Actuaries: Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years
The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of an actuarial analysis that concludes the phenomenon...
Five insurance companies are pulling out of Florida
Five insurance companies are pulling out of Florida, leaving homeowners with no choices in providers and major price increases. It is an issue that has been ongoing in Florida and with each...
Could using roadside assistance through car insurance impact you down the road?
BOSTON —Next time you get a flat tire, need a jumpstart or a tow, you might want to think twice about who you call for help.
"I went out...
Climate insurance startup kWh raises $20M
kWh, a company that tailors insurance policies for renewable energy installations such as wind and solar facilities, has raised $20 million in a Series B round, the company announced Tuesday morning.
Driving the news: The...
Homeowners’ insurance in high-risk states is becoming prohibitively expensive for older Americans who want to keep their homes.
As a money management professional, Eric Diton helps his clients manage complex personal finance issues. But he’s finding that more of them...
Auto Insurance Market Size Worth $1,620.2 Billion By 2028
FELTON, Calif., Feb. 7, 2022 /PRNewswire/ -- The global auto insurance market size is expected to reach USD 1,620.2 billion by 2028, according to a new report by Million Insights. It...
