Over 35 years in the business, We are here to help!
Call (800) 554-0098 or Email

Uncategorized

Geopolitical Risks: Why Underwriters Are Watching Aggregations

Executive Summary: With instances of violent unrest rising across the globe in recent years, property all-risk insurance programs bore significant losses. One reason is that sublimits for strikes, riots and civil commotion included on the programs were occurrence sublimits. The … Source: Claims Journal

Read More

NerdWallet: 1-in-5 Polled Say They Lied on Insurance Application

A new survey shows one-fifth of respondents admitted to intentionally providing incorrect information on an insurance application. NerdWallet and The Harris Poll conducted an online survey of more than 2,000 U.S. adults. It shows 21% have admitted to intentionally providing … Source: Claims Journal

Read More

Boeing at Risk of Prosecution for Breaking Deal Over Crashes

Boeing Co. faces possible criminal prosecution after the US Justice Department found the company violated a deferred-prosecution agreement tied to two fatal crashes half a decade ago, intensifying the crisis engulfing the embattled US planemaker. The company breached the $2.5 … Source: Claims Journal

Read More

NHTSA Probes Amazon-Owned Zoox Self-Driving Vehicles After Crashes

The U.S. National Highway Traffic Safety Administration (NHTSA) said it has opened an investigation into Amazon.com’s self-driving Zoox vehicles due to unexpected braking leading to two rear-end collisions that injured motorcyclists. The NHTSA said it had opened its preliminary evaluation … Source: Claims Journal

Read More