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We are happy to announce a new partnership with CyberScoutTM, a leading provider of identity and data breach defense services, for our Allied Reinsurance Company (ARC) program, which reduces the risks related to cyber crime for our clients. Captive carriers accounted for about half of the personal lines market in 2016 and according to a 2016 survey by the Captive Insurance Companies Association (CICA), cyber risk is the number one emerging risk cited by captive insurance company owners and the number one non-traditional risk.http://mailchi.mp/b4be79c8df73/new-partnership-with-cyberscout?e=0f58a45b50

 

 

Hurricane Harvey claim payments will outstrip the National Flood Insurance Program’s cash on hand and current borrowing authority, likely meaning the Federal Emergency Management Agency will need Congress to increase that authority.http://www.businessinsurance.com/article/20170914/NEWS06/912315873/National-Flood-Insurance-Program-borrowing-authority-Hurricane-Harvey-claims

 

 

A trailer is not a warehouse covered by an insurance policy, says a federal appeals court in upholding a ruling in favor of Starr Indemnity & Liability Co. in a coverage dispute with a computer wholesaler over a theft.http://www.businessinsurance.com/article/20170905/NEWS06/912315645/A-trailer-is-not-a-warehouse,-says-court-on-Starr-policy?utm_campaign=BI20170905BreakingNewsAlert&utm_medium=email&utm_source=ActiveCampaign

 

Between the shutdown of oil refineries and chemical plants, impaired roads and ports, and widespread damage to homes, businesses and cars, the economic toll from Hurricane Harvey is now being estimated as the second-costliest natural disaster in U.S. history, trailing only the devastation caused by Hurricane Katrina in 2005.http://www.latimes.com/business/la-fi-harvey-economic-toll-20170901-story.html

 

 

Back in October 2013, a few months before most of the Affordable Care Act provisions that restructured health insurance markets took effect, a broker described the great lengths to which he thought many small businesses might go in order to keep their relatively low insurance premiums. https://www.forbes.com/sites/robbmandelbaum/2017/08/30/meet-the-future-of-small-business-health-insurance-self-funding/#36ab205d4714

 

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