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Small business struggles mean many are seeking stronger insurance solutions, says the insurtech Counterpart.
The sector's success is largely pegged to a favorable pricing environment and growing demand from hard to place risks.
Cities around the world have seen record rainfall 139 times in 2023.
Whenever your skill is specialized and there aren't enough people doing it, you become more valuable.
Foundational value: Surety firms truly want to help insurance agents with clients who need to be bonded.
The order tasks the insurance commissioner with improving the rate approval process, a long-time sticking point with carriers in the state.
Growing catastrophe losses combined with rate inadequacy are masking the true risks facing nearly 40 million properties.
The South and parts of the Midwest are less vulnerable compared to parts of New Jersey and Illinois, which are most at-risk.
The one-year moratorium will impact more than 15,000 policyholders in Del Norte and Siskiyou counties.
The first half of 2023 saw above-average natural catastrophe losses, while secondary perils added further pressure.