Slow repair cycle times, widespread premium increases and the volume of catastrophic events all contribute to dissatisfaction, according to the U.S. Property Claims Satisfaction Study from J.D. Power.
The top five insurance companies have an average homeowners market share of 9.15% as of December 31, 2024.
California’s insurer of last resort is careening toward another hot and dry summer with its coffers already strained. That’s raising the prospect that state residents will need to pick up the bill for more funds.
Insurtech is allowing carriers and companies to promote safe driving practices and save time and money.
HSB, a part of Munich Re, partners with Flume; Kin expands into California, plus more insurtech news.
Patra provides services for property and casualty, employee benefits and commercial insurance.
Artur Wisniewski, the new COO of Allianz Trade, talks about how the trade credit arm of the insurer, which covers corporate business transactions, developed a new platform to improve claims and premium collection.
