After accounting for the company's share of California Fair Plan losses of $99 million and a recoupable portion of $25 million, Mercury’s net wildfire-related losses for the six months ended June 30, ...

Even within SFHAs, where flood coverage is often mandated, 52% of expected annual losses remain uninsured. Low-income ...

Lawmakers move to cut required coverage for autocabs from $1.5 million to $200,000, forcing commercial auto insurers to ...

World Insurance Associates LLC has acquired Lighthouse Insurance Agency, a Louisiana-based firm, in a deal that closed on ...

Steadfast Group has completed the acquisition of Insurebot Pty Ltd, an Australian technology provider focused on automating the insurance quoting process for brokers.

These findings come as Canadian insurers continue to report increasing losses related to environmental risks. According to ...

Canada has recorded $7.1 billion in insured losses from natural disasters during the summer of 2024, marking the highest ...

The new franchise locations include Pasadena, California, owned by Saul Machado; Livermore, California, owned by Ray Ocon; ...

Over the past decade, theft-related claims increased by more than 115%, while the associated costs rose 371%, according to ...

Allianz has previously committed to expanding its role in renewable energy and low-carbon technologies, setting a target of ...

According to Lockton, insurers are balancing improved capacity and underwriting results with ongoing concerns about social ...

Southern Cross Travel Insurance (SCTI) has announced that it is closely observing the situation and has prepared its customer service teams to address policyholder concerns as events develop. Jess ...