Industry News
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Insurers Are Seeing Some Benefits from Tough Economic Environment, Study Shows
September 26, 2023 | Industry News
Higher interest rates are translating into higher returns on insurer investments, according to the Swiss Re Institute.
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Insured Maui fire losses likely to top $1 billion
August 21, 2023 | Industry News
Karen Clark & Company estimates insured property losses from the Lahaina fire will be around $3.2 billion.
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California Homeowners Market Continues Shrinking
August 17, 2023 | Industry News
Berkshire Hathaway's AmGUARD as well as Falls Lake Fire & Casualty are pulling out of the state's beleaguered home insurance sector.
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Delaware Issues Bulletin Regarding False Representations Regarding Rates
August 16, 2023 | Industry News
The Delaware Insurance Department issues a bulletin regarding truthful statements regarding premium increases.
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Florida Emergency Rule and Memorandum Regarding Claims-Handling Manuals
August 03, 2023 | Industry News
The Florida Office of Insurance Regulation has issued an emergency order and an information memorandum regarding new rules regarding claims-handling manuals for residential property insurers.
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Increased Number of Carriers Halting Certain Lines
August 03, 2023 | Discussion|Industry News
As the market hardens more and more carriers are pulling back from various lines of business in certain states.
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Worker Injuries at Food Production Sites Have Been Dropping
June 13, 2023 | Industry News
Strains continue to be not only the most common type of injury, but also the most expensive.
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Canadian Wildfires Affect Air Quality, Lumber Production
June 13, 2023 | Industry News
This year's historic Canadian wildfires have destroyed at least 4 million hectares, or about 1% of the country's forests.
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LexisNexis: New Auto Policies Showed Double-Digit Growth in Q1
June 06, 2023 | Industry News
According to LexisNexis, drivers age 66+ had the highest rates of new auto policy growth in Q1 2023.
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Liberty Mutual Sells Latin America Personal, Small Commercial Businesses for $1.48B
May 30, 2023 | Industry News
The deal will make HDI International the third-largest player in the Latin American P&C market.