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Insurance commissioner 'provisionally' grants State Farm's 22% rate hike

California Insurance Commissioner Approves State Farm's Rate Adjustment California Insurance Commissioner Ricardo Lara has provisionally approved a 22% increase in homeowner insurance rates for State Farm General. This decision comes ahead of a...

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How Optimizing Modern Insurtech For A New Generation Is Building Generational Wealth

Insurtech's Role in Building Generational Wealth A recent announcement highlights how modern insurtech is changing the landscape for communities that...

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Insurance moves: Hinterland Insurance, NJM Insurance and HDI Global

Leadership Changes at Hinterland Insurance and Partners In a recent update from the insurance sector, Hinterland Insurance has announced the...

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Steadfast Insurance argues for Alabama jurisdiction as surplus lines coverage

Steadfast Insurance Seeks Alabama Jurisdiction Over Vandalism Claim In a recent development in the insurance world, Steadfast Insurance is pushing...

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Major Breakthrough: Lucid Diagnostics Secures Game-Changing Insurance Coverage for Cancer Test

Overview Highmark Blue Cross Blue Shield (BCBS) has become the first health insurer to offer coverage for the EsoGuard DNA test, developed by Lucid...

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New data shows 2024 was the costliest year for commercial insurance losses in nearly a decade

2024: A Tough Year for Commercial Insurance According to a recent report from Catastrophe Indices and Quantification Inc. (CatIQ), 2024 has emerged...

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Beyond Local: Jasper wildfire responsible for $650 million in commercial losses

Major Financial Impact of Jasper Wildfire: $650 Million in Commercial Losses Overview of the Announcement Recent reports indicate that the Jasper...

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US P/C insurers get ratings boost

U.S. Property/Casualty Insurers Experience Positive Rating Trends Recent reports indicate that the U.S. property and casualty insurance sector is...

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Commercial Lines Business Aids Selective Insurance, Cat Loss Ails

Selective Insurance Set to Expand Amid Rising Premiums Selective Insurance Group, Inc. (SIGI) is positioning itself for growth, particularly in its...

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Cytora Joins Google Cloud Marketplace to Transform Commercial Insurance

Cytora Launches on Google Cloud Marketplace Cytora, an AI risk digitization platform focused on commercial insurance, has announced its new...

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