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According to IBM, the average cost of a data breach in the U.S. is $9.44 million.
Nationwide Pet presented the feline named Giles with its 15th annual Hambone Award for most unusual pet insurance claim.
Reinsurance allows a primary carrier to pass, or cede, a portion of its liabilities onto another company.
Reinsurers' premium growth was mostly driven by rate increases and not exposure growth during 2022, according to AM Best.
Insurance in the U.S. started with a group of firefighters in Philadelphia – one of whom was Benjamin Franklin.
Even though some of their salaries were down from 2021, these leaders each earned multi-millions of dollars.
Insurance industry news from NFP, New Hampshire Insurance Department, Liberty Company Insurance Brokers and more.
Analysis from IRMI shows 2022 was favorable for insurance brokers globally, as customers began to see these professionals in a more advisory light.
Review the basics of the adjuster code of ethics and a breakdown of the differences between public, independent and company adjusters.
Friction during the claims process following a catastrophe can strain customer satisfaction and cause a sharp decline in renewals.
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