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North American commercial insurance buyers will face sizable price increases in 2020, across most lines of insurance, according Willis Towers Watson

North American commercial insurance buyers will face sizable price increases in 2020, across most lines of insurance, according Willis Towers Watson

by Jennifer Robinson | Nov 27, 2019 | Risk Management

North American commercial insurance buyers will face sizable price increases in 2020, across most lines of insurance, according to insurance broker Willis Towers Watson’s 2020 Insurance Marketplace Realities. While the report finds that capacity is available in all...
Ransomware Attacks Rise 37% in Q3, Targeting IT Vendors

Ransomware Attacks Rise 37% in Q3, Targeting IT Vendors

by Jennifer Robinson | Nov 12, 2019 | Risk Management

According to Insurance Journal “Ransomware attacks increased by 37% during the third quarter of 2019, compared to Q2, as cyber criminals target both IT vendors and their clients, according to data compiled by insurer Beazley.” One-quarter (24%) of all...
OIR Orders Larger Workers’ Compensation Insurance Rate Decrease for 2020

OIR Orders Larger Workers’ Compensation Insurance Rate Decrease for 2020

by risktransfer | Oct 25, 2019 | Risk Management

Florida Insurance Commissioner David Altmaier issued the attached Order on Rate Filing today to the National Council on Compensation Insurance (NCCI) requesting an amended filing to reduce The Florida Office of Insurance Regulation has disapproved the filing by the...

Service American Indemnity Company Announces Risk Transfer Insurance Agency as NEW Program Partner

by risktransfer | Sep 10, 2019 | Risk Management

AUSTIN, Texas, Sept. 9, 2019 /PRNewswire/ — Service American Indemnity Company (“SAIC”), national provider of program services, today announced the addition of Risk Transfer Insurance Agency as the newest partner to support its continued national...
NCCI Recommends 5.4 Percent Rate Decrease for Florida

NCCI Recommends 5.4 Percent Rate Decrease for Florida

by risktransfer | Aug 29, 2019 | Risk Management

NCCI is recommending a 5.4% average decrease in Florida’s workers’ compensation insurance rate for 2020. NCCI’s report explains how the decrease in loss time claims frequency and both medical and indemnity loss ratios in the state continue to decline since peaking in...
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  • NCCI FAQ Updates
  • COVID-19 Workers’ Compensation Premium Rules
  • Paycheck Protection Loan Applications
  • Small Business COVID-19 Emergency Loans
  • U.S. Small Business Association COVID-19 Loan Information

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