The Institute for Catastrophic Loss Reduction (ICLR) will be hosting a workshop on sea level rise on Sept. 9. Titled Rising Sea Level is Not a Flooding Event, the workshop will be held between 10 a.m. and 11:30 a.m. EST…
Frank Cowan Company announced on Friday that its liability and property policies can now be enhanced with endorsements to cover drones. The Princeton, Ont.-based managing general agent said in a statement that the drone/unmanned aerial vehicle (UAV) coverage “is intended…
The world’s insurance industry is inherently susceptible to climate change-related risks. However, being so deeply integrated in society means insurers are well-positioned to promote global resilience to climate change through implementing related risk management and mitigation processes, as well as through continued international collaboration.
The importance of determining the value of a commercial property when applying for insurance
Hurricane losses in the United States equal to at least 15% of industry aggregate surplus in 2016 would likely promote a shift toward positive pricing movement, although any upward movement would be dampened by existing underwriting capacity for primary and…