Browsing: insurance

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of ‘a-‘ (Excellent) of Damaan Islamic Insurance Company ‘BEEMA’ (Q.P.S.C.) (Beema) (Qatar) with a stable outlook.

Verisk’s 2025 Benchmark Report reveals significant increase in settlement costs for Medicare-involved liability claims, driven by factors such as attorney involvement and prolonged settlement durations

Over 7,000 insurance claims lodged after severe flooding in New South Wales’s Mid North Coast and Hunter regions

Expert insights on emerging cyber threats, systemic risks, and regulatory changes impacting the cyber insurance market in 2025

Aegis Energy, in partnership with Everspan Group, introduces new Excess program offering up to $4 million in coverage for Petroleum Gasoline Haulers across the U.S.

Florida’s personal property insurance market reported its first underwriting profit in eight years in 2024, according to a new AM Best report.

Experts discuss challenges in California’s homeowners insurance market, including rising premiums and construction costs

AuguStar Life has introduced Virtus IUL III, an updated version of its indexed universal life insurance product with improved income potential and protection features.

Homeowners in California have filed twin lawsuits against over 200 insurance companies, alleging collusion to force them into the state’s insurer of last resort, the California FAIR Plan Association, following devastating wildfires in 2025.

Residents on NSW’s Mid North Coast are facing skyrocketing insurance premiums after recent devastating floods, leaving many without coverage