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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.
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...
Read moreZurich Insurance Sets New Goals
Zurich Insurance Group AG has announced ambitious new targets for profitability and growth over the next three years, driven by...
Read more4th 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 moreRecent Posts
Travel Insurance Coverage Gaps Impact Hong Kong’s Seniors and Children, Study Reveals
HONG KONG — A recent study by the Hong Kong Consumer Council has highlighted significant gaps in travel insurance coverage...
BDIC Appoints 3Point0 Labs as Agency of Record Ahead of 2025 Launch
LOS ANGELES — The Blockchain Deposit Insurance Corporation (BDIC), a leading provider of security solutions for digital currency wallet holders,...
Ignyte Insurance Launches Global Specialty Platform to Accelerate Growth
Philadelphia, PA — A new player has entered the specialty insurance arena with the official launch of Ignyte Insurance, a...
HNW Life Insurance Takes Center Stage in Middle East Wealth Planning
DUBAI — High-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals across the Middle East are increasingly leveraging life insurance as a strategic...
Optio Finalizes Acquisition of Norwegian Specialty MGA S Insurance
LONDON — Independent specialty managing general agent (MGA) Optio Group has completed its acquisition of Norwegian-based MGA S Insurance AS,...
Thailand Regulator Moves to Expedite Earthquake Damage Assessments
BANGKOK — Thailand's Office of Insurance Commission (OIC) is working with key industry bodies to fast-track damage assessments and insurance...
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