Author: Admin

Workers’ compensation rates in Arizona are set to go down 6.7% next year. The Arizona Department of Insurance and Financial Institutions reviewed the annual National Council on Compensation Insurance rate filing for a 6.7% reduction in workers’ comp rates, which …

Central Park’s iconic horse-drawn carriages will trot on, for now. A proposal to ban the popular tourist attractions that have been fixtures in Central Park for more than 150 years failed to clear a key New York City Council committee …

After years of rate inflation in nearly all lines of property and casualty insurance, 2026 offers some reprieve for insurance buyers. Agents and brokers can no longer rely on agency growth through rate increases and exposure changes. “We’ve been in …

Insurtech Lemonade reported a third-quarter 2025 net loss of about $37.5 million compared with a loss of $67.7 million a year ago during the same time. Revenue and gross profit increased 42% and 113%, respectively, versus Q3 2024. However, operating …

In January 2023, my monthly column was titled “Insurance Coverage and Television.” I’ve written and spoken extensively about how the property and casualty insurance industry spends billions of dollars on advertising and the vast majority of it is price focused. …

The company behind a trucking navigation app has launched its own insurance agency. In October, Trucker Path announced the launch of its in-house, digitally enabled retail agency focused exclusively on trucking insurance. Trucker Path Insurance (TPI) debuted with a $7 …

Insurtech Hippo posted third-quarter 2025 net income of $98 million, compared with a net loss of $9 million a year ago during the same period. San Jose, California-based Hippo’s Q3 combined ratio improved to 100–a 28-point improvement from Q3 2024. …

Citizens Property Insurance Corp., the state-created insurer of last resort, is no longer the largest carrier in Florida. The ranking is seen as a significant milestone in the push for a more stable, market-based insurance system in the state. Citizens’ …

Can Patrick Mahomes, the star Kansas City Chiefs quarterback and State Farm spokesman, sell insurance in the land where former New England Patriots quarterback Tom Brady is considered the greatest of all time? The nation’s largest auto and home insurer, …