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The U.S. auto market is heavily concentrated with 10 large companies accounting for around 72% of the market.
Surplus lines premiums reached new highs for the past two consecutive years, according to stamping office data.
Discover a framework for building ESG reports, which can help in attracting top talent and improving brand reputation.
In total, insurance companies in the private flood market wrote $30.4 million in premiums last year.
Giving renters the ability to bundle other lines of coverage improves customer satisfaction and brand loyalty, J.D. Power reported.
The industry's latest ESG announcements address global emissions and Canadian pipeline coverage.
Customer satisfaction with agents saw the largest drop for businesses with 5-50 employees.
A study found that none of the world's top insurers demonstrated "leading practice" in climate-friendly investing and underwriting.
Consumer experiences, A.M. Best ratings and monthly costs were used to rank the home insurance providers.
The transaction will add about 3,400 independent agencies in 33 U.S. states to Liberty Mutual's business.