News
IRC Finds Personal Auto Insurance Affordability Better Than in the 2000s
According to a new report from the Insurance Research Council, auto insurance is more affordable now than at the start of the 21st century. The IRC, an affiliate of The Institutes, concluded that the ...
Car Insurance Costs Up 42% Since ’22: Biggest ’24 Hikes in Minn., Maryland
New data highlights the increasing cost of car insurance, with rates rising 15 percent last year, according to a recent Insurify report. Average car insurance rates range from $2,300 to $3,000 in the ...
Tiffany Diamonds Worth $770K Recovered 2 Weeks After Suspect Swallowed Them
Detectives have recovered four diamond earrings from a suspected thief two weeks after he gulped the Tiffany & Co. jewelry worth nearly $770,000 during his arrest on the side of a highway in the ...
Risk Digitization Top Tech Priority for U.S. Insurers
Risk digitization was cited as the primary technology priority for revenue growth in a recent study from InsurTech Cytora. Cytora surveyed 200 senior leaders from global insurance firms and found ...
HOA Secures $2.5M ‘Wildfire Resilience Insurance’: WTW
Willis, a WTW business, and The Nature Conservancy (TNC) jointly announced the launch of an insurance policy for a private homeowners association in California—available and affordable because the ...
Getty Museum to Sell $500 Million of Debt for Fire Protection
One of California's most famed art institutions, the Getty, is turning to the bond market for $500 million to help preserve its masterpieces as the state prepares for another fire-prone summer. The ...
Future of Auto Insurance: OEM-Insurer Ties Could Boost Profits, Loyalty
The fragmented auto insurance customer experience is set for disruption, according to a new report by Deloitte. The report, "Reinventing the insurance customer experience for loyalty," highlights how ...
Judge Won’t Force FEMA to Release Funds for Emergency Alert Upgrades
Last month, a federal judge declined to force the Trump administration to immediately reimburse dozens of public broadcasting stations for upgrades to the nation's emergency alert system. The ...