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Today's Feature
Industry News
Insurance Journal (6/2/2023)
A federal lawsuit claims FEMA failed to take into account skyrocketing flood insurance costs generated by its new rating system, Risk Rating 2.0. Reuters (6/1/2023)
According to industry executives, U.S. states being the primary regulator of the insurance industry allowed for the breakup of the Net-Zero Insurance Alliance (NZIA). PropertyCasualty360 (6/1/2023)
In complex multi-party construction accident cases, applicability of commercial general liability (CGL) coverage and workers’ compensation (WC) 1B coverage is an oft-litigated issue.
Insurance Journal (6/1/2023)
Florida’s governor this week signed the Insurer Accountability Act and two other bills that put new restrictions on insurers and require premium discounts for homeowners’ wind-mitigation efforts. Reuters (5/31/2023)
Prudential’s Chief Financial Officer James Turner has unexpectedly resigned after an investigation into “a recent recruitment situation.” Rims Resources
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