While the farm and ranch insurance space faces different risks than other property lines, many challenges of insuring those risks are often the same. Namely, extreme weather and natural catastrophes, which have tightened conditions in farm and ranch in some …
Self-driving vehicle companies from Tesla Inc. to General Motors Co.’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for robot-driven vehicles. Cruise said that SoftBank Group …
The two possessions that most concern insurers — homes and motor vehicles — happen to be the largest contributors to the historic 7.5% inflation rate. Perhaps that should be no surprise. “It’s the things that we all spend the most …
Worried about what could be next for your agency? It has been a chaotic couple of years — and many forward-thinking businesses are focused on improving revenue, expanding their client base and future-proofing their strategies. It’s important because right now, …
A corroded pipeline that ruptured and spilled 350,000 gallons (1.6 million liters) of diesel fuel into a New Orleans-area wetland did not have a fully functioning leak detection system at the time, according to federal records, which also show the …
The man who served as the director of insurance for the Consumer Federation of America for nearly three decades is retiring. The official statement from the CFA describes J. Robert “Bob” Hunter as the “father of insurance consumer advocacy” in …
The Florida property insurance market is showing more signs of trouble, with one of the state’s largest carriers deciding to stop writing new homeowner business in the state — while also asking for a rate increase on some policies. United …
Many in the insurance industry may think of the Federal Home Loan Bank as an agency that facilitates affordable mortgages for homes. The system, founded in the waning days of the Herbert Hoover administration to support community investment, is that. …
Assemblyman Marc Levine, D-Marin County, introduced legislation to require mandatory issuance of homeowners’ insurance and establish a grant program to harden residential properties in areas prone to wildfires. Assembly Bill 1755 would require an insurance provider licensed in the state …
A new auto insurer is turning the tables on car manufacturers that offer insurance with their roadside and emergency services by including these accident services with its auto insurance policy. Austin, Texas-based Sensa is calling itself the “first proactive insurance …
