Monthly Archives: August, 2024

Powers Insurance & Risk Management Adds Two Team Members

This post was contributed by a community member. The views expressed here are the author's own.Powers Insurance & Risk Management, one of the largest family owned and operated independent insurance agencies in the bi-state region, recently hired Brittany...

CrowdStrike outage will cost Fortune 500 companies $5.4 billion in damages

The vast majority of damages from last month’s CrowdStrike Holdings Inc.’s global IT outage will go uninsured, according to new estimates from Guy Carpenter and CyberCube Analytics Inc. The days-long cyberincident — which grounded planes, shuttered businesses and stopped markets —...

Why are car insurance rates increasing?

Why are car insurance rates rising?Several factors influence the cost of car insurance:Age and gender: Younger drivers, particularly men under 25, face higher rates due to a higher risk of accidents. Rates then stabilize as drivers age until...

Letters: Lacking insurance reform | Harris pick was right call

Massive tax hike, small reprieve Many Floridians have whined that the Florida Legislature and Gov. Ron DeSantis have failed to enact effective homeowner insurance reform, seemingly enabling insurance companies to charge whatever they want. One insurance company sent renewal...

Broker Sails Away With Marine Insurer From Zurich UK

By Tom Fish (August 2, 2024, 12:55 PM BST) -- A subsidiary of Ardonagh Group Ltd. has bought boat insurance specialist Navigators & General from Zurich UK, as it looks to broaden its horizons in the maritime insurance...
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