owners are mostly related to the project delivery method.
This week's update includes insurance industry news from PCF Insurance Services, Holmes Murphy, CAC Group and more.
Excess, surplus and specialty insurance lines have grown as admitted carriers pulled back amid hard-market conditions.
Premiums across all lines increased an average of 5.2% in the second quarter of 2024.
This week's update includes insurance industry news from Moody's Corporation, Erthos, Computershare and more.