The hearing covered a wide range of issues, including private equity’s growing ownership of property-casualty and life insurers, climate risk, credit rating agencies, diversity and inclusion, and pandemic risk insurance.
Wildfire activity has become more extreme and destructive, with more record-breaking fire events in terms of the number of structures lost and acres burned in a single event.
Growth drivers in the MGA space included the strong rebound in the U.S. economy following the coronavirus pandemic and a continued broad-based rise in premium rates.
The comments express concern for the proposal and detail the vital role that agents play in the sale and servicing of National Flood Insurance Program (NFIP) policies.
Altruism, not return on investment, is the main reason agencies start a philanthropy program, but a majority of agents also reported that their contributions brought in new business.
The virtual conference will provide attendees with valuable training on ACORD standards and architecture, professional development opportunities, and insights on industry trends and issues.
The gift, which is the largest in USF’s Sarasota-Manatee campus history, will support educational programs in the risk and insurance fields.
Despite 30% of small businesses experiencing a premium increase, customer satisfaction with the price of their policies rose three points in 2022.
Despite 30% of small businesses experiencing a premium increase, customer satisfaction with the price of their policies rose three points in 2022.
Thirty years after Hurricane Andrew, a report from CoreLogic examines the impact of the storm and what might happen if an Andrew-like event were to occur again.
