Marsh McLennan has agreed to buy McGriff Insurance Services for $7.75 billion, as the industry anticipates…
Category: Insurance
5 Tips to Reduce Increasing Car and Home Insurance Costs
Insurance for your most valuable things has become increasingly pricey. While general inflation has decreased, insurance…
AXIAN Group Completes Stake Acquisition in Ivorian Insurance Startup
AXIAN Group, a Malagasy-based pan-African conglomerate led by renowned billionaire Hassanein Hiridjee, is expanding its position…
Donald Trump Vows To Cut Car Insurance Costs
Donald J. Trump, a former US president and current presidential candidate, promised to lower vehicle insurance…
Red Sea Insurance Costs Surge Amid Looming Houthi Shipping Threats – Report
The cost of insuring a ship through the Red Sea has more than quadrupled since the…
SoCal Fire Zone Residents Protected from Insurance Policy Cancellations for One Year
For years, Southern Californians have complained about being dropped by their insurance companies, for seemingly no…
Why Are Homeowners Insurance Rates Increasing in Minnesota?
Although many have finished cleaning up from last week’s storms, their damage continues. Paying for home…
New Policy Permits Potential Rise In Some California Home Insurance Rates
Because of the possibility of wildfires, many Californians are seeing increases in their house insurance rates…
How Claims Processing Technology is Reshaping Consumer Insurance Decisions
A recent poll by Insurity, a pioneer in cloud-based insurance software and analytics, found that 52%…
Some U.S. States May See Car Insurance Rates Increase by Over 50% This Year – REPORT
Car insurance costs have skyrocketed, and it’s not your imagination. Insurify, an online insurance marketplace, reported…
Here’s Why Auto Insurance Premiums Are Soaring in California
Auto insurance premiums have been soaring around the country, but drivers in California have been hit…
US Homeowners Face High Costs And Uncertainties With Earthquake Insurance
Standard homeowner’s insurance won’t cover earthquakes, so coverage must be purchased separately. “Many insurance companies stopped…
Auto Insurance Rates are Accelerating, Potentially Climbing 22% by the End of the Year
Surging auto insurance premiums are revving up again, keeping the financial pressure on millions of Americans…
US States Sue Biden Administration Over Rule Extending Health Coverage to DACA Immigrants
On Thursday, a consortium of Republican-led states filed a lawsuit attempting to prevent the Biden administration…
U.S.: Suze Orman Drops Homeowners Insurance After Receiving an Outrageously High Quote
Hurricane Debby made landfall in Florida on Sunday before moving up the east coast as a…
Humana Stock Falls Despite Q2 Earnings Beat, Lowers Profit Forecast
Humana Inc reported a second-quarter adjusted EPS of $6.96, down from $8.94 a year ago and…
US Sues Leading Car Insurer Over Mandatory Unnecessary Policies
The United States Department of Justice is investigating an Allstate-owned insurance company for allegedly imposing collateral…
2023 saw the Highest US Homeowners Insurance Underwriting Loss of the Century
When the rising cost of property and catastrophe reinsurance in the United States is cited as…
FEMA Extends Flood Insurance Discounts for SW Florida by Several Months
Communities in southwest Florida will continue to receive discounts on National Flood Insurance, at least for…
General Motors is a Giant Insurance Firm With an Attached Auto Company – Warren Buffett
In a 2006 interview with Charlie Rose, Warren Buffett, the Oracle of Omaha, revealed some surprising…
New Medicare Rule May Require Seniors to Change Health Insurance Plans
A new Medicare rule might force seniors to switch health insurance plans or pay a substantial…