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April 20, 2021
Special Report: Are Brokers in for a Tsunami of Pandemic-Related E&O Claims in 2021?
In this special market report, we look at how COVID-19 has been the catalyst for propelling an uptick in E&O claims activity and severity, what it means in an already hard insurance market, the impact on brokers, and what they can expect over the next ...
April 2, 2021
Amwins Completes Purchase of Worldwide Facilities
As reported by Insurance Business America, Amwins Group, Inc. had signed a definitive agreement to acquire Worldwide Facilities. Private equity firm Genstar Capital confirmed completion of the sale, with the firm rolling nearly 100% of its equity in Worldwide Facilities and becoming a minority shareholder in ...
March 30, 2021
Optimism High for Passage of Federal Cannabis Insurance Bill: Justin Lehtonen with Business Insurance
The Clarifying Law Around Insurance of Marijuana Act of 2021, which has bipartisan support, could help open insurance markets for cannabis operators and companies in their supply chains. As reported by Business Insurance, legislation was introduced to Congress in early March, 2021 that would allow insurers ...
March 25, 2021
Worldwide Facilities Awarded All-Star Status: IBA Top Rated Wholesalers and MGAs
The results are in – producers have chosen their top-rated Wholesaler Brokers and MGAs, and IBA has awarded Worldwide Facilities with All-Star Status. To find out which wholesale brokers and MGAs are delivering standout service to their partners, IBA surveyed more than 1,300 retail producers, asking ...
March 8, 2021
WSIA Diversity & Inclusion Panel Session, Featuring Kevin Davis
Worldwide Facilities’ Kevin Davis participated in the Diversity & Inclusion Panel Session recently hosted by the Wholesale & Specialty Insurance Association (WSIA), continuing the dialogue started by the panel six months earlier about diversity in the wholesale insurance industry. Five other industry experts participated, reflecting ...
March 5, 2021
Davis Moore with PC360: E&S Market Rating Revised to Stable
In the spring of 2020, the E&S market was moving through a period of anticipated uncertainty, leading AM Best to lower the sector’s rating to negative. But the sector’s ability to navigate the pandemic has recently led to an updated outlook, and 2021 looks to ...
March 3, 2021
Norman Ives with Insurance Journal: Global Cannabis Sales On the Rise
Cannabis sales hit $21B in 2020, while insurance brokers noticed a boost in premiums. Many states declared cannabis business to be essential throughout the pandemic, as numerous other business sectors shut down to help slow the spread of COVID-19. Norman Ives, Cannabis Practice Leader at Worldwide ...
February 26, 2021
Property Insurance Expert Predicts Rates Will Continue to Rise in 2021: Renee Belgarde with IBA
Worldwide Facilities’ Renee Belgarde spoke with Insurance Business America about the recent rise in Property rates throughout the marketplace, which has introduced challenges for retail agents and insureds who are navigating this space. “The larger, more consistent rate increases began in 2019, and gained momentum in ...
February 26, 2021
White Paper: Occupational Hazards in Renewable Energy & On-the-Job Safety for Workers
Interest in the renewable energy sector is expanding like never before, as supporters view the industry as a catalyst for helping to tackle the critical issue of global warming and reducing the world’s dependence on fossil fuels. Career opportunities in the renewable energy field are in ...
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