The nation’s biggest insurer, State Farm, announced late last week that its homeowners provider to the na...
Inside in Full: State Farm: The end of California Dreamin’
Last week in America, President Joe Biden and Speaker of the House Kevin McCarthy managed to find some common ground for the greater good of the economy and agreed to a deal on the debt ceiling.
Last week in America, President Joe Biden and Speaker of the House Kevin McCarthy managed to find some common ground for the greater good of the economy and agreed to a deal on the debt ceiling.
Article / 6 hours ago
Florida regulators warned of insurance company manipulations years ago - Tampa Bay Times
The state is now investigating allegations that insurers manipulated claims to pay homeowners less...
The state is now investigating allegations that insurers manipulated claims to pay homeowners less...
tampabay.com /
Article / 6 days ago
UN Agency: 2M killed, $4.3 Trillion in Damages from Extreme Weather - Claims Journal
The economic damage of weather- and climate-related disasters continues to rise, even as improvements in early warning have helped reduce the...
The economic damage of weather- and climate-related disasters continues to rise, even as improvements in early warning have helped reduce the...
claimsjournal.com /
Article / 9 days ago
How Will Economic Pressures Affect P&C Industry?
How could the current economic environment affect workers compensation – and the property and casualty insurance industry overall – in 2023?...
How could the current economic environment affect workers compensation – and the property and casualty insurance industry overall – in 2023?...
Article / 9 days ago
Flood insurance costs are about to explode. ZIP codes closest to the coast will pay the most - Yahoo
Events of the past year have convinced more Florida homeowners of the need to carry flood insurance. Flooding caused by hurricanes Ian and Nicole caught hundreds...
Events of the past year have convinced more Florida homeowners of the need to carry flood insurance. Flooding caused by hurricanes Ian and Nicole caught hundreds...
yahoo.com /
Article / 9 days ago
Property insurance price surge leads rate hikes
Average annual commercial insurance premium increases accelerated to 8.8% during the first quarter of 2023, up from 8% during the previous quarter, with commercial property rate hikes...
Average annual commercial insurance premium increases accelerated to 8.8% during the first quarter of 2023, up from 8% during the previous quarter, with commercial property rate hikes...
Article / 14 days ago
Reinsurance in 2022: Top US-exposed reinsurers register double-digit growth for fifth year running
Reinsurance relationships play a crucial role in the insurance industry, providing insurers with capital relief and risk...
Reinsurance relationships play a crucial role in the insurance industry, providing insurers with capital relief and risk...
Article / 15 days ago
Insurers poorly prepared as hurricane season approaches - Actuarial Post
A new insurance sector report from Bloomberg Intelligence (BI) warns that insurers seem poorly prepared for the increased loss frequency and intensity wrought...
A new insurance sector report from Bloomberg Intelligence (BI) warns that insurers seem poorly prepared for the increased loss frequency and intensity wrought...
actuarialpost.co.uk /
Article / 16 days ago
The post-Ian taper: How fast will the hard cat treaty market unravel?
After the panicky dislocation of the 1 January hard market, there is one central question that cat-exposed reinsurers are trying to puzzle out now as business...
After the panicky dislocation of the 1 January hard market, there is one central question that cat-exposed reinsurers are trying to puzzle out now as business...
Article / 16 days ago
Insurer in Full: Is Berkshire a bellwether for Florida’s reinsurance flock?
Berkshire Hathaway’s sporadic interest in the Florida homeowners market has historically been regarded as an opportunistic play – and for buyers as a market of last resort only to be turned to in desperate times...
Berkshire Hathaway’s sporadic interest in the Florida homeowners market has historically been regarded as an opportunistic play – and for buyers as a market of last resort only to be turned to in desperate times...
Article / 16 days ago