Homeowners taking chances with natural disasters and other threats The Wall Street Journal claimed that rising costs and misperceptions of risk are driving more and […]
Category: Insurance
Companies Continue to Depart from California’s Challenged Homeowners Market
The mass migration persists Several sources indicate that two more insurance companies are leaving the struggling California homes market. In the next months, AmGUARD Insurance […]
Is There a Retreat of Auto Insurers from the California Market?
Delays in rate approval add complexity to companies’ escalating costs. There are allegations that vehicle insurers in California are limiting the number of coverage they […]
Trisura Group Sets Sights on US Expansion through Treasury-Listed Acquisition
The arrangement is poised to significantly alter the US surety market. According to David Clare, the president and chief executive of Canada’s Trisura Group, the […]
US Faces Growing Concerns About Armed Intruders and Violence, Report Finds
The issue of utmost importance pertains to educational institutions and religious establishments. According to the newly published Risk Radar Report by Church Mutual Insurance Company, […]
Q2 Sees Growth in Insurance Revenue Reported by Trisura
The findings demonstrate a consistent and enduring progress. The financial results for the second quarter of 2023 have been disclosed by Trisura Group, revealing a […]
Hippo Employs Industry Veteran to Lead Claims Division
The newly hired individual has established their professional trajectory through the implementation of an acclaimed strategy that prioritises client satisfaction. Hippo, a home insurance provider, […]
Kemper CEO Observes Most Disrupted Phase in Personal Lines Insurance Industry
Kemper seeks to mitigate the impact of its financial loss by implementing personal insurance exits and undertaking supplementary measures. According to the CEO of Kemper […]
Restructuring Underway for McGriff’s Personal Lines Operations
Revamp Strategy Centers on Directly Assisting Client Sales and Service Insurance agency McGriff, a retail broker, has announced a restructuring of its individual lines division. […]
2023 Underwriting Loss in P&C: A Deeper Look into the Whys and Hows
Revealing Report Explores Dominant Trends Shaping Industries Forecasts put the P&C industry’s combined net ratio at 102.2 in 2023, down from 102.4 in 2022. Poor […]