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Commercial Insurance Policies Insurance Rates

Pillsbury - Policyholder Pulse blog

Red Sea Dangers: Increasing Insurance Premiums and Introducing Coverage Exclusions for Vessels Transiting the Red Sea

Yemeni-based Houthi forces have attacked more than two dozen vessels transiting the Red Sea since the October 7, 2023, start of the current Israel-Hamas conflict, leading to a surge in marine war insurance premiums. Houthi...more

Faegre Drinker Biddle & Reath LLP

Possible $2.5 billion CalPERS Settlement Agreement Falls Through

A possible settlement agreement has fallen through in a suit between CalPERS and a group of policyholders over a 2013 proposed 85 percent rate hike. The agreement would have covered approximately 60,000 policyholders....more

Woodruff Sawyer

Looking Ahead to 2022: A Guide to Property & Casualty Risk Management and Insurance

Woodruff Sawyer on

The last few years have been a reckoning for the insurance industry and just when we thought insurance buyers might feel relief, COVID-19 entered the picture and extended challenging market conditions into 2021....more

Mitchell, Williams, Selig, Gates & Woodyard,...

Insurers Are No Longer Required to File Rates and Forms for Certain Commercial Risks in Texas

On September 1, 2021, Texas SB 1367 went into effect, exempting certain lines of commercial property and casualty insurance from rate and form filings, as summarized below. In other words, Insurers are no longer required to...more

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