Browsing: Business Insurance

A new e-crime insurance product designed specifically for small and medium-sized enterprises (SMEs) has been launched by Liberty Specialty Markets and Baobab Insurance to address growing digital fraud risks.

Uber is lobbying for insurance reform, arguing that high state-mandated insurance requirements are increasing costs for drivers and passengers in states such as California and New York.

In response to recent wildfires and broader insurance challenges, California legislators are proposing various bills to address the state’s insurance crisis, focusing on the FAIR Plan, consumer protections, and potential fossil fuel company liability.

Industry experts discuss the captive insurance market’s expansion due to the challenging conditions in the traditional insurance sector.

Philadelphia Insurance Companies (PHLY) is supporting companies seeking alternative energy solutions like wind, solar, and geothermal through environmental underwriting.

Following devastating fires, state legislators are seeking solutions to the ongoing home insurance issues in California, including reforms to the FAIR Plan and new consumer protections.

Governor DeSantis’s continued opposition to scrapping Florida’s no-fault insurance system could halt current legislative efforts to change the law.

Heritage Insurance Holdings reported a net income of $20.3 million for the fourth quarter of 2024, impacted by Hurricane Milton.

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Consumer groups are urging the California Supreme Court to reconsider a recent appeals court decision that could limit insurance coverage for wildfire debris damage.