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Insurance news provides updates on industry trends, regulations, and innovations. It covers topics such as new insurance products, market developments, and insights into risk management, offering valuable information for policyholders and industry professionals alike.
Progressive Ends Fire Insurance
Progressive Insurance has announced that it will discontinue offering dwelling fire insurance, commonly known as "landlord insurance," for non-primary residences...
Read moreZurich Insurance Sets New Goals
Zurich Insurance Group AG has announced ambitious new targets for profitability and growth over the next three years, driven by...
Read more4th Circuit: No Crypto Coverage
A recent ruling by the Fourth Circuit Court of Appeals has clarified that homeowners insurance policies do not cover the...
Read moreSafeco Buys Main Street
Liberty Mutual’s Safeco Insurance has announced a significant agreement to acquire the personal lines business of Main Street America, marking...
Read moreBlacks and Hispanics Pay More for Car Insurance
A recent study has found that Black and Hispanic drivers often pay more for auto insurance than other groups. However,...
Read moreReinsurers’ 22% ROE, Softening Unlikely
AM Best has reported that the global reinsurance sector achieved a return on equity (ROE) of 22% in 2023, marking...
Read moreMaryland Fears Mobile Home Values Will Drop as Insurance Fades
Homeowners of mobile and manufactured homes in Maryland's coastal areas are struggling to find insurance coverage as many insurance companies...
Read more4th Circuit Issues Case, No Cryptocurrency Theft Coverage
A recent ruling by the Fourth Circuit Court of Appeals has clarified that homeowners insurance policies do not cover the...
Read moreNH Court Strikes Geico Claim Provision
The New Hampshire Supreme Court has ruled that a provision in an auto insurance policy requiring insured individuals to seek...
Read moreInsurer And Contractors Claim Staged Injury Fraud
A captive insurer in the construction industry, along with three construction contractors, has filed a lawsuit in New York, alleging...
Read moreRecent Posts
Insurance Rates Decline Across Major Lines in Pacific Region, According to New Report
Insurance rates in the Pacific region saw a decline of 8% during the first quarter of 2025, as reported in...
Fine Art Insurance Market Poised to Reach $838.4 Billion by 2034, Driven by Growing Demand in APAC
The global fine art insurance market is expected to experience substantial growth in the coming decade, with projections indicating an...
Talanx Group Reports $683M Net Income for Q1, Surpassing Expectations
Talanx Group has posted a preliminary consolidated net income of $682.52 million (€604 million) for the first quarter of 2025,...
FUW Insurance Launches New Commercial Division to Expand Market Presence
FUW Insurance Services Limited has officially launched a new division, FUW Commercial, as part of its strategy to broaden its...
Thailand’s OIC and NESDB Collaborate on Weather-Index Insurance for Farmers Affected by Natural Disasters
The Office of Insurance Commission (OIC) and the Office of Agricultural Economics (OAE) have announced their collaboration to advance a...
ABI Confirms David Otudeko as New Director of Regulation
LONDON, UK — The Association of British Insurers (ABI) has appointed David Otudeko as its new Director of Regulation, following...
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