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Category: Insurance


Activity, Insurance

U.S. Commercial Insurance Prices Were Up 4% in Q3: WTW

December 9, 2019

Via: Insurance Journal

U.S. commercial insurance prices accelerated during the third quarter of 2019, as the aggregate price change reported by carriers exceeded 4%, according to insurance broker Willis Towers Watson. WTS’s Commercial Lines Insurance Pricing Survey (CLIPS) survey compared prices charged on […]


Activity, Insurance

What Is Full Coverage Insurance and What Does It Cover?

November 25, 2019

Via: TheStreet

You may have heard the term “full coverage insurance,” but you may not have a full understanding of what it means. This is because the term isn’t an industry standard. It actually refers to a collection of car insurance policies […]


Activity, Insurance

For 2020, Expect Biggest Commercial Insurance Hikes in Years: Willis Towers Watson

November 15, 2019

Via: Insurance Journal

North American commercial insurance buyers will face sizable price increases in 2020, across most lines of insurance, according to insurance broker Willis Towers Watson’s 2020 Insurance Marketplace Realities. While the report finds that capacity is available in all but the […]


Activity, Insurance

NYPD Employees Charged in Car Insurance Scam

November 12, 2019

Via: Insurance Journal

A uniformed New York Police Department officer and five dispatchers are among those charged in a car insurance scam that authorities say compromised the personal information of 60,000 vehicle accident victims and tried to exploit people from low-income neighborhoods, authorities […]


Activity, Insurance

Lloyd’s to Create Single Governing Body, Merging Council and Franchise Board

November 8, 2019

Via: Insurance Journal

Re/insurance market Lloyd’s announced its decision to merge the Council of Lloyd’s and the Franchise Board, effective from June 1, 2020, after receiving widespread support from across the market. The news follows five months of consultation across the Lloyd’s market, […]


Activity, Insurance

Boosting Resilience to U.S. Wildfires Should Be Insurance Industry Priority: I.I.I.

November 6, 2019

Via: Insurance Journal

Nearly a year after the deadliest and costliest wildfire in U.S. history, insurers and the customers they cover are revisiting how to reduce their collective exposure to this risk, according to the Insurance Information Institute (I.I.I.). “While our research has […]


Activity, Corporate Banking, Insurance

Only 2% of the Equifax data breach victims have signed up for free credit monitoring so far

November 1, 2019

Via: Market Watch financial

Months after class-action attorneys and regulators unveiled a $700 million dollar settlement with Equifax for a massive data breach affecting 147 million people, new court papers say approximately 3 million consumers have chosen the deal’s free credit monitoring services. The […]


Activity, Insurance

World Insurance Associates Acquires Maryland’s American Insurance Marketing

September 25, 2019

Via: Insurance Journal

World Insurance Associates LLC (WIA) acquired American Insurance Marketing Corp. (AIMC) of Prince Frederick, Md., on September 1, 2019. Terms of the transaction were not disclosed. Founded in 1976, AIMC provides quality protection for thousands of individuals, families, businesses and […]


Activity, Insurance

The share of Americans with health insurance just dropped for the first time since the Great Recession

September 11, 2019

Via: Market Watch

The share of people with health insurance fell last year for the first time since the Great Recession, according to data released Tuesday by the U.S. Census Bureau. Approximately 27.5 million Americans, or 8.5% of the population, were without health […]


Activity, Insurance

China Regulator Puts Cap on Insurers’ Investments in Shareholders

September 9, 2019

Via: Insurance Journal

China’s banking and insurance regulator put a cap on Monday on how much insurance firms can invest in their shareholders, aiming to curb risks linked to the misuse of financial resources. China is sharpening its scrutiny of insurers’ and small […]