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Property owners voice concerns on insurance rate hike proposal in NC – WSOC TV

RALEIGH — A public hearing was held Monday to address a proposed insurance rate hike for North Carolina homeowners, ABC affiliate WTVD reported.Insurance companies are asking for a 42% rate hike statewide and a 99% increase for property owners along the North Carolina coast.The North Carolina...

Global specialty (re)insurance sector gains investor confidence: ICMR

In a recent review conducted by Insurance Capital Markets Research (ICMR), the ‘RISX’ equity index, representing listed companies with businesses in the Lloyd’s market, has showcased robust annual returns for the year 2023. Investors have shown a renewed appetite for the sector, with the...

Berkshire Hathaway Specialty Insurance Welcomes Jess Au as Head of General Property in Asia

Based in Singapore, she succeeds Ophelia Szeto who is retiring from the role after nearly a decade with the company. “I also want to thank Ophelia for ... Source link

Mechanical Breakdown Insurance Vs. Extended Warranties (2024 Guide)

While mechanical breakdown insurance is similar in nature to extended warranty protection, there are several differences between them, which we outline below. What Is Mechanical Breakdown Insurance? Mechanical breakdown insurance (MBI) is a specialty type of coverage...

Community Bank System, Inc. Elects Michele Sullivan as New Independent Director | Wire19

She worked with top United States and global banks, as well as mid-market insurance carriers and fintech companies, providing consulting services on ... Source link

Cheapest Car Insurance in New York for January 2024

Our auto insurance methodologyOur insurance products are then rated on a scale of one to five stars, primarily focusing on:PricingWith so many options for insurance across the board these days, it's easiest, and quite effective, to first look at the bottom line. Do...