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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.
Discovery Life Sees Surge in Offshore Insurance Demand
Discovery Life has unveiled a dramatic increase in its Dollar Life Plan premiums, which have experienced an average annual growth...
Read moreHouston Approves Plan for Higher Flood Insurance Discounts
Houston could see a significant reduction in federal flood insurance premiums starting next spring following the Houston City Council's approval...
Read moreAmazon Mandates Commercial Liability Insurance for Sellers
Amazon has issued a significant update affecting sellers on its platform, as outlined in Section 8 of the Amazon Services...
Read moreWarning on ‘Cheap’ Car Insurance Scams: £17,618 Fraudster Convicted
A stark warning has been issued to online car insurance buyers following the conviction of Wahidullah Usmani, 22, from Prayle...
Read moreNew Insurance Reforms Bill Proposes Hefty Penalties for Unlicensed Operators
The Insurance Reforms Bill, recently advancing to its second reading in the Senate, proposes stringent penalties for companies engaging in...
Read moreUpper Marlboro Woman Faces Multiple Fraud Charges in Renter’s Insurance Case
Maryland Attorney General Anthony G. Brown has announced that a grand jury in Prince George’s County has issued two indictments...
Read moreApplied Systems Acquires AI Platform for Insurance Planck
Applied Systems, a major player in insurance software, has announced its acquisition of Planck, a prominent artificial intelligence (AI) firm...
Read moreCustomer Experience Key to Insurance Growth
At the Insurance Asia Forum in Kuala Lumpur, industry leaders emphasized the crucial role of customer experience in driving insurance...
Read moreAuto Insurance Shopping Hits Peak but May Decline
In the latest report by J.D. Power, the national auto insurance shopping and quoting rate has reached unprecedented levels from...
Read moreAI to Revolutionize Insurance Personalization, Says Discovermarket CEO
Discovermarket CEO Patrick Bühler forecasts that artificial intelligence will significantly enhance insurance personalization, making it more tailored and accessible. In...
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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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