Sports-related brain injuries are among the biggest new area for insurance claims, S&P Global Ratings warned on Thursday, shortly after the World Wresting Entertainment (WWE) was sued by more than 50 former wrestlers. The dozens of retired wrestlers have sued the WWE for neurological injuries allegedly sustained while participating in the professional fighting company’s tournaments. […]
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Climate Change, Best Fought with Insurers
The Seattle Timesquoted Mike McGavick, CEO of XL Group, as saying: “The job of anticipating and modelling risks is in the wheelhouse of the insurance industry, and risk modelling is a gateway to resilience.” Joe Casola, Deputy Director of the Climate Impacts Group at the University of Washington, in theSeattle Times states, “climate change offers […]
Insurance Lawyers Affected by Disaster Dip in NZ
The first major Canterbury, New Zealand earthquake occurred six years ago, however the 2010 and 2011 earthquakes continue to be a key driver of work for insurance lawyers. As time progresses though, the volume of work is steadily decreasing. Click here to read full article. Source: Insurance Business Online
Supreme Court to Hear Fraud Case During Hurricane Katrina
America’s highest court agreed to hear an appeal by State Farm contesting a previous ruling that the insurer defrauded the federal government when assessing damage caused by Hurricane Katrina in 2005. Previously, witnesses had testified that State Farm pressured engineers to rule that damage to homes along the Mississippi Coast following Katrina was caused by […]
Is Your Home Adequately Insured?
As a property owner or investor, fearing for your own home as well as your investment property during these events is a likely source of sleepless nights and it’s a fact that all property owners want and need insurance cover to protect their investment. However, all too often property owners incorrectly insure their property, whether […]
Using Insurance Brokers Can Simplify Your Life
Insurance brokers are professionals who know the ins and outs of the insurance industry and the products available. We’re experts at finding the best products for you, our clients, at the best price, especially when you have complex insurance needs. We know which brokers are pricing to win business, and which ones have the products […]
Insurers, Policy Holders Brace for Storm Season
Damage arising from hail storms is the leading cause of severe thunderstorm loss in Canada, according to Steve Bowen of Aon Benfield, with the most common claim types being personal property home owners and personal automobiles. Southern Alberta is at particular risk given its proximity to the mountains and rapidly shifting weather patterns. The Insurance […]
Aussie Insurance Industry Reacts to Brexit
Some leading lights of the Australian insurance industry have had their say on Brexit, what it could mean for both the Australian and global industry and how brokers will be affected. Peter Harris, managing director of CBL Insurance, told Insurance Business that uncertain times could be ahead for insurers domiciled in Britain which could impact Australian brokers. […]
Benefits of an Insurance Broker
There are many benefits of an insurance broker. Among them, you get the added value of extra care and service when you use our services, and this doesn’t cost you any extra! If this sounds like a benefit for you, please contact us.
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