News

The White House's new America First Resilience Strategy shifts greater responsibility for disaster preparedness and recovery to states while reducing the federal government's role as the nation's primary disaster financier. Dr. Robert Hartwig, professor at the University of South … [Read more...] about Insurance leaders look to fill void as Trump’s resilience plan pushes states to lead on disasters — 07/08/2026

As competition for talent intensifies across the insurance industry, employers are rethinking how they recruit and retain the next generation of professionals. In a recent Insurance Insider article, Dr. Robert Hartwig, director of the Risk and Uncertainty Management Center at the … [Read more...] about Talent War: The Winning Playbook for CHROs in 2026 – 06/18/2026

Eric Tennant passed away in September due to cancer of the bile ducts. Prior to his passing, he faced a long insurance battle during which he was repeatedly denied coverage for a noninvasive treatment that had the potential to shrink his largest tumor. Starting June 10th, a new … [Read more...] about After man’s death following insurance denials, West Virginia tackles prior authorization – 03/31/2026

Prediction markets are capturing global media attention, raising questions about whether they could be considered reliable predictors for the insurance and reinsurance markets. As some of these platforms, including popular services Kalshi and Polymarket, develop the ability to … [Read more...] about Predicting the Insurability of Prediction Markets – 03/23/2026

South Carolina recently established a law deeming driving with a phone out as reason to be pulled over. The warning period is coming to an end; beginning this Saturday drivers can expect to receive tickets if they are seen on a mobile device behind the wheel. Law enforcement … [Read more...] about Hands-free law in SC begins Saturday, ends warnings – 02/25/26

Liquor liability insurance premiums have surged across several states, especially in South Carolina, forcing many bars to close. Dr. Robert Hartwig, professor at the University of South Carolina refers to the state as "the liquor liability crisis center of America", referencing … [Read more...] about Unhappy Hour – 12/01/2025

Long time Columbia bar 'The Woody on Main' is being forced to close due to rising insurance costs and state a new law that would reduce liquor liability coverage requirements under certain conditions wouldn't save them. Back in 2017, a law was passed requiring businesses and bars … [Read more...] about Changes to liquor liability insurance take effect in January. ‘Woody On Main’ owners say it’s too late. – 09/30/2025

In 2025 so far, $18.6 billion has been spent on catastrophe bonds, which help ease the impact on insurers when natural disasters occur. Cat bonds spread the risk to outside investors, preventing insurers from being wiped out by a single event. Dr. Robert Hartwig, a professor at … [Read more...] about As hurricane season heats up, insurers look to share risk with Wall Street – 09/25/2025

Chubb CEO Evan Greenberg reportedly advised industry partners to reconsider their relationships with litigation funding firms, citing concerns over their impact on lawsuits and insurance costs. Christopher Bogart, CEO of litigation funding firm the Buford Capital, called … [Read more...] about War of Words – 08/07/2025