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Tornado Leaves Catastrophic Damage in Matador, Texas

Texas Gov. Greg Abbott updated the state’s disaster declaration on Thursday to include six additional counties on Thursday following deadly severe weather on Wednesday evening, bringing the total tally covered by the declaration to 21 counties.
June 23, 2023 Property Texas





The Growing Risks of ESG Regulation and Climate Litigation on D&O Liability

In its 2023 report on trends in directors & officers (D&O) liability insurance policies, Allianz Global Corporate & Specialty highlighted risks associated with evolving ESG regulation and the increasing pace of climate change litigation. According to the report, "companies continue to see pressure around ESG issues as regulations are implemented around the world.








Advancements and Challenges in Adjuster Mobility Between US and Canada

When a NatCat occurs in Canada, it’s common for U.S. adjusters to be on the scene -- sometimes before Canadian adjusters, who are bound by provincial licensing restrictions.<br /><br />And while processes for getting either country’s adjusters on the scene are complicated, Canadian adjusters are now benefitting from technology and following U.S. adjusting processes more closely.<br /><br /><br />But there’s still room for improvement.<br /><br />It can be easier to mobilize adjusters between countries than in their respective countries thanks to the Agreement between the United States of America, the United Mexican States and Canada (USMCA), which replaced the North American Free Trade Agreement in 2020, said David Repinski, CEO at CRU Group.<br /><br />The agreement is designed to reduce trade barriers among the three countries and makes it easier for Canadian insurers to bring in U.S. claims adjusters.
June 21, 2023 Catastrophe