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The latest insurance industry personnel news from Acrisure, Allianz Global Corporate & Specialty, WTW and more.
These survey results are based on responses from more than 4,100 current U.S. residents.
When an insured dies, does the policy continue to provide coverage and, if so, who is covered?
Claims transformation is part of the problem, but can also be part of the solution.
Coverage questions arise for additional insureds when a policyholder passes away and the policy automatically renews.
National Flood Insurance Program and private insurance losses are expected to range from $8B-$18B, according to CoreLogic.
Bundling is an attractive option, but there are factors to consider when deciding whether it's best to keep your insurance policies with one carrier.
Floods are an excluded peril in standard homeowners policies, so those in areas in danger of flooding should consider additional coverage.
Small business owners even showed improved satisfaction with pricing, despite 30% seeing a premium increase.
The 'loophole' allowed the auto insurer, which has raised rates 40% this year, to bypass the state insurance commissioner in implementing rate increases.
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