Progressive reports 11% leap in financials

[ad_1] Transactional risk insurance saw strong uptake across technology, healthcare, and renewable energy, where dealmakers increasingly relied on coverage for tax-related exposures. Emerging markets, particularly in Latin America and Africa, also recorded increased usage, reflecting a growing insurance infrastructure supporting cross-border deals. [ad_2] Source link

[ad_1] The downstream energy sector saw limited major losses in 2024, encouraging insurers to reduce rates. However, potential losses in the first quarter of 2025 have already reached $1.5 billion, exceeding the prior year’s total, introducing potential volatility. [ad_2] Source link

[ad_1] Whether you’re spring cleaning or downsizing for a move, there’s something satisfying about getting rid of what no longer serves you. But did you know that decluttering your home can also improve your insurance preparedness? From ensuring you’re accurately insured to making the claims process smoother, organizing your belongings is more than just a…

[ad_1] Insurers face mounting risks from unregulated substances flooding the market [ad_2] Source link

[ad_1] In the US, operating DPW declined 3%, mainly due to the non-renewal of a large account. The region’s combined ratio improved slightly to 86.8%, helped by rate momentum across most lines. In the UK and Ireland, operating DPW fell 4% as portfolio remediation efforts continued. The combined ratio in that segment rose to 97.6%,…

[ad_1] A new bill introduced in the New York State Senate proposes to streamline oversight of podiatrists, chiropractors, and psychologists who treat injured workers under the state’s workers’ compensation system.  Senate Bill 8240, sponsored by Senator Ramos at the request of the Workers’ Compensation Board, was introduced on May 27, 2025, during the 2025-2026 legislative…