News
Survey: Real Estate Investors Concerned With Rising Insurance Premiums
A major concern for real estate investors remains rising insurance costs, according to the Spring 2024 Investor Sentiment Survey from RCN Capital, conducted by market intelligence firm CJ Patrick ...
Latest Hacker Claim Involving UnitedHealth’s Stolen Data Questioned
A freshly formed hacking gang claims to have won access to a massive stash of data stolen from UnitedHealth Group, the largest U.S. health insurer, but with little evidence to go on it is not clear ...
After several years in which much of P&C was focused on restoring rate adequacy and profitability, the market is finally...
Bigger, More Complex Wildfires Prompt Changes in Firefighting Workforce
It's shaping up to be a long wildfire season, with Texas already seeing its largest blaze in recorded history and firefighters becoming overwhelmed with recent blazes in Virginia. Just in the first ...
EMC’s Updated Brand Centers on ‘Keeping Insurance Human’
EMC Insurance on Tuesday launched its updated brand with the tagline "Keeping insurance human." The launch includes a new logo and visual identity, as well as a refreshed website and social media ...
Verisk Launches Next Generation Catastrophe Models
Verisk, the Jersey City, N.J.-based data analytics and technology provider, has launched a suite of next generation catastrophe models. Verisk's suite of 100+ Next Generation Models (NGM) is designed ...
Inflation Contributes to Rising Loss Costs for U.S. Commercial P/C Insurers: Fitch
Inflation is bringing rising loss costs for U.S. commercial property/casualty insurers, according to Fitch Ratings, which reviewed reports from three U.S. insurers — Cincinnati Financial Corp., HCC ...
Brazen $30M Los Angeles Cash Heist Explained
A brazen Los Angeles cash heist on Easter weekend in which thieves cracked a safe and got away with as much as $30 million is believed to be one of the largest such heists in U.S. history. The heist ...
NICB: 2023 Was Another Record-Breaking Year for Vehicle Thefts
Vehicle thefts continue to surge nationwide, according to a new report released by the National Insurance Crime Bureau (NICB). More than one million vehicles were reported stolen, and overall vehicle ...