Zurich Insurance Group is in talks to buy up to 51% of India’s Kotak General Insurance, two sources with direct knowledge of the matter said, a deal that would mark its first major bet on the fast-growing South Asian insurance …
The recent upticks in the frequency and severity of weather events has also affected insurance premiums for rental properties. According to S&P Global Ratings, insurance is an increasing percentage of total expenses for rental properties and the trend is expected …
About one third of auto insurance customers in the U.S. reported a rate increase in the past year, leading to a growing number moving to usage-based insurance (UBI). This has led to the largest decline in customer satisfaction in 20 …
This post is part of a series sponsored by AgentSync. Since Congress passed the Affordable Care Act (ACA) in 2010, it’s faced many challenges, and the newest comes from a court case recently decided by a judge in Texas: Braidwood …
The number of crimes against jewelers jumped to 2,211 in 2022, the largest number ever recorded, according to an annual crime report by the Jeweler’s Security Alliance. The total was 31.1% above the 1,687 crimes reported in 2021. “Crime trends …
One of the last property insurance-related bills to come out of the 2023 regular session of the Florida Legislature was signed into law this week, potentially saving insurers some cash, giving them some flexibility on rate requests, and raising hurricane …
Washington Insurance Commissioner Mike Kreidler is holding a workshop to hear from consumers, insurers and other parties on the reasons about auto and homeowners insurance issues being reported “at a record pace.” The Office of the Insurance Commissioner reported a …
The driver of a tractor-trailer hauling gasoline lost control on an off-ramp and flipped the tanker truck on its side in a wreck that set it afire and destroyed a section of the East Coast’s main north-south highway, Pennsylvania’s top …
Authorities say they have completely contained one of the two forest fires burning in the New Jersey Pinelands, while the other remains mostly contained. The New Jersey Forest Fire Service announced Monday that the fire in the Brendan T. Byrne …
Alera Group named Mark Dennis managing director for the Northwest region, which includes 16 locations across Alaska, Idaho, Montana, Oregon, Washington, Utah and Wyoming. Dennis joined Propel Insurance, an Alera Group company, 17 years ago and most recently was Propel’s …
