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The sector's success is largely pegged to a favorable pricing environment and growing demand from hard to place risks.
The state insurance regulator reported that the mandated homeowners insurance does not necessarily need to be acquired under a separate policy.
Four pending suits are demanding more than $2 million in damages from Broan-Nutone over a March 2021 fire in a shopping center in New Jersey.
Citizens' president and CEO said that Citizens is now forecasting it will have about 1.3 million policies at the end of 2023, after earlier estimates of 1.5 million to 1.7 million policies.
The proposed reforms show a sea change from where the California Department of Insurance was six months ago.
Foundational value: Surety firms truly want to help insurance agents with clients who need to be bonded.
Insurance in the U.S. started with a group of firefighters in Philadelphia – one of whom was Benjamin Franklin.
The order tasks the insurance commissioner with improving the rate approval process, a long-time sticking point with carriers in the state.
Discover the issues that are likely to drive D&O claims in a range of industries.
The state at the top of the list sees auto insurance rates that are 66% higher than the national average.