On December 7, the California Department of Insurance (“CDI”) approved a 14.4% overall rate increase for Allmerica Financial Benefit Insurance Company’s Commercial Auto program. The company, which is part of The Hanover Insurance Group, submitted the filing on August 8, 2020. Prior to this approval, the last California rate increase for personal or commercial auto […]

On November 9, 2021 the New Mexico Superintendent of Insurance, Russell Toal, issued Bulletin 2021-024. The Bulletin was issued in accordance with Crutcher v. Liberty Mut. Ins. Co., NMSC Docket No. S-1-SC-37478.  The case summary focused on adequate explanation to the policyholder regarding minimum limits for UM/UIM. Only if an insurer provides the proper explanation […]

Santa Monica, California — PERR&KNIGHT is proud to be Certified™ by Great Place to Work®. The prestigious award is based entirely on what current employees say about their experience working at PERR&KNIGHT. This year, 95% of our employees said it’s a great place to work – as compared to 59% for the average U.S. company. […]

Lisa Brown, Senior Director of Market Conduct and Counsel for American Property Casualty Insurance Association, and Carol Emory, Assistant Vice President of American Property Casualty Insurance Association join Karen Pollitt and Scott Whitaker in this final installment of the three series podcast. During this third installment, the group discusses Covid-19’s impact on the insurance industry. […]

Karen Melchert, Regional VP of State Affairs at American Council of Life Insurers – ACLI, is interviewed by Karen Pollitt of Axis Capital and Scott Whitaker of Perr&Knight in this 2nd of 3 in the podcast series. During the podcast, Karen and Scott get Karen Melchert’s perspective on Listen how the insurance industry has changed […]

In this episode, 1 of 3 in the series, Karen Pollitt of Axis Capital and Scott Whitaker of Perr&Knight interview Dan Cotter, Attorney at Howard & Howard Attorneys PLLC. Dan answers questions about the pandemic’s impact on the world of insurance. During the episode they explore challenges, lessons learned, and what has been most surprising. […]

In the inaugural AICP podcast. Scott Whitaker, Director of Product Design at Perr&Knight, talks with Karen Hornig, CEO of NIPR, the National Insurance Producers Registry. In the podcast, Scott and the host of the podcast, Karen Pollitt, AVP Product Development Accident & Health Division of Axis Capital discuss the importance of insurance during times of […]

CCIA Insights Podcast: Actuarial consulting firm Perr & Knight provides end-to-end solutions for all types of insurance coverages. Leaders Dean Ferdico and Jim Vallee share their backgrounds, describe their firm’s services and discuss market developments.

Citizens of Nevada may be seeing a refund come their way this year after the Division of Insurance (DOI) approved regulation R087-20 on December 28, 2020. This measure prohibits personal lines property and casualty insurers from taking adverse action when re-scoring policyholders at renewal and requires that a refund be made for any increase in […]

On December 20, 2019 President Donald J. Trump signed into law the Terrorism Risk Insurance Program Reauthorization Act of 2019. The NAIC Terrorism Insurance Implementation Working Group recently issued bulletins related to this matter.  his Reauthorization Act of 2019 changes the Terrorism risk Insurance Program as follows: Extends the Federal Terrorism Risk Insurance Program through […]