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Corey Dahl is assistant editor with PropertyCasualty360.com. Reach her at [email protected].
Gallagher: 87% of owners made a claim in 2024.
New and existing entrants in the space are keeping rates low.
While cyber claims are on the rise, ransomware payments declined over the last two years.
AM Best: Tort reform drove underwriting gains for personal property insurers in 2024.
Rising insurance prices are causing many home buyers to shift away from coastal communities.
Young homeowners are reporting high levels of buyer's remorse.
Multiple lawsuits have been filed for denial of smoke damage claims from the LA wildfires.
The average renters insurance policy costs just $14 per month.
Commercial property insurance and business interruption insurance can be vital after a fire.
AM Best: Tariffs, AI and other challenges could affect the segment.