Natural disasters are now happening so frequently that reinsurers — the firms that sell insurance to insurance companies — are scaling back their exposure to such risks.
Author: Annie George
Home Insurance Prices Up 21% as Homeowners Are Left to Deal with Climate Change, Turbulent Market
As the U.S. grapples with a surge in extreme weather and natural disasters, home insurance prices are continuing to skyrocket.
NetVU and IAIP Partner for Leadership Development
The Network of Vertafore Users (NetVU) has announced a new partnership with the International Association of Insurance Professionals (IAIP) to provide a leadership development certification program for NetVU members.
Across America Insurance Services Announces New Products, Partnership with INSTANDA
Across America Insurance Services, a wholesaler in the truck insurance industry, today announces the launch of a new line of commercial auto products powered by INSTANDA, a digital platform provider that enables carriers and MGAs to create, build and implement complex insurance products with agility.
AM Best: Fifth Straight Year of Double-Digit Growth for the U.S. Surplus Lines Segment in 2022
Total U.S. surplus lines direct premiums written (DPW) marked a double-digit growth rate increase for the fifth consecutive year, climbing by 19.2% to reach a record $98.5 billion in 2022, according to a new AM Best report.
Insurers Call for Federal Disclosure Rules on Third-Party Litigation Funding
Insurance industry representatives called for more transparency into third-party litigation funding and praised federal lawmakers for highlighting the issue during a Sept. 13 U.S. House Oversight and Accountability Committee hearing.
Signers National Earns Two Major National Recognitions
Signers National, a group of premier insurance companies dedicated to servicing key client segments across the United States, today announced they have been named to Insurance Journal’s Top 100 Property/Casualty Agencies and to the 2023 Inc. 5000 Fastest-Growing Private Companies in America list.
4 Reasons Why Car Insurance Premiums Are Soaring
The cost of auto insurance jumped more than 19% during the year ending in August, while overall inflation was 3.7%, according to the Labor Department Wednesday.
ReSource Pro Announces Brittany Boyer as Vice President of Product
ReSource Pro, a leading provider of technology-enabled business solutions for insurance providers, today announced Brittany Boyer as its Vice President of Product.
Kevin Gaut Joins Insurance Software Solution INSTANDA as CTO
INSTANDA, the global provider of no-code insurance platform technology, has appointed Kevin Gaut as its new chief technology officer (CTO).