A beacon of impressive growth in the insurance sector, Inszone Insurance Services has recently ascended to the #33 spot on the Insurance Journal’s Top 100 Independent Property/Casualty Agencies list for 2024. This remarkable climb, from their initial entry at #86 in 2021, is a testament to the c
In the second quarter of 2024, the U.S. commercial insurance market witnessed a marked deceleration in premium increases, representing a major shift in market dynamics largely propelled by the Council of Insurance Agents & Brokers' (CIAB) Commercial Property/Casualty Market Index for
Ryan Specialty, an international specialty insurance firm, has recently made a strategic acquisition by obtaining certain assets from Greenhill Underwriting Insurance Services. This acquisition marks an important step in Ryan Specialty’s effort to expand its capabilities and offerings in the niche s
The disclosure that General Motors (GM) has been collecting and selling driver data to insurance companies has sparked significant concern over consumer privacy. From 2015 onwards, GM's practice of data sharing without explicit customer consent has led to a lawsuit by Texas Attorney General
In a rapidly evolving cyber landscape, businesses are shifting their approach from relying on insurance payouts to handling ransomware attacks internally. This change has led to a notable decrease in cyber insurance claims, even as more companies invest in such policies. The trend highlights an
The persistent increase in property and casualty insurance premiums in California has become a pressing concern, with the state witnessing a $3.2 billion rise in 2023 compared to the previous year. This unsettling trend can be attributed to the escalating frequency and severity of natural
The commercial insurance market has been a topic of significant scrutiny recently, given its fundamental impact on businesses of all sizes. With continuous fluctuations in premium rates, stakeholders are eager to understand whether these costs are stabilizing or still on the rise. The second
In an era where California homeowners are facing unprecedented challenges in securing reliable and affordable insurance, a new partnership between Phyn, a cutting-edge water technology company, and Bamboo, a savvy property and casualty insurance provider, is making waves. This strategic alliance
The auto insurance industry is undergoing a profound transformation, driven by the integration of advanced data analytics and data scoring technologies. This shift is allowing insurers to offer more personalized, fair, and competitive insurance packages. It reflects a broader change in how auto
In a significant development affecting over 70,000 residents, the Green Mountain Care Board (GMCB) has approved substantial health insurance rate increases for Vermont in 2025. This move, while aiming to stabilize the financial health of the state's insurance providers, Blue Cross Blue Shield
