The American Property Casualty Insurance Association (APCIA) released the following statement in support of today’s House Committee on Oversight and Accountability hearing entitled, “Unsuitable Litigation: Oversight of Third-Party Litigation Funding.”
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As Climate Catastrophes Rise, Reinsurers Reduce Risks
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.
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.
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AM Best: Fifth Straight Year of Double-Digit Growth for the U.S. Surplus Lines Segment in 2022
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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.