Breaking down long-term care insurance costs by age
Nov 15, 2023 · Cost of long-term care insurance purchased at age 60. This long-term care insurance policy can be worth $211,600 once the policyholder turns 85 if the plan has a 1% inflation growth provision. The ...
Underwriting group Canopius exits space | Insurance Business …
Sep 30, 2024 · Insurance group Canopius has ceased writing new space business. The specialty lines (re)insurer – which operates via multiple underwriting platforms in Asia, Australia, Bermuda, the UK, and the ...
Consumers prefer human insurance advisors, but AI adoption grows
Oct 1, 2024 · The findings showed that while 88% of respondents prefer to receive insurance guidance from a human, the growing interest in AI indicated potential for technology to simplify the insurance process ...
Breaking Insurance News for Canadian Professionals
6 days ago · Global Weekly News Roundup July 03-07, 2023. Catch up on all the latest news including market continues recalibration at mid-year renewals. Updates on breaking insurance news that impacts Canadian ...
Insurance CEO salary: How much do executives of the top insurers …
Nov 20, 2023 · Data gathered by the Consumer Federation of America (CFA) reveals that the CEOs of the 10 largest personal lines insurance companies earned a combined $130.6 million in compensation in the latest ...
Revealed – the top 20 insurance brokerages by revenue
Jul 12, 2024 · Alliant Insurance Services Inc. $3.88 billion. 9. 10. Lockton Inc. $3.55 billion. 10. 8. TIH (formerly Truist Insurance Holdings)
Hurricane Helene's insured losses top $5 billion amid rising ...
Sep 30, 2024 · AM Best estimates that insured losses from Hurricane Helene will likely exceed $5 billion, driven by the storm's extensive wind field and its destructive path across highly populated areas ...
Florida insurers deny nearly half of hurricane claims, ratings …
Oct 8, 2024 · The agency's analysis of official filings revealed that several large Florida insurers denied nearly half of homeowner claims closed in 2023. Among these carriers were Castle Key Indemnity Company ...
Are reciprocal insurance exchanges an answer for hard Florida …
May 1, 2024 · Indeed, over the last two years, Farmers Insurance and three other carriers exited the Florida market. The new entrants usually aren’t as well capitalized as name-brand insurers, but they can ...
Gallagher Expands with acquisition of Risk International
By Kenneth Araullo. Oct 03, 2024 Share. Arthur J. Gallagher & Co has announced the acquisition of RIBV Holdings, LLC, and its subsidiaries, collectively known as Risk International. The Ohio-based ...