Browsing: Business Insurance

The US property and casualty (P/C) insurance industry saw a significant turnaround in 2024, achieving its first underwriting profit since 2020, according to a recent AM Best report. This positive shift was largely fueled by improvements in the personal lines segment.

A new survey reveals widespread worry among Canadians regarding the financial and property impacts of climate change, extreme weather, and disasters, with insurance rates and property damage as top concerns.

With workplace discrimination charges up sharply, businesses must proactively manage risks to avoid litigation and regulatory scrutiny.

The evolution of insurance networks beyond market access, focusing on strategic growth, technology support, and expanded partnerships.

The reinstatement of executive orders targeting DEI initiatives has spurred concerns about potential legal and financial liabilities for businesses.

Industry representatives express worries about legislation that could impact home insurance pricing and coverage in the face of increasing wildfire risk.

A recent audit highlights the significant insurance premium reductions experienced by Louisiana homeowners who have upgraded their roofs to meet Fortified standards.

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As growth stocks face headwinds, several insurance companies, including Ryan Specialty, are showing strength and attracting investor interest.

Health Care Service Corp. acquires Cigna’s Medicare Advantage plans and related services for $3.3 billion, expanding its presence in the Medicare market.