Advisors to property and casualty insurers are seeing signs of the P&C industry's financial people burnin...
Consumer checkup: Rising US auto insurance costs creating a 'toxic problem'
A tree branch rests on a car after tropical storm Hilary moved through Sun Valley, Calif., on Aug. 21. The cost of private auto insurance and vehicle repairs...
A tree branch rests on a car after tropical storm Hilary moved through Sun Valley, Calif., on Aug. 21. The cost of private auto insurance and vehicle repairs...
Article / 2 months ago
After sizable surplus slide, Calif. auto insurer reiterates rate hike urgency
Weeks after warning that the lack of rate increases on its California private-passenger auto book "puts [our] ability to continue business at...
Weeks after warning that the lack of rate increases on its California private-passenger auto book "puts [our] ability to continue business at...
Article / 1 year ago
After lengthy COVID delay, California approves multiple auto rate hikes in Q4'22
After a moratorium that lasted for more than two years following the start of the COVID-19 pandemic, California finally started to approve personal auto insurance...
After a moratorium that lasted for more than two years following the start of the COVID-19 pandemic, California finally started to approve personal auto insurance...
Article / 1 year ago
Calif. regulators finally sign off on new private auto rate increase
After blocking them for more than two years, California regulators have finally allowed an insurance company to raise its private auto rates in the state....
After blocking them for more than two years, California regulators have finally allowed an insurance company to raise its private auto rates in the state....
Article / 2 years ago
Ga. regulators OK commercial auto rate hikes in February
Georgia regulators signed off on 62 rate increases in the month, which stands to boost aggregate written premiums industrywide by $58.7 million...
Georgia regulators signed off on 62 rate increases in the month, which stands to boost aggregate written premiums industrywide by $58.7 million...
Article / 2 years ago
MGA's 'nonexistent' underwriting fueled trucking insurer's overheated growth
A fast-growing insurer is under supervision after a growth strategy used by its former managing general agent, allegedly attempting to...
A fast-growing insurer is under supervision after a growth strategy used by its former managing general agent, allegedly attempting to...
Article / 4 years ago
Commercial auto insurer takes unusual step in filing bankruptcy petition
An insurance underwriter is among the affiliates of a freight services company that filed for Chapter 11 bankruptcy protection even though certain...
An insurance underwriter is among the affiliates of a freight services company that filed for Chapter 11 bankruptcy protection even though certain...
Article / 4 years ago
FCA will not enter 'extended dialogue' with insurers about pricing remedies
The Financial Conduct Authority's strategy and competition head told journalists that insurers could suggest alternatives to its proposed fixes for...
The Financial Conduct Authority's strategy and competition head told journalists that insurers could suggest alternatives to its proposed fixes for...
Article / 5 years ago