Happy National Insurance Awareness Day
In recognition of #NationalInsuranceAwarenessDay, we are rounding up the top intel from 2024 to date. Our experts provide their insight on numerous specialty insurance topics and industries ranging from Residential Property, Construction, Media Liability and more.
See what's trending now below:
1. Residential Property
Homeowners Insurance Crisis: Rates Soar as More Carriers Leave Market
Soaring premiums, fewer carriers, and worsening weather trends are contributing to an insurance crisis for homeowners in many areas of the U.S. In New Orleans, Louisiana, the market for Homeowners Insurance is “crumbling,” CNN reported March 29, with one resident telling the news outlet that his premiums increased from $1,600 per year in 2022 to $4,930 after his previous carrier pulled out of the state entirely.
Featuring experts Tom Carvalho, Bart Dugdale, and Chris Siegel, RPLU, CIC, CRIS, ARM, AAI.
2. Casualty/Construction
New York Construction Sites Show Spike in Work-Related Injuries
Work-related fatalities at New York City building construction sites reached their lowest point in almost 10 years in 2023, according to new data from the city, but work-related injuries increased 25%, Safety+Health magazine reported on May 23.
Featuring experts Kyle Lacertosa and Steven Hrab.
3. Media Liability
Grumpy Cat vs. Copycats: Trademark Claims Underscore Importance of Insurance
More than five years after the death of Grumpy Cat, the internet-famous cat known for its disgruntled-looking expression, the company that owns its image and likeness continues to confront alleged trademark violations from other entities using the pet’s face for profit.
Featuring experts Edwin "Joey" Franiak, MBA, and Arran Auld.
4. Environmental
77,000 Salmon Accidentally Released Into Creek After Fish Tanker Truck Overturns
When a fish tanker truck carrying more than 102,000 live salmon overturned on a sharp corner in northeast Oregon recently, a majority of the smolts — about 77,000 — made it into the adjacent Lookingglass Creek, according to reports. The truck had been transporting the fish from a hatchery for release in the Imnaha River, but rolled onto its side along the curve, went over a rocky embankment and then rolled onto its roof.
Featuring experts Gina Jones and Karim Jaroudi.
5. Habitational
Habitational Insurance Market Overview
During this webinar, our experts met for a discussion on the current state of the Habitational insurance market. Watch as they explore current challenges and provide tips for brokers and agents on how to be successful in providing solutions for their clients.
Featuring experts Barry Whitton, Nicholas Freeman, Kevin Cuyler, and Jake Miller.
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