Insurance companies are retreating from wildfire and hurricane-prone areas, causing rising premiums and fewer coverage options for homeowners. This shift challenges mortgage lending and exposes growing risks in disaster-prone U.S. regions.
The Tenth Circuit affirms that Colorado auto insurers can limit liability coverage to vehicles listed in policies, reinforcing vehicle-specific liability rules under state law.
Bowhead Specialty Holdings sees increased institutional investment and favorable analyst ratings following strong Q1 earnings, highlighting growth in the specialty P&C insurance sector.
The Federal Reserve's decision to maintain steady interest rates keeps current CD yields stable, but anticipated rate cuts may push banks to lower rates soon. Learn why locking in a 5-year CD now could secure favorable returns before yields decline.
Massachusetts debates new autonomous vehicle legislation amid union concerns over job displacement and safety, while industry highlights efficiency and safety advances. Regulatory framework and data reporting differences are key issues.
Explore insurance challenges and coverage options in the expanding peer-to-peer sharing economy, including vehicle and property rentals, liability protection, and industry risks.
US commercial property and casualty insurance market offers most favorable buying conditions in over five years, with competitive pricing and improved terms, reports Lockton.
California Insurance Commissioner expands FAIR Plan coverage to commercial properties and enhances transparency as wildfire claims and regulatory scrutiny increase. Learn about the impacts on insurers and policyholders.
Auto glass insurance fraud is increasing across Florida to Kentucky, causing higher costs and challenges for insurers. This surge in fraudulent claims drives up premiums and impacts claims processing in the U.S. insurance market.
Explore the risks of out-of-state vehicle registration amid rising auto insurance rates, including potential insurance fraud and legal consequences. Learn state-specific rules and compliance tips.
