Texas Windstorm Insurance Association also increased its adjusted building cost by the largest amount in years, reflecting inflation and supply chain issues.
Everest Insurance has announced that its president of global property, Erik Nikodem, will retire in mid-July. The insurance arm of Everest Re also announced the appointments of three key leadership roles in its US and global property division.
While most state laws requiring workers’ comp coverage for contracting Covid-19 have expired, an industry group is watching for laws making presumptions permanent.