Insurance

Spain’s antitrust watchdog said on Tuesday it had opened an investigation into Italian insurer Generali and local health insurance provider Sanitas over potential anti-competitive practices. The CNMC watchdog said the probe focused on an agreement signed in October 2022 under …

The Florida Office of Insurance Regulation provides a rate comparison tool on its website for homeowners’ and auto insurance, allowing consumers to view estimated premiums for limited types of properties and policyholders. Under a bill approved by the Florida Senate …

New bursts of yellow dot the hills of Mendocino County. Smears of burnt orange now span the aqueduct near Bakersfield. A fresh splash of crimson juts east of Chico like a fresh wound. With the release of its fourth and …

New analysis by Johns Hopkins researchers finds some bridges are likely to sustain catastrophic hits within the next few decades Ships are highly likely to collide with major bridges across the United States, with potentially catastrophic collisions happening every few …

The Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while maintaining underwriting discipline. Lloyd’s saw a continuation of positive returns with profit before tax of £9.6 billion during 2024, down …

QBE North America Introduces Media Liability Endorsement QBE North America announced a new media liability endorsement for media organizations facing legal actions brought under consumer protection laws. This endorsement provides affirmative coverage should these laws be leveraged to challenge the …

Policy discussions on the use of artificial intelligence in insurance are “unfounded” and “detrimental to policyholders,” according to a analysis from the National Association of Mutual Insurance Companies. The use of AI in insurance underwriting and rate making has led …

The Oklahoma Insurance Department (OID) has expanded their initial pilot launch of OKReady, the Strengthen Oklahoma Homes (SOH) program. The application process opened earlier this month, and the first testing period has been successful, OID said. Two new zip codes …

The Missouri Department of Commerce and Insurance (DCI) said that consumer specialists will participate in a Multi-Agency Resource Center (MARC) to answer insurance questions and help those impacted by the severe storms in Phelps County. An EF-2 tornado struck Phelps …

AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings to “a-” (Excellent) from “a” (Excellent) of Cities and Villages Mutual Insurance Company (Cities and Villages) based in Wauwatosa, Wisconsin …