The CEO declared that policyholders were given renewal at a “competitively priced” rate. HCI Group, based in Florida, has taken over around 53,000 policies from […]
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Climate-Vulnerable Nations Face Potential Insurable Disaster Losses Exceeding 100% of GDP
Emerging research investigates potential dangers in areas prone to sudden infant death syndrome Risk research by the global insurance group Howden and a study by […]
Californians Show Resistance to Insurance Reforms, According to Consumer Watchdog
A “deregulation deal with insurers” was applied to the reforms. According to a Consumer Watchdog-commissioned survey, the majority of Californians are opposed to changes that […]
W.R. Berkley Appoints New President to Lead Technology Underwriting Division
His experience in the P&C industry spans nearly two decades. Berkley Technology Underwriters is a division of W. R. Berkley, and the company recently announced […]
What’s causing the price of homeowner’s insurance to rise?
Recent research indicates that various factors are causing an increase in home insurance premiums. According to a new analysis by the Insurance Research Council (IRC), […]
Rising to the Challenge: Key Issues Impacting the Power Sector
A significant global broker describes the “Trilemma of Tension.” The “Trilemma of Tension” in the global power sector is highlighted in WTW’s 2023 Power Market […]
Milestone Reached: Q3 Insurtech Investments Top $1.1 Billion Amid P&C Surge
The quarter-on-quarter growth experienced a significant increase, reaching a double-digit percentage. The insurtech industry received about $1.1 billion in new capital worldwide in the third […]
Insurance premium rates have remained stable despite experiencing 24 consecutive quarters of increases.
What drove the variations in growth rates across market sub-segments? According to Marsh’s most recent Global Insurance Market Index, commercial insurance premiums around the world […]
Software Giant Elevates Quoting with Next-Generation Embedded Application
The acquisition in 2022 prompted the change. Applied Systems has released its business insurance app, Tarmika Insured, which is embedded. With Tarmika Insured, agents may […]
SambaSafety and Insurance Alliance Collaborate to Publish Telematics Use Report
Almost three-quarters of business insurers currently provide or intend to provide a telematics-based product. SambaSafety, a provider of cloud-based risk management solutions, has collaborated with […]