Insurance News

How did the regions fare after challenging renewals in the previous year? Aon has provided insights into the mid-year 2024 reinsurance renewal, indicating a return to stable market conditions in

The average rate increase for U.S. personal lines coverages was about 7.6% in the second quarter, up from about 4.8% for the first three months of the year, according to

Progressive Insurance has agreed to a $48 million settlement with a class of 93,000 New York policyholders who claim the insurer underpaid their total loss claims on their vehicles. The

One case involves auto claims adjusters GEICO is to shell out around $8 million to settle with auto claims adjusters and policyholders in two separate cases. In the case involving

Insurers are nervous that militant attacks or AI-generated fake images could derail the Paris Olympics, risking event cancellations and millions of dollars in claims. Insurers faced losses after the 2020

Labour’s landslide election win shows few signs of unsettling London’s financial heartland after the party’s lengthy pro-business overtures, though many in finance remain wary they could be targeted to prop

Attacks by Iran-backed Houthi militants on the Red Sea have reinvigorated piracy networks in Somalia, with criminal groups growing in both number and force, a European naval commander said. The

"Pioneering" report offers insights and wake-up call California Insurance Commissioner Ricardo Lara (pictured) has released an in-depth report examining the uninsured and insured costs associated with recent extreme heat events

Ranking based on 2023 individual life premiums AM Best has ranked the individual life insurers in the US based on their 2023 individual life premiums. Here are the top 10,

An abandoned tanker that was drifting off Yemen’s coast in June has disappeared and is believed to have sunk, three navy and security sources said, the latest vessel lost in