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Homeowners in the Golden State must navigate insurance instability and uncertainty with care.
Rutgers examined which state insurance departments are best at providing residents with useful information.
Affirmations accounted the majority of rating actions taken by AM Best in 2023.
Insurance carriers are starting to get on top of rate adequacy challenges, with some closing in on target profitability.
Industry experts and carrier executives share insights on the trends that will shape the 2024 home insurance market.
Around one-third of consumers are unaware that macroeconomic factors, like inflation, impact insurance rates.
Even in the hardest of markets, agencies can flourish in the new year by forging stronger bonds with their carrier partners and clients.
The case involves an intoxicated teen driver, who got into an accident and injured a passenger.
The first auto insurance policy was sold a little over a decade after Karl Benz applied for the first patent for a gas-powered vehicle.
The outlook is driven by a host of factors, including rising loss cost severity and increased losses from secondary perils.
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