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Key executive death at Allstate

Rhonda Ferguson, Allstate's general counsel and chief legal officer, died on April 17, 2022.

Ferguson, 52, died on Easter Sunday after a long battle with illness.

insurance-is-required-in-every-stage_medium CrossWayFIS | Blog | Insurance | California | Commercial | Auto | Home owners | Life

Insurance is required at every stage of life

Aspects

From college to retirement, financial gurus weighed in on the best types of insurance to buy.

Disability and life insurance are recommended for all ages.

CUO-talks-bad-weather_medium CrossWayFIS | Blog | Insurance | California | Commercial | Auto | Home owners | Life

CUO talks about how bad weather has affected the market.

It has been hard on the insurance industry because there are more and more big storms and floods. However, Orchid Insurance, one of IBA's 5-Star Wholesale Brokers and MGAs for 2022, has been able to weather the storm very well, and is one of the best.

Commuter-transport_medium CrossWayFIS | Blog | Insurance | California | Commercial | Auto | Home owners | Life

Commuter transport stuck in a decade-long slump

Commuter transport stuck in a decade-long slump

Commercial vehicle carriers continue to hike premiums for primary and excess/umbrella coverage, while simultaneously limiting capacity and implementing tight risk assessment and underwriting criteria.

Business-excutive_medium CrossWayFIS | Blog | Insurance | California | Commercial | Auto | Home owners | Life

Business executives are still facing a generational challenge

"Business executives are still facing a generational challenge," says insurer CEO

Beazley says businesses are confronting a "perfect storm" of high-risk/low-resilience. Business leaders expect summer risk to peak. According to Beazley, businesses faced challenges before the Russian invasion.

Auto-insurance-increase_medium CrossWayFIS | Blog | Insurance | California | Commercial | Auto | Home owners | Life

Auto insurance is anticipated to cost 5% higher in 2022

Auto insurance is anticipated to cost 5% higher in 2022 than in 2017. Here's where it's cheapest and priciest.

The most costly state for car insurance is Michigan, at $2,858 annually.

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