Personal Lines
J.D. Power: Auto Insurance Shopping Reaches All-Time High
The percentage of American households with cars and without auto insurance rose during the first half of 2023, and the share of customers who say they are shopping for auto insurance reached a record ...
Most Consider Insurance Pricing Factors Fair, But Half Struggle to Pay
How insurers price personal auto and homeowners policies is fair, according to most Americans, but nearly half (47 percent) said paying for coverage was a challenge, a newly-released Insurance ...
Hyundai, Kia Urge Judge to Reject Cities TikTok-Inspired Theft Lawsuits
Korean automakers Hyundai Motor and Kia Corp. on Tuesday asked a U.S. judge to reject lawsuits filed by 17 cities for failing to install anti-theft technology in millions of their vehicles. The ...
Climate Change Causing an Insurance Crisis in Louisiana
A little over a year ago, Peter Gardner, a Louisiana developer, completed rehabbing an apartment building with 144 units and got a surprise so ugly it made him decide to move his business out of ...
Hard Market Pressure: Surplus Lines Lifting Heavy Load in Turbulent Times
As the longest hard market in memory refuses to fade, standard property/casualty carriers are not only continuing to raise prices but also reimagining their books by shedding risks they no longer ...
Wait ‘Til 2025: The Hartford Won’t See Auto Profit Next Year
Even after putting through 20 percent rate hikes over the course of this year, The Hartford needs another round of similar magnitude next year, the insurance company's leader said recently. The ...
After Countrywide Pause, InsurTech Hippo Slowly Reemerging Next Week
A profitability problem that would have otherwise taken InsurTech Hippo half a year to correct is on the mend after just 30 days, the chief executive officer said at an investor conference Thursday. ...
Climate Change Means Californians Need Flood Insurance Now
Californians know wildfires and earthquakes; hurricanes, not so much. So, when Tropical Storm Hilary inundated Southern California in normally bone-dry August, it showed just how exposed homeowners ...