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In 2023, global insured catastrophe losses exceed $100B for the fourth consecutive year, according to Swiss Re Institute.
ValuePenguin survey results reveal Honda CR-V and Ford F-Series models are the most affordable vehicles to insure, while Tesla's Y model tops the list for most expensive auto insurance rates.
Most policyholders blame inflation and home prices for recent premium increases.
More than 30% of homeowners with internet say they would switch insurers to get smart home devices for safety and security.
Award-winning agencies elaborate on their technology integration and methods for staying informed about evolving policyholder needs.
Insurance industry news from Duck Creek Technologies, Agero, Marsh and more featured in weekly update.
With the average premium around $6,000, some Floridians are foregoing homeowners insurance in favor of self-insurance with their investments.
Among the lawsuits is a civil RICO action over allegations that the insurer and 10 other carriers have operated as a 'cartel.'
Swiss Re is forecasting a much more favorable 2024 for the industry, predicting strong premium growth of 7% for the year.
How much does getting a speeding ticket really affect a driver's auto insurance premium?
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