Trump International Hotel & Tower in Chicago has agreed to a $4.8 million settlement following allegations that its cooling system […]
Concerns Over Exec Pay at Slide Insurance Spark Debate on Citizens’ Rate Strategy
During Wednesday’s Board of Governors meetings, a Citizens Property Insurance Corp. committee voted to recommend a full 15% average rate […]
Connecticut Aims to Reduce Auto Claims Arbitration by Shifting Costs to Insurers
Connecticut lawmakers have passed legislation that will transfer the financial responsibility for arbitration hearings between claimants and insurance companies over […]
Homeowner’s Oversight Doesn’t Shield Insurance Agency From Negligence Claim
A homeowner in North Carolina has successfully challenged an insurance agency’s attempt to dismiss a lawsuit after his hurricane-damaged property […]
Boeing Reaches Tentative Deal With U.S. Over 737 Max Crash Case
Boeing Co. has tentatively settled with the U.S. Department of Justice in a deal that would allow the aerospace giant […]
Florida Property Insurers Return to Profitability in 2024 After Years of Losses, AM Best Reports
For the first time in nearly a decade, Florida’s personal property insurance sector posted an underwriting profit in 2024, signaling […]
Underwriters of Tomorrow Will Be Constant Collaborators With Agents, Insurance Executive Says
The future of underwriting lies in deeper, more strategic partnerships between insurance carriers and agents, with carriers playing an active […]
House Republicans Reintroduce Bill to Strip Federal Insurance Office of Subpoena Authority Amid Ongoing Regulatory Tensions
On May 15, 2025, Rep. Scott Fitzgerald (R-Wis.) reintroduced legislation in the U.S. House of Representatives that aims to curtail […]
Canada’s Insurance Industry Struggles Under Wave of Climate-Driven Disaster Claims
As climate change fuels hotter summers, intense hailstorms, and severe flooding across Canada, the insurance sector is facing mounting pressure. […]
INSURANCE: DEFINITION, HOW IT WORKS, AND MAIN TYPES OF POLICIES
What Is Insurance? Insurance is a contract, represented by a policy, in which a policyholder receives financial protection or reimbursement […]
5 REASONS TO GET LIFE INSURANCE (WHY YOU SHOULD CONSIDER BUYING LIFE INSURANCE)
Reasons to buy insurance are different for everyone. But the decision to purchase insurance is, at its core, all about […]
GET THE BASICS TO LEARN HOW INSURANCE WORKS
Learning how insurance works takes some effort, but it’s vital to know the basic concepts of coverage to get what you need. Being […]