Dutyholder regime creates insurance risk, warns CLC lead

Dutyholder regime creates insurance risk, warns CLC lead

The new post-Grenfell dutyholder regime could cause insurers to slash professional indemnity insurance (PII) coverage, a Construction Leadership Council (CLC) lead has warned. Insurers may carve out more exclusions within PII coverage as new obligations for the principal contractor (PC) role create uncertainty over liability, insurance veteran Samantha Peat told Construction News’ CN Forecasting conference

Health Prices Are Getting More Transparent, but It’s Still Not Enough, Experts Say

Health Prices Are Getting More Transparent, but It’s Still Not Enough, Experts Say

Practice Management > Reimbursement — Price data need to be specific, searchable, and easy, according to one expert by Joyce Frieden, Washington Editor, MedPage Today November 20, 2024 WASHINGTON — Health transparency rules have helped researchers gain more insight into hospital pricing practices, Ge Bai, PhD, CPA, said here Wednesday at an event sponsored by

Avoid a Blizzard Blunder! Here’s How To Protect Your Home From a Snowstorm

Avoid a Blizzard Blunder! Here’s How To Protect Your Home From a Snowstorm

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Nearly All Vermonters Have Health Insurance, but Care Is Tough To Find
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Nearly All Vermonters Have Health Insurance, but Care Is Tough To Find

Almost all people have health insurance in Vermont, a state famed for its maple syrup and Ben & Jerry’s ice cream, yet residents pay the nation’s highest insurance premiums for individual coverage and endure months-long waits for care — and most hospitals here are losing money, according to state reports and interviews with residents and

This Insurance Giant Has Cut Its Office Budget By $244 Million in 4 Years — Here’s Where Employees Will Meet Instead
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This Insurance Giant Has Cut Its Office Budget By $244 Million in 4 Years — Here’s Where Employees Will Meet Instead

Allstate cut annual spending on corporate offices by more than half in four years, going from $382 million in 2020 to $138 million this year, per Bloomberg — a $244 million reduction. Though Allstate has also reduced its real estate footprint from 12 million square feet to 4 million, the insurance giant says it’s metaphorically

Millions at risk of losing health insurance at end of 2025
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Millions at risk of losing health insurance at end of 2025

Millions are at risk of losing their health insurance if Congress chooses not to renew subsidies from the Affordable Care Act. That’s the latest estimate from the Congressional Budget Office, which found that 3.4 million Americans will lose their health insurance if subsidies are not renewed. The Affordable Care Act (ACA) is in a precarious

State Regulators Know Health Insurance Directories Are Full of Wrong Information. They’re Doing Little to Fix It.
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State Regulators Know Health Insurance Directories Are Full of Wrong Information. They’re Doing Little to Fix It.

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. Reporting Highlights Extensive Errors: Many states have sought to make insurers clean up their health plans’ provider directories over the past decade. But the errors are still widespread. Paltry Penalties: Most state insurance

Home Insurance Kills the Deal for Some California Buyers

Home Insurance Kills the Deal for Some California Buyers

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Navigating the Hard Market: Crafting an Insurance Submission that Wins

Navigating the Hard Market: Crafting an Insurance Submission that Wins

Library How to Craft Insurance Submissions That Win in a Hard Market By Peter O’Brien Peter O’Brien Peter is the general manager of Procore Risk Advisors, a modern insurance and surety brokerage helping construction companies unlock the terms and services they deserve. Peter is a passionate business builder. Having spent the last ten years at

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