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Insurers across all lines wrote $960,802,932,489 in direct premiums in 2023, according to NAIC market share report.
The groups being disciplined control around 90% of Japan's entire P&C market.
Seventy percent of all digital media use in the U.S. comes from mobile apps.
The outlook is driven by a host of factors, including rising loss cost severity and increased losses from secondary perils.
U.S.-based companies accounted for 20 of the top 50 largest nonlife insurers worldwide.
The Maryland Insurance Administration hosted the South American regulator as part of the NAIC's International Fellows Program.
Legal experts offer insights into how courts will handle accidents involving autonomous vehicles.
Proper coverage isn't just important for protecting clients; it's also important for agents and brokers to protect themselves. Are you ready?
Reinsurers' premium growth was mostly driven by rate increases and not exposure growth during 2022, according to AM Best.
The combination of seasoned veterans who understand insurance and younger tech enthusiasts is the key to success.
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