Category: Specialty Insurance

Special lines insurance covers everything from supplemental health insurance to cell phone insurance. When researching these markets many find this as a great source of information.

Slippery Slopes: Why Oregon’s Ski Industry Is on Thin Ice

G. Turner
Oregon’s Ski Industry

Oregon’s Ski Industry Faces a Slippery Slope: Insurer Exit Sparks Debate Over Liability Laws The Oregon ski industry is in a precarious position. Safehold Special Risk, a major insurer for ski resorts, has pulled out of the state, citing high legal risks from negligence lawsuits. This decision has left only one insurer willing to cover ski resorts in Oregon, and the ripple effects are being felt across the outdoor recreation industry. Why Did Safehold Leave? Safehold’s exit is tied to a 2014 Oregon Supreme Court ruling that weakened the enforceability…

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Technology for Agricultural Insurance: Smarter Risk Management with Satellite Monitoring

Guest Author
Agricultural Insurance

Agricultural insurance has shifted from paper forms to pixel-level intelligence. According to Research and Markets, global premiums were valued at US $42.3 billion in 2024 and are forecast to reach about US $60 billion by 2030, growing 6% annually. The surge is driven by rising climate volatility, government subsidies, and better risk-scoring tools that widen access even for one-hectare farms.  Parametric covers are expanding fast. They pay automatically when a pre-set rainfall, wind-speed, or vegetation threshold is crossed, reducing disputes and cutting settlement times to under a week. Modern platforms…

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Memorial Weekend, Tariffs, and Theft: A Perfect Storm for Rising Insurance Rates

Nordstrom
Memorial Weekend

Could Tariffs and Cargo Theft Send Insurance Costs Through the Roof? Think cargo theft isn’t your concern? It impacts everyone. With commercial insurance premiums already on the rise, new tariffs could drive these costs even higher. Ultimately, businesses bear the brunt of these increases, and over time, some of those costs may trickle down to consumers through higher prices (hint: they always do). What’s Happening With Cargo Theft? Cargo theft isn’t some headline-grabbing crime you only see in movies. It’s real, and it’s expensive—for businesses, insurers, and the entire supply…

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Chubb Bails on LNG Project: A Turning Point in Insurance?

Angela Linders
Chubb cancels LNG Project in Louisiana

Chubb Drops Coverage for Controversial LNG Project, Raising Questions About Industry Trends Well, here’s a shakeup. Chubb, one of the world’s largest insurance providers, has decided to stop insuring the Calcasieu Pass LNG terminal in Louisiana. The move has people talking—not just about what it means for the Gulf Coast project, but the bigger picture for the insurance industry itself. Is this the start of something bigger? Maybe. Why’d Chubb Pull Out? Chubb’s decision comes after mounting concerns over methane emissions, community impact, and growing activist pressure. The company recently…

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OPINION Article: Why the Ghost Gun Debate Has Huge Implications for Insurance Costs

Logan B.
Ghost Gun at home

Ghost Guns, Big Lawsuits, and Insurance Drama What happens when New York sues firearm manufacturers, claiming their products are fueling violence? You’d expect a legal showdown between the state’s attorney general and the gun companies. But what if insurance companies are suddenly dragged into the mess? Yep, it gets complicated. And that’s exactly what’s happening in the ongoing lawsuit over ghost guns, with major players like AIG and an insurance trade group stepping into the ring. Where do insurance companies fit into this? Here’s the deal. New York filed this…

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Nick Cannon’s $10M Insurance: A New Spin on Family Planning

G. Turner
Body Part Insurance Policy

The body part insurance industry has recently gained a little more buzz after Nick Cannon insured his testicles for $10 million. The proud father of 12, and host of “The Masked Singer” has captivated the media once again. Although Cannon is famous for a variety of different roles, it seems that his recent insurance choices have thrust him into the limelight yet again. While some call it a publicity stunt and others see it as a shrewd financial move, the decision has everyone talking. “It started off like, ‘Yo, this…

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House Bill 116 and the Fight to Insure Alaska’s Commercial Fishing Industry

Logan B.
Alaska’s Commercial Fishing Industry

Alaska’s Fishing Industry Faces Commercial Insurance Crisis For Alaska’s commercial fishermen, the rising cost and dwindling availability of insurance have created choppy waters in an already challenging industry. Insurance premiums for fishing vessels have surged, and older boats are finding it nearly impossible to gain coverage. Some fishermen are even contemplating leaving the industry, unable to bear the financial risk. The numbers tell a sobering story. Alaska’s seafood industry suffered a $1.8 billion economic hit between 2022 and 2023, and higher insurance costs aren’t helping matters. Many older vessels, though…

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