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The company received notice from Demotech of its intention to withdraw the insurer's financial stability rating.
The latest P&C industry personnel news from Swiss Re Corporate Solutions, Canopius Group, Prism Specialties and more.
Sanford & Tatum, one of the oldest insurance agencies in Texas, has been sued for allegedly participating in an elaborate fraud scheme.
Most auto insurance customers have not shopped around for competitive prices and services in five years or more, says Way.com.
Small business owners should know the tests used to properly classify employees, the risks of misclassification and best practices to avoid liability.
The new yearly insurance fraud estimate is the first time in 27 years the figure has been updated, according to the Coalition Against Insurance Fraud.
Over time, policy language has changed to be more specific and detail what exactly is excluded when it comes to animal claims.
The drought comes alongside a multi-month heatwave – the two elements combining to create the hottest, driest summer in the 61 years the government has recorded such data.
Small business owners even showed improved satisfaction with pricing, despite 30% seeing a premium increase.
The NICB and Mercury Insurance offer tips to help spot and stop insurance fraudsters looking to strike following a disaster.