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American Mobile Insurance Exchange reportedly made the move due to its deteriorating financial conditions.
Planet Earth recorded the hottest day on record on Sun., July 21, 2024.
Continuous CAT losses can jeopardize your agency's appointments with carriers.
Hail can fall up to 100 mph and ranges from the size of a pea to a grapefruit, causing varying degrees of destruction.
Study shows more Americans renting out of necessity.
Study shows 22.4 million households spend more than 30% of their income on rent and utilities.
Sprains, strains, lacerations and contusions make up most of the injuries reported during the study period.
Extreme weather, hyperinflation and social inflation are forcing carriers to make difficult adjustments.
The global market for embedded insurance is projected to grow to about $500 billion by 2030.
Most insured losses will be retained by primary insurers while economic losses may trigger parametric coverages.