New US automobile tariffs, along with additional proposed tariffs targeting key trading partners, could increase costs and introduce further volatility across property, auto, life, and…

Currently, Nevada law classifies casualty insurance as coverage for vehicle insurance, liability insurance, workers’ compensation, and other forms of financial protection. A.B. 512 proposes adding…

“In times of economic uncertainty, having trusted insurance partners that are there to be with you through the good times and step in during the…

“A decade ago, 10-year policies were common. Five years ago, five-year terms were easy to secure,” she said. “Now, many carriers limit policies to three…

“I think the challenge is how can you control that? Because you wouldn’t, as an insurance company, declare overnight that everybody is allowed to write…

A key part of the underwriting process—and a major factor in determining property eligibility and pricing—is a community’s ISO Public Protection Class (PPC). The PPC…

Mercury Insurance, headquartered in Los Angeles, offers personal auto, homeowners, and renters insurance in several states through independent agents. The firm outlined several ways uninsured…

Experienced executives take on new roles to drive innovation and tackle challenges Source link

In 2022, the most recent year for which data is available, US households spent an average of $1,127 per vehicle on auto insurance, representing 1.51%…

Thousands of new positions opening up in new service centers Source link

Health insurance sector: UnitedHealth Group, Elevance Health, Cigna, Humana, and Centene dominate the U.S. health insurance space, with a strong presence in Medicare, Medicaid, and…

Kashif Syed, HGIC’s chief information and transformation officer, said that the cloud-based system allows the company to focus internal resources on functions that provide value…

Proposal targets uninsured rates with capped pricing and PIP opt-out options Source link

Carrier to prioritize growth areas after substantial net loss Source link

Catastrophic events during the prior year had a substantial impact, with the company paying out approximately $11.4 billion in catastrophe-related claims during the year. For…

Stronger indemnity planning will be key Source link

“Interestingly, that may increase the number of third-party lawsuits,” he said. “There is, in the US, the ability for citizens to do a citizens’ action…

Her career began as an actuary at AIG before moving into underwriting, where she held senior positions, including president of American Home Assurance Company. She…