The 2020 Atlantic hurricane season activity is projected to be “extremely active,” according to Triple-I non-resident scholar Dr. Phil Klotzbach. Dr. Klotzbach, an atmospheric scientist at Colorado State University (CSU), and his team project that the 2020 Atlantic hurricane season will have 24 named storms—up from 20 in the previous forecast. Video: Updated 2020 Forecast
In the event of a fire or other disaster, would you be able to remember all your possessions? Having an up-to-date home inventory will help you get your insurance claim settled faster, verify losses for your income tax return and help you purchase the correct amount of insurance. Here's how to create one. Triple-I Video: Hurricane insurance guide
2020 first-quarter data in comparison to both the previous quarter and the first quarters of prior years, gave little hint of the shock that was to follow in 2020’s second quarter. Indeed, for the property/casualty insurance industry, the first quarter of 2020 generally went well.
FIDUCIARY LIABILITY- Legal responsibility of a fiduciary to safeguard assets of beneficiaries. A fiduciary, for example a pension fund manager, is required to manage investments held in trust in the best interest of beneficiaries. Fiduciary liability insurance covers breaches of fiduciary duty such as misstatements or misleading statements, errors and omissions.
SURPLUS- The remainder after an insurer’s liabilities are subtracted from its assets. The financial cushion that protects policyholders in case of unexpectedly high claims. (See Capital, Risk-based capital )See Full Glossary
For immediate release New York Press Office: (917) 923-8245; firstname.lastname@example.org NEW YORK, Aug. Read More
For immediate release Florida Press Office: 904-806-7813, email@example.com SAINT JOHNS, Fla., July 31, 2020 – Hurricane Isaias is expected to become a strong Category 1 storm as it approaches South Florida on Saturday and has the potential to cause property damage and flooding… Read More