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The company reported a $342 million loss on an adjusted basis for the period, compared to profit of $730 million a year earlier, it said Wednesday in a statement.
May 4 -
Auto and property rates in the third quarter of 2022 were also influenced by inventory changes, Hurricane Ian, and recession fears.
November 23 -
USAA tops Forrester list with 'moderate' performance on trustworthiness.
November 16 -
The industry is shaping ESG adoption on a world scale and a comprehensive ESG plan should include a focus on data.
November 9
ethOs -
Swiss Re Institute finds growing flood losses, underinsured homeowners.
September 8 -
The country is now considered "very risky" due to mounting flood and fire dangers, as well as risks to people and infrastructure following last year's deadly riots, according to Paul Hanratty, chief executive officer at Sanlam Ltd.
September 8 -
The biggest U.S. life insurer reported earnings results that beat analyst estimates even as the rate environment weighed on investing profitability.
August 4 -
Accenture released its Why AI in Insurance Claims and Underwriting?
August 3 -
Progressive and USAA, during Q2, lost the most consumers to GEICO.
August 1 -
Thousands of people living in high-rise apartments in Britain are set to get better deals on their property insurance.
July 20 -
The Insurance Institute for Business & Home Safety announced standards that can demonstrably lower a home’s risk of wildfire damage.
June 22 -
The Personal Lines Insurance Shopping Report suggests consumers are overcoming fears of surveillance to reduce premiums.
May 24 -
The WTW Insurance Marketplace Realities 2022 Spring Update includes rate predictions and market insights.
April 12 -
In 2020, natural disasters, excluding COVID-19, caused a total of $76 billion in insured losses, as opposed to the $7 billion in man-made insured losses. Companies must prepare to meet the demands of an increased customer base, including facilitating an easy claims process and expanding digital access.
February 1
Capco -
Insurance companies are finally putting a price on the risk of distracted driving, and it’s relatively cheap.
April 24 -
The NAIC's three-year plan to adopt emerging technologies and a newly announced focus on distracted driving are sure to catch carriers' eyes.
April 13
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Less than one-fifth of top life insurance carriers have a policyholder smartphone app, according to Aite Group research, leaving lots of room for improvement in leveraging the channel.
November 15 -
The digital renter's insurance startup says that eliminating the deductible helps it gets closer to its goal of a customer-optimized insurance product.
September 27 -
The Senate health committee will begin bipartisan hearings in early September on stabilizing the Affordable Care Act’s individual insurance market,
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