Insurance Industry News

What is Legal Malpractice? And How Can You Protect Your Firm Against It?

If you’re just starting your legal career, you may think that a legal malpractice claim could never happen to you. While that’s hopefully the case,

August 21, 2024

CIAB observes softening commercial P&C market in Q2’24

In the second quarter of 2024, the commercial property and casualty (P&C) insurance market showed further signs of softening, according to The Council of Insurance

August 20, 2024

Global reinsurers show resilience through de-risking & diversification, says AM Best

On the back of de-risking and diversifying actions, global reinsurers are showing more resilience than in previous cycles, in part thanks to positive underwriting margins,

August 16, 2024

Company Updates

Allstate Announces July 2024 Catastrophe Losses

NORTHBROOK, Ill., August 15, 2024 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of July of $542 million or $428 million, after-tax. Catastrophe losses… The post Allstate Announces July

August 15, 2024

Homeowners Insurance News

Quick roof maintenance tips you can do this weekend.

Do you know how old your roof is or what condition it’s in? Taking the time to conduct simple checks in key areas can help

August 15, 2024

Cyber Insurance for Tech Companies Guide

Nowadays, it seems like seeing headlines about another cyberattack affecting an organization is a daily occurrence. If you’ve seen those headlines and thought, “That will

August 14, 2024

Company Updates

Allstate to sell Employer Voluntary Benefits business to The Standard

NORTHBROOK, Ill., Aug. 13, 2024 – The Allstate Corporation (NYSE: ALL) announced a definitive agreement to sell the Employer Voluntary… The post Allstate to sell

August 13, 2024

Insurity Survey reveals 56% of consumers facing higher premiums due to severe weather

Insurity, a provider of cloud software for insurance carriers, brokers, and MGAs, has released insights from its 2024 Severe Weather P&C Consumer Pulse survey. This

August 13, 2024

Agency Operation

July 2024 Newsletter: Business Insurance Essentials

As we navigate the complex world of business in 2024, understanding business insurance essentials has never been more crucial. Whether you’re a tech startup founder,

August 8, 2024

Commercial Insurance

Is your business prepared for a disaster? Step #6: Know your finances.

When it comes to disaster planning, knowing your finances is just as important as safeguarding your physical space and your employees. In an emergency, you’ll