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Insurance news provides updates on industry trends, regulations, and innovations. It covers topics such as new insurance products, market developments, and insights into risk management, offering valuable information for policyholders and industry professionals alike.
4th Circuit: No Crypto Coverage
A recent ruling by the Fourth Circuit Court of Appeals has clarified that homeowners insurance policies do not cover the...
Read moreSafeco Buys Main Street
Liberty Mutual’s Safeco Insurance has announced a significant agreement to acquire the personal lines business of Main Street America, marking...
Read moreBlacks and Hispanics Pay More for Car Insurance
A recent study has found that Black and Hispanic drivers often pay more for auto insurance than other groups. However,...
Read moreReinsurers’ 22% ROE, Softening Unlikely
AM Best has reported that the global reinsurance sector achieved a return on equity (ROE) of 22% in 2023, marking...
Read moreMaryland Fears Mobile Home Values Will Drop as Insurance Fades
Homeowners of mobile and manufactured homes in Maryland's coastal areas are struggling to find insurance coverage as many insurance companies...
Read more4th Circuit Issues Case, No Cryptocurrency Theft Coverage
A recent ruling by the Fourth Circuit Court of Appeals has clarified that homeowners insurance policies do not cover the...
Read moreNH Court Strikes Geico Claim Provision
The New Hampshire Supreme Court has ruled that a provision in an auto insurance policy requiring insured individuals to seek...
Read moreInsurer And Contractors Claim Staged Injury Fraud
A captive insurer in the construction industry, along with three construction contractors, has filed a lawsuit in New York, alleging...
Read moreMarkel Appoints Stacey Hinton as Head of Jewellers Block in Specie Unit
Markel has announced the appointment of Stacey Hinton as the new Senior Underwriter and Head of Jewellers Block within its...
Read moreDuck Creek Technologies Acquires Risk Control Technologies
Duck Creek Technologies, a global leader in software solutions for the property and casualty (P&C) insurance sector, has acquired Toronto-based...
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OPTIS: Insurance M&A Falls 10%
As of the end of September 2024, the total number of insurance agency mergers and acquisitions (M&A) has decreased by...
Marsh: US Rates Up 3%
In the third quarter of 2023, commercial insurance rates in the U.S. experienced an overall increase of 3%, with casualty...
Progressive Ends Fire Insurance
Progressive Insurance has announced that it will discontinue offering dwelling fire insurance, commonly known as "landlord insurance," for non-primary residences...
Zurich Insurance Sets New Goals
Zurich Insurance Group AG has announced ambitious new targets for profitability and growth over the next three years, driven by...
4th Circuit: No Crypto Coverage
A recent ruling by the Fourth Circuit Court of Appeals has clarified that homeowners insurance policies do not cover the...
Safeco Buys Main Street
Liberty Mutual’s Safeco Insurance has announced a significant agreement to acquire the personal lines business of Main Street America, marking...
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