Natural catastrophes broke insurance claims records in 2021. Historically, primary perils – like earthquakes – have been weather events with the highest loss potentials, but secondary perils – including wildfires, rainstorms, and floods – have become more frequent in recent years and are responsible for a growing share of insurance claims....
Climate change has been making headlines recently, and now experts predict that global warming will lead to substantial sea level rise in the coming years. In fact, scientists are forecasting a one-foot rise in sea level over the next 30 years. To put this into perspective, government agencies including NASA, NOAA, and USGS, anticipate that the...
Expands Brokerage and MGA Capabilities in Texas NEW YORK, NY (February 1, 2022) – Jencap Group LLC (Jencap) announced today that it has agreed to acquire the assets of Delta General Agency Corporation (Delta), a full-service specialty wholesale brokerage and managing general agency (MGA) based in Houston, TX. Delta will operate under the...