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NerdWallet rated renters insurance companies based on financial strength, customer experience and more.

These companies top the list when it comes to providing professional liability insurance in 2022, according to AdvisorSmith.

A commonality among the top insurers on this list is strong financial ratings from AM Best and S&P.

During 2020, the sector's combined ratio improved year on year, moving from 109.3 in 2019 to 101.8.

Will Nichols of Verisk Maplecroft and Bill Churney of AIR Worldwide discuss expanding climate risks in this edition of Insurance Speak.

More than 90% of insurance executives say climate risk will have a major impact on how they build their portfolios over the next two years.

In addition to the monetary pledge, the company also signed the UN Global Compact.

The insurance company also provided mentoring opportunities to six students at historically Black universities.