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Andrew Berger Andrew Berger

Hurricane Helene is Approaching: How to Prepare for the Aftermath

Hurricane Helene is on its way and is expected to impact significant areas of Florida, Georgia, and Tennessee. While the extent of the damage remains uncertain, it is crucial for homeowners and business owners to be well-prepared for the claims process in the aftermath. Proper handling of insurance claims is essential for a smooth recovery, as any missteps—whether intentional or unintentional—can delay or reduce compensation.

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Andrew Berger Andrew Berger

The Double-Edged Sword of Surplus Lines Insurance

The surplus lines insurance market has seen consistent dominance from top groups over the past 30 years, with Lloyd’s focusing heavily on U.S. surplus lines and commercial specialty risks, despite global expansion. Major players like Berkshire Hathaway, which experienced over 20% growth in 2023, and AIG, the second-largest U.S. surplus lines group, underscore the market’s robust performance. However, this rapid growth can obscure inherent vulnerabilities in surplus lines coverage.

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