As part of an agreement, 56,500 FedNat Insurance Co. policies are being canceled, while some insurers have proposed rate hikes of more than 20%.
Embracing innovation can allow insurers to remain competitive in uncertain times.
Smaller insurers became a favorite target for the LockBit ransomware gang during Q1 2022.
Sponsored by LexisNexis® Risk Solutions
Accurately assessing roof condition is crucial for home insurers looking to reduce risk. Download this white paper and learn how to properly assess roof condition using aerial imagery data with important claims-driven context in order to underwrite appropriately, better manage risk and improve the customer experience.
Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!
- Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
- Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
- Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events
Copyright © 2022 ALM Global, LLC. All Rights Reserved.