Browsing: Business Insurance

Insurance brokers are calling for insurers to show flexibility with co-insurance clauses due to the impact of tariffs on insured values, while insurers prefer to explore alternative solutions.

Columbus Business First recognizes Grange Insurance with Corporate Citizenship Award for outstanding community engagement and charitable contributions in 2024

New law requires insurance companies to be transparent about wildfire risk discounts and consider mitigation efforts when assessing properties

Understanding how insurance rating companies impact risk assessment, carrier reputation, and financial strength in the insurance industry

Allstate Corp. reported $777 million in estimated pretax catastrophe losses for May, primarily due to three large-scale wind and hail storm events

TravelPerk research shows 44% of business travellers lack company-level travel insurance, prompting the launch of new medical and baggage insurance for European travellers

Industry stakeholders expect artificial intelligence (AI) to revolutionize the global insurance business model by changing the industry’s skill base and facilitating more predictive risk management

China takes another step in liberalizing its financial sector, approving AIA Group and Aegon Group to establish wholly foreign-owned asset management subsidiaries in Shanghai

The Australian Securities and Investments Commission (ASIC) is cracking down on greenwashing in the financial sector, with significant penalties for non-compliance.

Industry stakeholders expect AI to revolutionize insurance business models by changing skill requirements and improving risk management and claims processes.