Based in New York, Stephen Freeman is a Senior Editor at Trending Insurance News. Previously he has worked for Forbes and The Huffington Post. Steven is a graduate of Risk Management at the University of New York.
Insurance Information Institute reports 2024 personal auto combined ratio outperformed broader property-casualty insurance. Report examines correlation between new vehicle and parts inflation to premium increases.The United States personal auto insurance industry achieved its strongest underwriting performance in...
A foundational policy, general liability insurance protects businesses from third-party bodily injury, property damage, and personal injury claims ( ...
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Motorists who claim on a little-known car insurance product are finding it more valuable than ever, as average payouts have trebled in four years.The average payout from Guaranteed Asset Protection - better known as GAP insurance - has...
Lockton Cos. LLC reported $4 billion in revenue for the fiscal year ended April 30, a 14% increase over the prior year, the brokerage announced Monday.
Nearly all the growth was organic, according to Lockton, whose fiscal year ended April 30.
U.S. revenue grew...
The auto insurance market is shifting gears.
Last year, the sector saw premium growth, lower retention rates and improved loss ratios, leading to a softening market and increased profitability.
However, it’s a...
