U.S.
P/C Premium Growth Likely But Profits Delayed Until 2025: Forecast
Favorable first-quarter economic and underwriting results for property/casualty insurance are in line with projections that the industry will see a small underwriting loss in 2024 and achieve ...
Report: Insurers Keen on Replacing Legacy Systems Seek More Agility
Insurance companies are replacing or augmenting legacy systems in search of product innovation and technology integration, according to a new Information Services Group (ISG) Provider Lens Insurance ...
Insurers Hike Rates as Extreme Storms Like Beryl Proliferate
Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response. That ...
Study: MGA Market Still Growing
A hard market combined with underwriting capacity from fronting companies allowed for robust growth in the MGA market in 2023, according to a new Conning strategic study. The global investment ...
Honolulu Tops Allstate’s Safest Drivers Report
Hawaii, Minnesota and Washington are home to America's safest drivers, according to the 16th Allstate America's Best Drivers Report. Honolulu ranked highest for the safest drivers in America. ...
DoorDash Cracks Down on Drivers Who Break Traffic Laws
DoorDash said Tuesday that it's stepping up efforts to identify dangerous delivery drivers and remove them from its platform after a flood of complaints from cities. In a letter sent last month to ...
Biden Administration Raises FEMA Bar for Flood Resilience
The U.S. Federal Emergency Management Agency (FEMA) has finalized a rule mandating that projects built using its funds not only take into account previous and current levels of local flood risk, but ...
Worsening Floods Pose Threat to U.S. Dam Safety
Last month, floodwater in rural Minnesota pushed debris against a more than century-old dam and then carved a path around it, eroding so much of the riverbank that most of a house fell into the ...