News
Labor Market Study: 14% of Carriers Plan to Reduce Headcount
Fourteen percent of insurance companies plan to reduce employee headcount in the next year, according to numbers from Aon and The Jacobson Group's latest insurance labor market study. Jeff Rieder, ...
Highly Active Atlantic Hurricane Season Still Expected
Federal forecasters are still predicting a highly active Atlantic hurricane season thanks to near-record sea surface temperatures and the possibility of La Nina, officials said Thursday. The National ...
Hurricane Season Highlights Decline of 3-Tab Asphalt Shingles Impacting Repair, Replacement
Despite millions of U.S. households with 3-tab asphalt roof shingles, fewer manufacturers are producing them, a potential dilemma amid hurricane season. The study conducted by itel of its own ...
Anti-Theft Software Slows Thefts of Hyundai, Kia Vehicles
A software upgrade offered to Hyundai and Kia owners who were sold vehicles without electronic immobilizers cut theft rates by more than half, new research from the Highway Loss Data Institute shows. ...
California Commissioner Orders Insurance Cancellation Moratorium for 185K Residents
California Insurance Commissioner Ricardo Lara issued a one-year moratorium on insurance companies to preserve residential insurance coverage for more than 185,000 policyholders affected by the Park, ...
More People Moving In Than Out of Counties With High Catastrophe Risk
Despite the dangers and expense associated with living in high-risk areas, large numbers of people are still moving to parts of America most impacted by wildfires, flooding and extreme heat. ...
QBE More Than Doubles First-Half Profit, but Misses Estimates
Australia's QBE Insurance Group on Friday reported a more than twofold jump in its first-half profit, boosted by higher income from premiums, but missed analysts' view, sending its shares to over a ...
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 ...