Intel

As we move into the remainder of 2024, the Flood Insurance market is awash with excess capacity and is seeing stabilized reinsurance rates—based in part on a modest 2023 storm season. This is a different story from this time a year ago when reinsurance rates had increased by up to and more than 50 percent. While rates have largely been…

Police in Massachusetts recently broke up a “sophisticated” burglary ring that stole jewelry worth over $4 million from homes in 25 communities in the state over the past six years. According to the Massachusetts State Police Division of Homeland Security, the criminals allegedly targeted households they believed would have more jewelry, ABC News reported on April 27. [lgc_column grid=\"50\" tablet_grid=\"50\"…

During this webinar, our own Sylvia Ornelas provided updates on opportunities within the Flood Insurance Industry. Watch a highlight from the discussion below. https://vimeo.com/944128988/506cc88005

During this webinar, we joined our award-winning Flood Practice Group and expert panel for a look into the current state of the flood market along with strategies for success as brokers navigate the current environment. Watch now below. https://vimeo.com/942127721/48a12ed6c8  

A 3-year-old girl required 180 stitches to her face and spent days in the hospital after being tragically attacked by a dog April 2 at a home day care in Hemet, California. The attack is one of multiple incidents involving home day care facilities to make headlines in recent weeks. On April 22, police responded to a hospital in Stafford,…

Wildfire Defense Systems (WDS)—a specialist in wildfire education, loss prevention and wildfire response services—joined our panel of experts as they detailed insights into the 2021 wildfire season. During this webinar, we: Forecast the 2021 wildfire season Discuss learnings from past wildfire activity Review the Wildfire Defense Systems partnership with Burns & Wilcox Provide updates on current marketplace conditions in California…

On July 5, approximately 125 miles northeast of Los Angeles in Ridgecrest, California residents experienced a 7.1-magnitude earthquake, only 34 hours after a 6.4-magnitude earthquake shook the same location. Fortunately, there were no deaths. As homeowners and businesses evaluate damage, early estimates predict at least $100 million in losses. California is the site of more than 500 active geological faults,…

The average award for a personal injury lawsuit is $789,784, above the limits of many homeowners or standard auto policies.1 With a rising need for Personal Umbrella insurance the key for brokers and agents is to educate and inform clients of the exposures they face and how to properly protect themselves. According to Ornelas, if a…