U.S. property insurance costs accelerated 4.9% to a new record high in the first half of the year, with homeowners in hurricane- and wildfire-struck states facing some of the steepest increases.
A report finds that the “rebuilding” of Florida’s property insurance market after Hurricane Ian struck the state in 2022 has reproduced many of the same conditions that left homeowners exposed in the ...
Verisk and APCIA report a $170 billion net income for the insurance industry in 2024, with significant underwriting gains. Verisk and the American Property Casualty Insurance Association (APCIA) ...
In a recent report to stockholders, insurance giant Progressive used a word that every company would prefer to avoid: Refund. A statement filed by the company with the U.S. Securities and Exchange ...
The competitive environment will undoubtedly erode some of the insulation reinsurers enjoyed during the hard market, ...
The global population is expected to hit nearly 9.7 billion people by 2050, but beyond that, the nature of the population itself is changing due to aging. This is expected to fuel a rise in the ...
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current ...
Florida homeowners are experiencing high property insurance costs, but legislative action on reform is slow. Debate continues on whether further legislative changes are needed, with some arguing that ...
The insurance industry is undergoing a seismic shift, driven by the integration of artificial intelligence and digital technologies. The Global InsurTech Report for Q2 2025, released by Gallagher Re, ...
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results ...
TALLAHASSEE, Fla. (WCTV/Gray Florida Capital Bureau) - Florida is in the height of hurricane season, but for many families, the real storm is financial. A new report shows that the state’s property ...