Regulators Weigh Model Law for Pet Insurance to Address Consumer Peeves April 5, 2021 By Suzanne Barlyn U.S. insurance regulators are close to creating a legal standard for pet insurance that would address long-standing consumer complaints that...
Regulators Weigh Model Law for Pet Insurance to Address Consumer Peeves March 26, 2021 By Suzanne Barlyn U.S. insurance regulators are close to creating a legal standard for pet insurance that would address long-standing consumer complaints that...
Bail Bond Insurance Industry Spends to Defend Profitable Business Against Critics March 26, 2021 By Alwyn Scott and Suzanne Barlyn Insurance companies have spent $17 million to defeat proposals to weaken or abolish the for-profit bail industry in the United...
Insurance Losses From Texas Storm May Set First Quarter Record: A.M. Best February 21, 2021 By Suzanne Barlyn Insurers could suffer record first-quarter catastrophe losses after the historic Texas winter storm, which crippled the state’s electrical grid and...
Insurers Expect ‘Hundreds of Thousands’ of Claims from Texas Storm February 19, 2021 By Suzanne Barlyn U.S. property insurers are bracing for claims for damage from collapsing roofs, bursting pipes and lost business as Texas takes...
AIG Hikes Rates Up to 45%; Reports Interest in Life/Retirement Unit Sale February 18, 2021 By Alwyn Scott and Suzanne Barlyn American International Group Inc. said on Wednesday it is hiking some commercial insurance rates by as much as 45%, a...
Florida Consumers ‘Flabbergasted’ by Property Insurance Rate Hikes February 12, 2021 By Suzanne Barlyn Florida property insurers are jacking up rates by double-digit percentages, blaming the hikes on lingering damage from past hurricanes, a...
Travelers Insurance Profit Soared in Q4 on Fewer Claims, Investment Gains January 21, 2021 By Noor Zainab Hussain and Suzanne Barlyn Property and casualty insurer Travelers Cos. Inc. reported a jump in quarterly profit that beat analysts’ estimates on Thursday, helped...
Taxpayers, Not Insurance, to Cover Costs of Capitol Damage by Trump Mob January 8, 2021 By Suzanne Barlyn U.S. taxpayers will be on the hook for damage from a mob attack on the U.S. Capitol in Washington on...
Rising Lawsuits Over Lack of Diversity Pushing Insurers to Look Closer at Recruiting, Succession Practices December 7, 2020 By Suzanne Barlyn U.S. insurers are taking a closer look at the recruiting and succession practices of corporate customers, worried about mounting lawsuits...