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A customer-centered approach with simpler terminology may boost add-on policy sales.
Insurance industry news from MassMutual, Swiss Re, MS Amlin and more featured in weekly update.
Manhattan island in particular features unique seismic hazards, says Megan Linkin with Swiss Re Corporate Solutions.
Insurance industry news from Generali Investments Holding, Devonshire UW Limited, SageSure and more featured in weekly update.
Countries that rank among the top 50 most resilient nations recover from property losses 30% faster than other locations, FM Global reports.
Much like flooding, earthquakes are not typically covered by a standard home insurance policy.
The island nation produces more than half of the world's laptops, motherboards and network devices.
A survey from Pie Insurance highlights the less visible risks keeping business owners up at night.
In 2023, global insured catastrophe losses exceed $100B for the fourth consecutive year, according to Swiss Re Institute.
The proposal is part of California Insurance Commissioner Ricardo Lara's goal to enact insurance reform during 2024.
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