Channel Harvest Research has completed its 17th annual national survey of independent agents and brokers, with a focus on how they’ve been managing the hard market in property-casualty insurance.
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Triple-I Stresses Preparedness for ‘Very Active’ 2024 Atlantic Hurricane Season
The start of what is forecast to be a “very active” 2024 Atlantic hurricane season is just four weeks away and the Insurance Information Institute (Triple-I) is recommending homeowners, condo owners, renters and business owners prepare now.
Southwest Florida May Keep Flood Insurance Discounts As FEMA Reevaluates
Southwest Florida residents may get to keep their discount flood insurance rates after all, as discussions between local governments and FEMA revealed a series of “miscommunications.”
Travelers Insurance Raising California Home Rates by 15% on Average
One of California’s largest home insurers is raising rates for hundreds of thousands of state policyholders by an average of 15.3%, the latest move by a major insurer to boost homeowners’ premiums in the face of growing wildfire risk.
IICF’s Blazing the Trail Gala Raises $560,000 for Midwest Nonprofit Partners
The Midwest Division of the Insurance Industry Charitable Foundation (IICF) raised $560,000 at its thirteenth annual Blazing the Trail Gala in Chicago last week.
New York Insurance Industry Warns Coverage Crisis Could Be Looming
An April report by the New York Civil Justice Institute finds in most cases, the insurances costs in the state are higher than anywhere else in the country.
USI Insurance Services Acquires Hignojos Insurance Agency
USI Insurance Services (“USI”), a world leader in risk management, employee benefit and retirement plan consulting, today announced the acquisition of Odessa, Texas-based Hignojos Insurance Agency.
Half of Auto Insurance Customers Currently Shopping for New Policies, J.D. Power Finds
According to the J.D. Power 2024 U.S. Insurance Shopping Study,SM released today, that notable increase in premium—combined with lackluster customer satisfaction scores this year—is putting more insurance customers into the market for a new policy than ever before. Nearly half (49%) of U.S. auto insurance customers say they are actively shopping for a new plan.
Amwins Launches Multiline Quoting Platform, Amwins InstantQuote
Amwins, a global distributor of specialty insurance products and services, launched Amwins InstantQuote (Amwins IQ), an online marketplace enabling access to firm, bindable quotes from multiple carriers within minutes
Biden Vetoes Bill Against Joint Employer Rule
President Joe Biden vetoed a Congressional Review Act measure to overturn the National Labor Relations Board rule broadening joint employer liability, fulfilling a promise made in January, the White House announced Friday.