A recent poll by Insurity, a pioneer in cloud-based insurance software and analytics, found that 52%…
Tag: Insurance
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…
3 Benefits of Tapping Home Equity for a Second Property
Owning a home has several advantages, one of which is the equity you create over time.…
9 U.S. States Where Homeowners Face Insurance Losses
American National Group, owned by Brookfield Asset Management Reinsurance Partners, will discontinue homes insurance in nine…
Insurance Loss Leaves Thousands of California Homeowners Vulnerable
American National Group would no longer provide state coverage, affecting thousands of California homeowners. American National,…
US Car Insurance Costs Surged 43% Since 2022 and Are Projected to Rise Further
According to recent analysis from Bankrate, car insurance premiums in the US will continue to rise…
US Sets Rule Meant to Speed Up Insurance Approvals
On Wednesday, US President Joe Biden’s administration adopted a rule mandating health insurers to set time…
Why Millions of US Homes Are at Risk of Losing Their Insurance
With the frequency and severity of catastrophic weather events increasing across the country, millions of homeowners…
Travelers Bolsters Cyber Insurance with $435m Corvus Deal
Travelers, a large insurance carrier, has agreed to buy cyber InsurTech business Corvus for $435 million.…
U.S.: White Mountains to Acquire Majority Stake in Bamboo Ide8 Insurance Services
White Mountains Insurance Group, Ltd. is planning to buy out the majority of Bamboo Ide8 Insurance…
KKR to Invest More Than $1 Billion in USI Insurance to Become Largest Shareholder
On Monday, USI Insurance Services announced that existing shareholder KKR intends to make a fresh equity…
5 Important Things to Know Before Getting Renters Insurance
Renters insurance may be required if you rent your house. While your landlord’s insurance policy covers…
How Climate Change Could Cause a Home Insurance Meltdown
Big wildfires had started burning more often in California, creeping closer to Beth Pratt’s home near…
Biden’s Administration Proposes Limit on Skimpy Health Insurance Plans
The White House is attempting to limit the use of low-cost health plans that former President…
3 Insurance Stocks With Promising Growth Potential
The insurance business is commonly associated with value enterprises that have the potential for consistent…
Property Insurance Costs Skyrocket for Florida Schools
Property insurance rates are soaring across Florida, and not just for homeowners. Schools also are…
Car Insurance Renewal Costs in the United Kingdom Have Risen by Up to 70%
Car insurance is the latest household expenditure to skyrocket, with disgruntled drivers saying that prices…
Why State Farm Isn’t Offering New Homeowners Insurance in California
When State Farm announced last week that it will no longer offer new house insurance…
Florida Insurance Companies are Facing Premium Increases as More Bankruptcies Loom
More Florida insurance companies may fail in the next 18 months. It’s a prediction made…
President Biden Moves to Expand DACA Recipients’ Access to Government-Funded Health Insurance
The Biden administration has announced a plan to expand DACA recipients’ access to Affordable Care…