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State Farm is expected to maintain its leading market share in California even without writing new business, according to Fitch Ratings.
How can permaculture initiatives improve disaster resilience, and why should insurers care?
Growing construction costs, increasing catastrophe exposure and a difficult reinsurance market led to the decision, according to the company.
Personalizing the claims experience is one of the primary opportunities available to insurers.
Insurance industry news from Carpe Data, RIMS, Openly and more.
From milk production coverage to income protection policies, insurers worldwide are taking novel approaches to lessen the blow from heat waves.
Home insurance rates in the U.S. are expected to see an average increase of 9% this year.
Direct premiums written in 2022 were up nearly $80 billion from the previous year, according to the NAIC.
Just ahead of Earth Day, the company's chief business development officer outlines its Second Annual ESG Report.
While a shorter workweek sounds appealing, small business owners should consider several factors before implementing this change.