The Business of Insurance
What's happening in insurance today? From market changes and M&A activity to new coverages, the insurance industry is ever-evolving. To stay up-to-date on the business, these articles, which are updated regularly, will help insurance professionals maintain a competitive edge.
August 18, 2020
Survey: Independent agencies report lost revenue, clients during COVID-19A study from the Big "I" reveals the effects of the coronavirus pandemic on the day-to-day operations of U.S. insurance agencies.
August 17, 2020
Root Insurance vows to remove credit factors from policy ratingsThe company hopes its announcement will inspire other insurers to fight discrimination, bias, and systemic inequity in auto insurance.
August 06, 2020
Trends driving the hard transportation market in 2020Thin profit margins, loss history and reduced insurance carrier appetites continue to plague commercial auto clients.
August 03, 2020
P&C insurance industry suffers largest-ever drop in surplus in Q1 2020The surplus fell to $771.9 billion as of March 31, 2020, from the record-high $847.8 billion at the end of 2019.
July 27, 2020
Amazon is now selling auto insurance in IndiaThe biggest name in e-commerce said it also plans to expand its new insurance offerings to cover health, flight and cabs.
July 23, 2020
Best homeowners insurance companies of 2020U.S. News' list of top homeowners insurance companies considers A.M. Best ratings, consumer reviews and average monthly costs.
July 22, 2020
Beazley launches cyber, financial lines insurance in Colombia"For all businesses today, the risk of a cyberattack is a very real prospect," says Beazley's Alessandro Lezzi.
July 16, 2020
Lemonade introduces new pet insurance productLemonade's pet insurance is poised to shake-up a rapidly growing market, with policies starting at $12 a month.
July 16, 2020
New Calif. initiative supports diverse insurance investments'Invest in Our Diverse Communities' will help guide insurance companies towards socially responsible investments across California.
July 10, 2020
Personal lines composite rate holds steady at 3.5% in Q2 2020MarketScout breaks down Q2's personal lines composite rates by homeowners insurance, automobile and possessions.