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Category: Insurance


Activity, Insurance

Insurers Remain Cautious About Marijuana Insurance Market

March 14, 2019

Via: Insurance Journal

The marijuana industry is an opportunity for insurers as more states have legalized the drug. But there are still risks in play that could limit wider carrier participation, A.M. Best said in a new report. One of the key barriers […]


Activity, Insurance

Federal Flood Insurance Premiums Could Rise in Flood-Prone Areas Under Trump Plan

March 12, 2019

Via: Insurance Journal

Flood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration intends to roll out in coming weeks to change the way risk is calculated under the National Flood Insurance Program. […]


Activity, Insurance

Commercial Insurance Prices Rose 2% in Q4: Marsh Global Index

February 26, 2019

Via: Insurance Journal

Average commercial insurance prices increased by two percent in the fourth quarter of 2018, the fifth consecutive quarter of average increases. Also, according to broker Marsh’s Global Insurance Market Index, composite pricing in Q4 increased in all global regions, the […]


Activity, Insurance

How Pricing Insurance for Cars of Future Could Bring Insurers, Carmakers Together

February 19, 2019

Via: Insurance Journal

Dan Peate, a venture capitalist and entrepreneur in Southern California, was thinking of buying a Tesla Model X a few years ago—until he called his insurance company and found out how much his premiums would rise. “The quoted me $10,000 […]


Activity, Insurance

State Farm Announces 4.9% Auto Insurance Rate Decrease in Virginia

February 15, 2019

Via: Insurance Journal

State Farm Mutual Automobile Insurance Company will cut its rates in Virginia for the second time in two years. As a result, its overall personal auto rate will drop by 4.9 percent. The total state-wide expected impact for State Farm […]


Activity, Insurance

Insurance Fraud Case in New York May Impact First Party No-Fault Benefits

February 14, 2019

Via: Insurance Journal

A high-profile insurance fraud case on appeal in New York is being closely watched by fraud fighters across the country for the impact the decision will have on no-fault law. The case, Andrew Carothers, M.D., P.C. v. Progressive Insurance Company, […]


Activity, Insurance

Insurance Tries to Keep Up with Sharing Economy

February 4, 2019

Via: Insurance Journal

As more and more consumers click for services and borrow rather than buy, the sharing economy is benefitting. According to Harvard Business Review, the sharing or on-demand economy is attracting more than 22.4 million consumers and $57.6 billion in spending […]


Activity, Insurance

Insurance Linked Securities Market Grows to $93B in 2018: Willis Re

February 1, 2019

Via: Insurance Journal

Growth of the insurance linked securities (ILS) market reached $93 billion in 2018, up from $88 billion during the prior year, according to the new ILS Market Update from Willis Re, the reinsurance division of Willis Towers Watson. In the […]


Activity, Insurance

Insurers with Best Service Win More Business from Independent Agents

January 31, 2019

Via: Insurance Journal

It may be obvious to those in the industry that the more satisfied independent insurance agents are with an insurance carrier, the more business they will conduct with that carrier. But the message may not be getting through to some […]


Activity, Insurance

2019 Cyber Insurance Predictions: Strong Drivers for Growth Ahead

January 15, 2019

Via: Insurance Journal

Cyber insurance is trending upward, the industry is growing, and the technology around it is evolving at a very quick pace. While predictions are always hard to make, here are five trends that are likely to catapult the cyber insurance […]