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Underwriting Guide to Cannabis & Hemp

An underwriter’s guide to risk and how to protect against it.

BuildingMetrix Blog

Learn about key insurance trends and how data helps you navigate them. 


Agency Guide to Earthquakes

Help your customers understand and be covered for earthquake risk.  

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A Guide to Geospatial Technology

Harness the latest tools to achieve your underwriting goals.  

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A Guide to Wildfire Risk

Everything you need to know about managing this growing risk.

May 25, 2023

Welcome to your weekly newsletter with the updates you need to succeed in property and casualty insurance.


Under the Volcano

Climate warnings grow more dire, wildfire smoke descends upon the American west, and an ancient Mexican volcano rumbles with new life. 


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The Life and Times of a Fire Investigator: Case Study

The previous three installments of this series have delved into the fundamental building blocks of the fire investigation profession. To cap it all off, let’s explore a case study example which ties together everything we've covered.

Read more at WSRB

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Dire New Warning on Climate

A report projects that within five years the world will surpass the temperature threshold that we hoped to stay within for the next 25 years.

Read more at Insurance Thought Leadership


Business

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Tale of Two Markets

The 2022 P/C insurance industry saw a stark difference between the combined ratio of commercial lines at 94.8, while personal lines came in at 109.9.

Read more at Insurance Journal

Commercial Property Premiums Up

Premiums increased more in the first quarter than they have in more than 20 years, marking the 22nd straight quarter of overall premium increases at 8.8%.

Read more at Insurance Journal

 

Insurers Target of Antitrust Concerns

23 attorneys general have pointed out legal concerns that might arise due from their commitment to collaborate with other insurers to advance an “activist climate agenda.”

Read more at Insurance Journal

Environment

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Mexico’s Popocatepetl Spews Ash

The volcano rumbled to life again this week, belching out towering clouds of ash that prompted mass evacuation orders in surrounding areas.

Read more at Claims Journal

Italian Fruit Harvest Woes

Deadly floods in northern Italy will ravage fruit production in what is normally one of the country’s most bountiful agricultural regions.

Read more at Insurance Journal

 

Poor Air From Wildfires Hits US

Several regions in the U.S. are suffering from poor air quality as the smoke from the wildfires burning in Canada make its way south.

Read more at Yahoo!

Education

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Hyundai, Kia Settle Lawsuits

Hyundai Motor America and Kia America said they have reached a settlement to resolve a class-action lawsuit prompted by a surge in vehicle thefts.

Read more at Insurance Business Mag

Transmission Line Approved in NM

The U.S. government is greenlighting a transmission line that would send primarily wind-generated electricity from the rural plains of New Mexico to big cities in the West.

Read more at Insurance Journal

 

WA Wildfire Smoke Rules

The proposed rules would require employers to monitor the air quality and alert workers when it exceeds certain exposure thresholds.

Read more at Insurance Journal

Topics:volcanoclimate

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