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January Reinsurance Renewals Were Most Challenging in 2 Decades: MMC’s Doyle

January 27, 2023

The most challenging January reinsurance renewals in nearly two decades saw global property catastrophe rate increases of 25% to 60% with loss-affected clients seeing even higher prices, according to John Doyle, president and chief executive officer of Marsh McLennan Cos. …

https://www.maddoxinsured.com/wp-content/uploads/2023/01/financial-charts-costs-movement-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-01-27 12:02:572023-01-27 14:08:35January Reinsurance Renewals Were Most Challenging in 2 Decades: MMC’s Doyle

Report on Mass Shootings Urges Workplace Violence Prevention Plans

January 27, 2023

As the nation reels from a week of high-profile shootings, a new report on mass attacks calls for communities to intervene early when they see warning signs of violence, encourages businesses to consider workplace violence prevention plans and highlights the …

https://www.maddoxinsured.com/wp-content/uploads/2023/01/Walmart-shooting-AP-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-01-27 08:58:442023-01-27 14:08:36Report on Mass Shootings Urges Workplace Violence Prevention Plans

‘A Tale of Two Halves’ for 2022’s Insurance Mergers and Acquisitions

January 27, 2023

Last year was a tale of two halves for insurance mergers and acquisitions. OPTIS Partners reports 987 agency mergers and acquisitions were announced in 2022 – down 8% from 2021. A significant rise in interest rates and economic uncertainty may …

https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png 512 512 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-01-27 08:42:512023-01-27 14:08:36‘A Tale of Two Halves’ for 2022’s Insurance Mergers and Acquisitions

U.S. Says It ‘Hacked the Hackers’ to Bring Down Hive Ransomware Gang

January 27, 2023

The FBI on Thursday revealed it had secretly hacked and disrupted a prolific ransomware gang called Hive, a maneuver that allowed the bureau to thwart the group from collecting more than $130 million in ransomware demands from more than 300 …

https://www.maddoxinsured.com/wp-content/uploads/2023/01/ransomware-580x371-1.jpg 371 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-01-27 07:03:152023-01-27 14:08:37U.S. Says It ‘Hacked the Hackers’ to Bring Down Hive Ransomware Gang

Tesla, Insurers Address Expensive Repairs in Sharply Different Ways

January 27, 2023

Tesla Inc.’s electric vehicles are expensive to repair – so much so that the automaker and insurers are addressing the issue in sharply different ways. Chief Executive Elon Musk says Tesla is making design and software changes to its vehicles …

https://www.maddoxinsured.com/wp-content/uploads/2023/01/tesla-580x326-1.jpeg 326 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-01-27 04:08:032023-01-27 14:08:38Tesla, Insurers Address Expensive Repairs in Sharply Different Ways

Koch Industries Gets $2.5B in Dividends From Unit That Offloaded Asbestos Liability

January 26, 2023

Industrial conglomerate Koch Industries received nearly $2.5 billion in dividend payments last year from its Georgia-Pacific unit, which had spun off a subsidiary that took on its liability from asbestos litigation and then filed bankruptcy to limit lawsuit payouts, according …

https://www.maddoxinsured.com/wp-content/uploads/2023/01/law-books-and-scales-of-justice-467310193-bigstock-580x265-1.jpg 265 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-01-26 10:55:492023-01-26 14:02:45Koch Industries Gets $2.5B in Dividends From Unit That Offloaded Asbestos Liability

Climate Tech Startup Aims to Narrow Insurance Protection Gap for Flood Risks

January 26, 2023

Flooding is the most common weather hazard globally and 83% of the damage it causes isn’t covered by insurance. A startup technology company on Thursday launched a new global flood-risk data service that its founders say will help narrow this …

https://www.maddoxinsured.com/wp-content/uploads/2023/01/floodwaters-after-heavy-rain-in-california-getty-580x326-1.jpg 326 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-01-26 09:48:052023-01-26 14:02:46Climate Tech Startup Aims to Narrow Insurance Protection Gap for Flood Risks

Anti-Sexual Harassment Organization, Times Up, Shifts Resources to Legal Fund

January 26, 2023

The Golden Globes carpet typically glitters with crystal-studded gowns in pastel hues, but it looked different in January 2018: The ballgowns were black, and the night’s key accessory was a pin that read “Time’s Up.” Onstage, Oprah Winfrey brought guests …

https://www.maddoxinsured.com/wp-content/uploads/2023/01/sexual-harassment-complaint-form-463039665-bigstock-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-01-26 09:30:472023-01-26 14:02:47Anti-Sexual Harassment Organization, Times Up, Shifts Resources to Legal Fund

Global Insured Losses From Natural Disasters Topped $130B in 2022 in 5th Costliest Year

January 26, 2023

Economic losses from natural disasters in 2022 were estimated at $313 billion, with an insurance price tag of approximately $132 billion, according to Aon. Roughly 42% of economic losses were covered by public and private insurance entities, which translates into …

https://www.maddoxinsured.com/wp-content/uploads/2023/01/Fort-myers-beach-workers-1-580x386-1.jpg 386 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-01-26 08:21:002023-01-26 14:02:49Global Insured Losses From Natural Disasters Topped $130B in 2022 in 5th Costliest Year

Conning: Embedded Insurance Market Could Exceed $70B in Premium by 2030

January 26, 2023

Embedded insurance – a concept in which insurance is wrapped into the purchase of a product at the point of sale – could exceed $70 billion in premium by 2030, according a new report by Conning. This is on par …

https://www.maddoxinsured.com/wp-content/uploads/2023/01/bigstock-204689497-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-01-26 02:01:272023-01-26 14:02:50Conning: Embedded Insurance Market Could Exceed $70B in Premium by 2030
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Resources

  • US Small Business Administration
  • Shelby County TN Business Tax Division

Latest News

  • January Reinsurance Renewals Were Most Challenging in 2 Decades: MMC’s DoyleJanuary 27, 2023 - 12:02 PM
  • Report on Mass Shootings Urges Workplace Violence Prevention PlansJanuary 27, 2023 - 8:58 AM
  • ‘A Tale of Two Halves’ for 2022’s Insurance Mergers and AcquisitionsJanuary 27, 2023 - 8:42 AM
  • U.S. Says It ‘Hacked the Hackers’ to Bring Down Hive Ransomware GangJanuary 27, 2023 - 7:03 AM
  • Tesla, Insurers Address Expensive Repairs in Sharply Different WaysJanuary 27, 2023 - 4:08 AM
 

Maddox Insurance Agency

Insurance Agency in Memphis, Tennessee

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2151 Courtland Place | Memphis, TN 38104

Licensed in Tennessee, Mississippi & Arkansas

Contact

Phone: (901) 335-0154
Fax: (901) 255-9141

Lee.Maddox@maddoxinsured.com

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