Despite efforts to stabilize Florida’s tempestuous property insurance market, homeowners in the state are still railing against “out of control” premiums, and hard-hit residents have told Newsweek of their dire situations. Florida homeowners are currently struggling with skyrocketing premiums after several private insurers either cut coverage in some of the state’s most vulnerable areas or
After having our first child together in 2023, my husband and I agreed that we both needed life insurance. Before that, he felt it was a waste of money, while I believed it was a good financial move. In my opinion, life insurance offers benefits not only after one of us dies but also while
HUB Expands Specialization in K-12, Higher Education Insurance and Risk Management CHICAGO, July 18, 2024 /CNW/ — Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, announced today the appointment of Courtney Davis Curtis as Executive Vice President and Global Education Specialty Practice Leader. In her role, Davis Curtis will lead the
An Oahu Circuit Court judge sentenced a Honolulu Police Department officer to fines, community service and forced him to abide by specific probation conditions for four years or risk jail time for insurance fraud. Cheyne Kaninau, 35, who has six years of experience with HPD, was sentenced Wednesday for committing insurance fraud, a Class “C”
Hard market conditions in the global non-life insurance sector will continue this year, but will begin to ease in 2025, as general inflation and claims inflation conditions soften, according to Swiss Re in a report, which discusses the macroeconomic factors that are driving growth in the non-life insurance and life insurance sectors. Non-life premiums grew
Hamilton Global Specialty, an underwriting platform of Hamilton Insurance Group, has announced the appointment of Todd LaBandt as Senior Vice President (SVP) of Environmental Insurance at Hamilton Americas, its US managing agency. In his new role, LaBandt will report directly to Pepe Marquez, President of Hamilton Americas. Adrian Daws, CEO of Hamilton Global Specialty, expressed
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Climate science has not been particularly persuasive for the conservative political establishment along the US Gulf Coast. Perhaps actuarial science will be a wake-up call then. Last week, Hurricane Beryl crashed into
ORO VALLEY, Ariz. (KGUN) — Southern Arizona is no stranger to summer storms, but the frequency and intensity can hit residents in more ways than one. From flooded roads to hail damage, monsoons can often be costly for drivers. But it’s not just the physical damage causing concerns; it’s also the damage to your pocketbook.
LACY LAKEVIEW, Texas (KXXV) — At 11 a.m. this Saturday, a fund-raising event with auctions, food, and family fun will be held for the May family at Lakeview Baptist Church in Lacy Lakeview. An African safari hunting trip and a local fishing trip are some of the bigger prizes up for grabs. One of the
OLDWICK, N.J., July 17, 2024–(BUSINESS WIRE)–AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Cincinnati Equitable Insurance Company (Cincinnati Equitable) (Cincinnati, OH). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Cincinnati Equitable’s balance sheet strength, which AM Best