While the Lloyd’s market reported its best first-half profit in 17 years, it isn’t resting on its laurels. It is carefully monitoring areas where potential vulnerabilities have been identified. During a recent market briefing, Rachel Turk, Lloyd’s chief underwriting officer, Lloyd’s, focused on five key areas that occupy her time and attention: property, cyber, US … Read more
(Photo by Joe Raedle/Getty Images) As work continues to address the harm inflicted by Hurricane Helene, researchers at Colorado State University (CSU) warn that the next two weeks “will be characterized by [tropical storm] activity at above normal levels.” The CSU researchers define “above normal” by accumulated cyclone energy (ACE) of more than 10. This … Read more
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Nearly 3 in 4 Amazon employees mulling resignation following office-return mandate: survey | Insurance Business America Business strategy Nearly 3 in 4 Amazon employees mulling resignation following office-return mandate: survey ‘We won’t know the full impact until mid-2025 when these changes are fully implemented’ Business strategy By Dexter Tilo Nearly three in four employees in … Read more
Whenever electric power shuts off, it not only causes inconvenience but also forces you to leave your home temporarily. In this situation, one of the biggest concerns you have is “Does homeowners insurance cover hotel stays during power outages?”. Don’t stress out; we are here to provide help through our homeowners’ insurance coverage, including hotel … Read more
