News

The aggregate price change for lines of U.S. commercial insurance was up 5.6% for the first quarter, compared to the 4.8% increase in the fourth quarter of 2022.

Nearly one-third (31%) of U.S. auto insurance customers have seen their rates increase in the past year, leading to the largest decline in customer satisfaction in 20 years.

This week, Nationwide announced it is pausing writing business in certain lines of insurance, joining the list of insurers who have withdrawn from markets.

This week, the National Labor Relations Board (NLRB) issued an interpretative memorandum asserting that many non-compete agreements interfere with employees rights.

CoreLogic’s “2023 Hurricane Risk Report” provides a detailed look at what’s at stake for the U.S. as hurricane season commences.

Nightmare customers and economic anxiety were balanced out by the news that the U.S. Senate has reintroduced a bill to make the 20% small business tax deduction permanent.

State Farm cited the hard market and protecting the company’s bottom line as the reason for the withdrawal.

The deduction is set to expire in 2025 but is heavily relied upon by many Big “I” members and their clients.

One in three U.S. workers say their job has had a negative impact on their mental health over the past six months, according to SHRM.

As economic anxiety increases and the hard market pushes insurance premiums higher, 51% of consumers said they are looking for ways to save money on their existing insurance policies.