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The renters insurance market was worth around $4.5 billion in 2023.
Insurance industry news from MassMutual, Swiss Re, MS Amlin and more featured in weekly update.
Several years of data has emerged showing risk and loss patterns, making marijuana business policies easier to price competitively.
The RansomHub cybercriminal hacking group followed through on threats to share sensitive records stolen from Change Healthcare, despite the firm allegedly paying a $22 million ransom.
The four face up to 10 years in jail if convicted on all charges.
Homeowners in the Golden State must navigate insurance instability and uncertainty with care.
The contractor underreported payroll by nearly $1 million to lower his workers' comp premium.
As auto thefts rise across the country, lawmakers are considering measures to stem the tides.
Workers' compensation and auto theft are the most common fraudulent P&C claims, says CAIF.
Much like flooding, earthquakes are not typically covered by a standard home insurance policy.
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