News

A Superior Court ruled that the Washington insurance commissioner lacks the statutory authority to unilaterally ban the use of credit information for rating and underwriting.

While CAT losses are down in the first half of 2022, they are 18% higher than the 21st-century average, according to Aon.

In a big win for the Big “I,” the legislation did not include any of the potential small business tax increases that the Big “I” advocated against for the last 19 months.

In April, Markets Pulse e-newsletter recipients were quizzed on their catastrophe risks knowledge. Here are the results.

As many as 53% of independent agents are expecting a significant increase in online commercial insurance buyers over the next three years.

Auto claimants’ wait for collision repairs jumped 4.5 days in the second quarter of 2022 from the second quarter of 2021, according to a report from Enterprise Rent-a-Car.

If enacted, the “American Data Privacy and Protection Act” (ADPPA) would create a national standard on the kinds of data companies can gather from individuals and how they can use it.

The purpose of the hearing was to gather stakeholder and industry perspectives on the current state of the Federal Crop Insurance Program (FCIP).

Legislation includes the SAFE Banking Act preventing criminal prosecution against agents engaging with cannabis-related legitimate businesses, as well as the Hermit’s Peak Fire Assistance Act.

There were 427 announced insurance agency mergers and acquisitions during the first half of 2022, up 16% from 369 for the same period in 2021, according to OPTIS Partners.