This interview presented by AM Best talks to Robert Hartwig of the University of South Carolina who characterized the U.S. plaintiffs' bar as "the best funded, best organized, best politically connected special interest group in the world." Watch the full interview by clicking … [Read more...] about U of South Carolina’s Hartwig: ‘Tort Tax’ Costing US Households $3,600 Annually – 10/22/2024
Archives for October 2024
Milton Brings High Insured Costs, Familiar Pressures To Fla. – 10/17/2024
Hurricane Milton, though not the worst-case scenario for Florida, is set to add significant strain to the state’s already embattled homeowners insurance market. Early estimates suggest privately insured losses could reach between $36 and $50 billion, driven primarily by wind … [Read more...] about Milton Brings High Insured Costs, Familiar Pressures To Fla. – 10/17/2024
Saving Lives – 10/1/2024
The U.S. Surgeon General declared gun violence a public health crisis in 2024, with over 48,000 gun-related deaths in 2022 alone. Insurance companies are responding by offering active assailant and mass shooter policies that go beyond indemnification, incorporating prevention … [Read more...] about Saving Lives – 10/1/2024
Flood insurance takes center stage after Hurricane Helene devastation – 10/2/2024
In this interview with CGTN Europe, Dr. Robert Hartwig discusses the economic impact of natural disasters like hurricanes. He estimates the total economic losses from Hurricane Ian could exceed $150 billion, though insured losses will be much smaller due to gaps in flood … [Read more...] about Flood insurance takes center stage after Hurricane Helene devastation – 10/2/2024