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Citizens Insurance has requested a 15% rate increase for 2026, which is the maximum allowed under state regulations. The request comes as the insurer continues to shed policies to private insurers.
Ohio saw a record 74 tornadoes in 2024, contributing to a 36.4% average increase in homeowners insurance rates from 2019 to 2024.
Discover the key factors affecting homeowners insurance rates, strategies to save on premiums, and a comprehensive state-by-state breakdown of average insurance costs.
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Global life insurance companies are under pressure to boost allocations to private credit to generate higher profits despite rising debt risks.
Central Bank of India acquires significant stakes in Future Generali India Insurance and Future Generali India Life Insurance, expanding its insurance presence
Climate advocacy group files complaint with Ontario’s financial regulator, citing 84% increase in home insurance rates between 2014 and 2024
Lazard Inc. has hired Cyrille Cotte from Evercore Inc. as head of insurance for its financial institutional group in Europe.
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New China Life Insurance Co., Ltd. Class H (HK:1336) announced the resignation of Mr. LIU Chongsong as employee representative supervisor due to work-related reasons.