In comparison, California recently enacted higher auto liability minimums under legislation passed in 2022. New limits include $30,000 for bodily injury or death of one person, $60,000 for all persons …
New bill seeks higher auto insurance limits in DC Read More
Starting in 2026, Safeco will cease underwriting new policies for specialty vehicles, motorcycles, and non-good driver (standard) auto products. At the same time, the company will begin non-renewing policies in …
Safeco to exit specialty insurance lines in California by 2026 Read More
Despite the rapid pace of innovation, CIWA is unwavering in its commitment to high ethical standards
Bridging education, policy, and connection for a resilient insurance market Read More
Here at IBA we want to thank you for your readership throughout the year – one that has been among our most successful to-date, capped, of course, by the incredible …
Happy Holidays from Insurance Business America Read More
AI regulations Regulations are increasingly shaping the use of AI in insurance, particularly to address discrimination risks in underwriting. “At this point, I think it’s clear that regulation is essential …
The role of brokers in an AI-driven insurance landscape Read More
“We’ve had clients with homes valued at $25 million who were paying $50,000 to $60,000 in premiums for years, and now they’re being quoted $800,000 annually,” Massie said. “One client …
Burning cash? Celeb homeowners face wildfire premiums that rival Read More
The TDI allows you to take the test at home with a personal computer, while an off-site Pearson proctor observes you via their webcam and microphone. These exams consist of …
How to become an insurance broker in Texas: top tips for beginners Read More
NORTHBROOK, Ill., Oct. 2, 2024 – The Allstate Corporation (NYSE: ALL) will host a conference call and webcast at 9 a.m. ET on Thursday, Oct. 31, 2024, to discuss third …
Allstate to hold Q3 2024 earnings call Oct. 31 Read More
After nearly a century of helping people overcome catastrophes, we know the aftermath of a storm is an emotional time. We know putting your life back in order is a …
Rebuilding Together: Allstate Brings Hope After Hurricane Milton Read More
NORTHBROOK, Ill., October 17, 2024 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of September of $889 million or $702 million, after-tax, including $630 million, pre-tax, related to Hurricane Helene. Total catastrophe losses for …
Allstate Announces September and third quarter 2024 Catastrophe Losses, Run-off Reserve Review and Third Quarter 2024 Implemented Rates Read More