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The average 16-year-old with their own auto insurance policy pays a premium of about $8,765, Forbes Advisor reports.

Insurance industry news from Alta Signa, CoreLogic, Hub International Limited and more is featured in this weekly update.

Between 2019 and 2022, homeowners watched the cost of insurance spike 55% and auto insurance rates swelled 46%.

Credit card-provided travel insurance may not be comprehensive enough to fully protect your trip.

Gallagher Re reports that global insurtech funding slipped 17.3% during Q1 2024.

The sheer volume of insurance technology tools available today gives rise to the need to identify the standouts. Submit a candidate before the extended nomination deadline on June 21.

Transform underwriting, and you transform insurance.

As agencies and carriers make significant technology investments, they must work together to mitigate new risks.