Domestic insurers are expected to absorb most losses from Europe’s worst wildfire season in recent history. Authorities have evacuated about 220,000 people in France as unprecedented wildfires burn ...
Insurance Business is a B2B trade publication in the insurance sector. Its focus is on a cross-section of the insurance industry with articles meant to drive thought leadership, provoke debate, and ...
Delaware Life Insurance Company’s recent reclassification of affiliated investments points to a larger issue in the U.S. life insurance sector. Fitch Ratings says rising exposure to private credit, ...
Studying the digital world on top of the latest metaverse trends can provide a significant advantage. Many big technology companies in the world are now investing in blockchain projects. Through this, ...
Lockton, the privately owned, independent insurance brokerage, headquartered in Kansas City, marked one year since enabling clients to pay insurance premiums using cryptocurrency. The broker says ...
Auto insurance costs are adding to affordability pressures across California, even as rents in the Los Angeles metro area fall to a four-year low and homeownership remains out of reach for many ...
The world undergoes constant change and this gives rise to emerging risks. These are new and changing risks that are difficult to quantify, yet can have significant impact on the insurance industry.
The US property and casualty insurance industry is on track for its lowest net combined ratio in more than a decade for full-year 2025, even after absorbing heavy losses from California wildfires ...
The California Department of Insurance has finalized its review of the state’s first approved wildfire catastrophe model, marking a major shift in how property insurers may assess and price wildfire ...
Starting Jan. 1, 2026, home insurers in Nevada may legally remove wildfire coverage from standard homeowners policies. The change, enacted by the Nevada Legislature this fall, confirms insurers’ ...
California FAIR Plan customers will face the insurer’s largest rate increase in years starting in October. Premiums will rise by just under 30% overall for nearly 663,000 residential policyholders.
Specialty insurance rates declined through 2025 and during January 1, 2026 renewals, with the pace of softening moving faster than expected, according to WTW’s Specialty Insurance Marketplace Survey.