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Business Insurance provides news and information for executives focused on risk management, risk transfer, and risk financing.
Skyline Insurance Group broadens its homeowners insurance services to new communities across Washington, emphasizing personalized service in a growing market.
Citizens Property Insurance Corp. experienced a significant reduction in policies, suggesting positive developments in the Florida property insurance market, although some lawmakers have expressed differing views.
Liberty Mutual Insurance is set to refund approximately $4 million to around 138,000 Louisiana policyholders after incorrectly applying the state’s property insurance assessment for several years.
A new bill in Florida may leave thousands of condo residents without state-backed insurance if their associations fail to complete mandatory structural integrity reserve studies.
Many California insurance companies commit to expedited payments for wildfire victims, but major insurers like State Farm decline, creating concerns.
HDFC Life Insurance stated that a previous data theft did not have a significant impact on their operations.
Recent reforms and market stabilization are leading to lower homeowners and auto insurance rates in Florida, according to Governor Ron DeSantis.