Commercial Lines
For Small Commercial Businesses, Insurance Satisfaction Is a Matter of Trust
Trust impacts customer satisfaction, loyalty and brand advocacy more than other factors when small businesses choose a commercial insurance provider. J.D. Power's 2024 U.S. Small Commercial Insurance ...
Main Street America Insurance Exits Personal Lines
Main Street America Insurance said Thursday it will stop offering personal lines insurance in favor of a commercial lines strategy. The Jacksonville, Fla.-based insurer founded about 100 years ago in ...
Fewer High Tide Days Predicted Through April 2025
After record-breaking coastal flooding, NOAA scientists predict La Nina could slightly reduce the number of flood days across the U.S. NOAA's 2024-25 Annual High Tide Flooding Outlook documents ...
U.S. Manufacturers Face Soaring Property Insurance Costs
James Kirsh expects the cost of the property and casualty insurance for his family-owned foundry in Wisconsin that makes cast iron parts for tractors and other equipment to at least double when it's ...
European Insurers Enjoy Big Profits After Premium Hikes
Several European insurers recorded bumper first-half profits on Thursday, as customers burnt by a pandemic, war and a pick-up in natural catastrophes in recent years continue to face higher premiums ...
Where Commercial Lines Renewal Rate Changes Landed: July Index
Year over year, commercial auto, business owners, general liability, commercial property and umbrella experienced increasing average premium renewal rates, according to the latest monthly Ivans Index ...
First-Half Global Insured Nat Cat Losses Top 10-Year Average
Global insured losses from natural catastrophes totaled $60 billion during the first half of 2024, or 62 percent above the 10-year average, according to preliminary estimates from Swiss Re. Severe ...
Guy Carpenter: ‘Kitty Cat’ CrowdStrike Outage to Cause $300M-$1B in Insured Losses
Due to the limited amount of impacted companies with insurance and the deployment of a quick fix to mitigate losses, Guy Carpenter said the insured losses from the CrowdStrike outage is likely ...