American National Exiting Homeowners Insurance Market
May 31, 2024 · American National’s move comes as the U.S. homeowners insurance segment posted its worst underwriting results in over a decade in 2023.
Insurance Journal - Property Casualty Insurance News
National News. Progressive to End Offering Dwelling Fire Insurance; Biden Administration to Support Controversial UN Cyber Treaty; Supreme Court Lets Stand Ruling Curbing Bid-Rigging Prosecutions
National News Archives - Insurance Journal
Nov 7, 2024 · How Insurance Industry Can Use AI Safely and Ethically; Insuring the Unique Risks of a Bed & Breakfast; Senior Living Facilities Face Labor Shortages, Nuclear Verdicts and Changing Insurance Market
NFIP to Begin Taking Monthly Flood Insurance Payments
Nov 4, 2024 · The National Flood Insurance Program will soon start to accept monthly payments for flood insurance premiums, ending 55 years of requiring full payment upon application or renewal.
Why US Home Insurance Rates Are Rising Fast – Climate Change …
Sep 26, 2024 · Millions of Americans have been watching with growing alarm as their homeowners insurance premiums rise and their coverage shrinks. Nationwide, premiums
Nationwide to Take Actions to Limit Risk in ... - Insurance Journal
Jun 13, 2023 · Recently State Farm, Allstate, AIG, and Farmers have made moves to reduce risk within their books of business in states such as California, Florida, and Louisiana. AIG is set to limit new policies ...
Insurance News from October 2024
Oct 31, 2024 · Senior Living Facilities Face Labor Shortages, Nuclear Verdicts and Changing Insurance Market; How Flood Risk Is Driving an Insurance Protection Gap in the US; Risky Business
Marsh: US Commercial Insurance Rates Up 3% on Hikes in Casualty
Oct 24, 2024 · Commercial insurance rates during the third quarter in the U.S. increased 3%, with casualty rates up 10%. According to Marsh's Global Insurance Market.
AIG CEO Zaffino on Approach to Catastrophe Losses in Today's ...
Nov 6, 2024 · American International Group CEO Peter Zaffino said he expects the reinsurance market to remain above losses generated by the frequency and severity of natural catastrophes.
D&O Market in 'State of Transition' on Litigation Trends: Woodruff …
Sep 16, 2024 · For 2025, new insurers to D&O will take more risk for market share, but more seasoned carriers will “defend their turf,” the broker said. Public companies “will continue to have an option ...