After a July defined by severe weather events that pushed losses to typical seasonal levels, August saw a sharp drop in the catastrophe landscape. Allstate reported estimated pre-tax catastrophe losses of $213 million — about half its historical August median of $412...
As cannabis operations scale, sticking with last year’s business income limits is a costly mistake. In the cannabis industry, growth is the norm. Cultivators expand into new facilities, retailers open more storefronts, and manufacturers add new product lines. And...
With so many uncontrollable variables affecting the insurance industry today, retail agents face significant challenges when representing clients with a history of large or frequent losses, as carriers typically view high-risk clients as liabilities. The result?...
A new year marks a new beginning, with hope, anticipation, and curiosity for what the coming months may bring. And in a dynamic industry like insurance, you never know with absolute certainty what might be just beyond the horizon. Stepping into 2024, we asked Jencap’s...
As storms grow more unpredictable, the insurance industry is reassessing how we analyze and underwrite property risks.
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