News

As baby boomers move from home ownership to renting, only half stay loyal to their insurer, according to a survey by J.D. Power​.

AM Best rating actions for p-c carriers increased in the first half of 2021 with 10 upgrades and nine downgrades in the commercial lines segment and 16 upgrades and six downgrades in the personal lines segment.

The deal is anticipated to make Liberty Mutual the second largest independent agency carrier in the U.S., adding $2.3 billion in premium and State Auto’s network of approximately 3,400 independent agencies.

​While the composite rates for both commercial and personal lines decreased overall in second quarter 2021, all segments experienced rate increases.

As Americans gear up to host barbecues once again this summer, many aren’t doing enough to reduce grilling-related hazards and injuries. Here are some grilling safety tips to share with clients.

One in 3 Americans are unsure about what their insurance policies cover, according to a survey from The Hanover Insurance Group.

The main reason why customer satisfaction has stalled: Companies are missing the mark on effective communication with customers.

The acquisition will allow SafeAuto to grow its platform in the non-standard space. Additionally, Progressive finalized the acquisition of transportation insurer Protective Insurance Corp. ahead of schedule.

COVID-19’s evolving impact on the personal auto market is still unfolding. Keeping up-to-speed on trends and projections can help prepare for the road ahead.

A LexisNexis report illustrates that the secret to moving toward a touchless claims process may be through a hybrid model—and that insurance carriers can do more to turn virtual claims processing into a competitive advantage.