Insurance News

Discover the reasons behind layoffs at Farmers Insurance following GEICO and Allstate and understand the industry-wide impacts reshaping the insurance landscape.

The Michael Champer Insurance Agency has opened an office in North Naples offering policies to different insurance companies. Read More

Renegade Insurance, a modern property and casualty insurance agency, has announced the opening of its newest branch in Charleston. Read More

Inszone Insurance Services has strategically expanded its network by acquiring Jackson Insurance Solutions, a well-established firm based in New Mexico. Read More

Distinguished Programs, a leading national insurance program manager, is set to expand its offerings with the launch of an Inland Marine program. Read More

In a recent insurTech and insurance company partnership, Neptune Flood Insurance announced a partnership with SIAA. Learn more.

CoreLogic, a property data and analytics provider, added new and revised storm updates and flood loss estimations for Hurricane Ian, resulting in a final figure of between $41 billion and $70 billion in insured and uninsured flood and wind losses.

At least 15 deaths were confirmed in Florida, while three other people were reportedly killed in Cuba after the hurricane struck the island. As the hurricane intensifies into Category 1 hurricane, it is forecast to make a second landfall in South Carolina on Friday.

On Tuesday, as Hurricane Ian made its way toward the west coast of Florida after knocking out electricity across all of Cuba, more than 2.5 million Floridians were under some type of evacuation notice.

Cowbell announced the launch of Cowbell Specialty Insurance Company, its subsidiary, and Adaptive Cyber Insurance—a dynamic approach to insuring the rapidly evolving cyber risks that businesses face.

To connect the industry’s property casualty professionals, the association is hosting a three-day learning and networking event in Dallas from October 2 to 4. The APCIA Annual Meeting seeks to unite carriers, reinsurers and insurers.

OBRIEN Insurance Solutions joins Socotra, which provides insurers with modern software apps. The insurance company seeks to deliver speed-to-market and agility to the insurance industry.

The database will help dog owners determine what illnesses their pet is susceptible to and hence take precautions.

A tropical storm in Southern California threatened to bring high winds, lightning, flooding, and mudslides to the region.

International insurance broker Howden has released of a product that provides insurance against the invalidation of carbon market.

Increase in flood losses in the past decade has created the need for better analysis for flood insurance. See how this affects buyers in the upcoming days.

The latest study by the IRC indicates that Louisiana is three times more expensive in comparison to Hawaii when it comes to purchasing auto insurance.

Insurers will likely continue denying claims for pandemic-related business interruptions, and business are responsible for their losses.

Family First Life has teamed up with Ethos, life insurance insurtech company that helps insurance agents protect their clients.

New York is set to change the workers’ compensation insurance law, which would make it easier for employees to seek more injury benefits.

A new analysis from Insurify forecast that, in 2023, insureds may spend an additional $1,846 on average for auto coverage, or 12% more. Read full news here.

According to recent research mergers and acquisitions in the global insurance sector experienced their fastest growth rate in ten years in the regular first half of 2022.

Get the news about how growth of the cryptocurrency market has led many insurance carriers to expand their business.

The pet insurance model act mandates guidelines for insurance agents who sell pet insurance as well as for policyholders. Read more.

Phishing scams are on the rise, and they’re becoming more sophisticated in 2023. Read this article to get the highlight on cyber-attacks.

With modern cars becoming more technology dependent, auto motive hacking is starting to increase and cause concerns to both insureds and insurers.

Did you know that almost 88% of all commercial lines written premiums are placed by the independent agency channel. Learn more.

Commercial insurance rates in the United States have been on the rise since the second quarter of 2020. Read for more details.

Florida’s home insurance market has always been challenging, but current issues are pushing it to the breaking point. Find out more!

U.S. consumers are plagued by scam auto-renewals despite efforts from the FCC. Such calls are recurring complaints from the general public.

The global cyber insurance market for energy is expected to grow from $102 million in 2021 to $442 million by 2030. Here are the details.

The insurance meltdown in Louisiana and Florida threatens to leave thousands of homeowners uninsured in 2022. Here are the details.

In a recent insurTech and insurance company partnership, Neptune Flood Insurance announced a partnership with SIAA. Learn more.

With the inclusion of crypto in 401k plans, many people are looking at this as a golden investment opportunity which can be concerning for fiduciaries.

Agents and brokers of insurance must uphold their moral obligations to the insured in addition to the issues posed by climate change in 2023.

The commercial property insurance market witnesses another rate increment at midyear. Read Rise in Commercial Property Insurance news.

Allstate Insurance is aware that the technology has potential for use in the insurance industry and has filed a patent for it. Read more.

With the ongoing fluctuation of insurance rates in the industry, auto insurance claims are getting expensive given the rise in car repair costs. Read more.

Nursing malpractice coverage can be a life-saving resource for nurses. Know about malpractice insurance via AH news article.

In 2021, the US Cyber Liability market saw an increment of 75% in direct premiums. In the first half of 2022, rates are rising by at least 60%

An insurance agency in Maine has drawn criticism for posting a controversial sign on Juneteenth this year.

Nearly all commercial insurance prices increased dramatically in May 2022. In Q1 2022, it raised for the 18th straight quarter.

With the ongoing market fluctuation in insurance rates, annuity sales has increased due to rising concerns of inflation among the people.

Liberty Mutual is restructuring its management team, with the CEO and other key members leaving by the end of 2022. Read on to learn more about the major changes.

Find out the positions and the representative states of the women in insurance who won the 2022 IBA Elite Women Awards.

The auto insurance rates is increasing all over U.S. Know the reasons why? Read more to find more about commercial auto insurance news.

Check out our NASCAR news article to find out how insurance companies and NASCAR racing teams benefit from a partnership.

The commercial trucking industry in U.S. is one of the largest operating industries in the nation. Read more to find out about its concerns.

Find out about the fastest-growing niche insurance market in 2023, and turn the prospects into profits as an insurance agent.

Experts in Georgia and Florida emphasize that preparation is vital to avoid the path of a devastating storm this hurricane season.

A high-risk sport like NASCAR racing needs optimal insurance coverage for the drivers involved. Read more to find how is it really determined.

The hurricane season is near, but it isn’t the only ongoing turmoil in Florida. Know how the property insurance market is near to insolvency.

Get a brief insight into how race teams are supported by NASCAR sponsorships via insurance companies in the past as well as the present.

Many homeowners are inviting serious risks by not taking the necessary steps to insure their insurance coverage keeps pace with rising inflation and increased building costs.

Florida is now home to one of the most expensive car insurance premiums. Auto insurance in Florida costs $1000 or 56% more than the national average.

Motorsport sponsorships are a lucrative investment, an increasing number of insurance companies have joined the list of motorsport sponsors.