The landscape of Non-Life Property Casualty Insurance is undergoing a significant transformation, driven largely by technological advancements. As the global economy expands and digitalization accelerates, the insurance industry is poised to experience unparalleled growth and innovation. This
The global market for Property and Casualty (P&C) insurance is witnessing significant evolution as demand for asset protection and liability mitigation grows among consumers. The industry not only deals with the traditional aspects of insurance but is also adapting to changing economic landscapes,
Proposed Legislation for MCCA Openness In an effort to bring about greater transparency within the Michigan Catastrophic Claims Association (MCCA), State Senators Mary Cavanagh and Rosemary Bayer have recently presented new legislative proposals that aim to hold the MCCA accountable to the public.
Asia's insurance landscape is experiencing a profound transformation in 2023, with economic fluctuations, novel risks, and rapid technological advancements reshaping the industry. This dynamic environment demands that insurers adapt to remain competitive. To navigate these waters successfully,
The property and casualty insurance industry is experiencing a notable surge in home insurance costs, with premiums climbing by approximately 35% in the last two years. Homeowners, especially in states vulnerable to disasters, are feeling the financial pressure as insurance becomes less affordable.
The insurance landscape in California is experiencing significant changes as Farmers Direct Property and Casualty Insurance exits the market, affecting around 100,000 policyholders. This departure hints at the company's redirected strategy, possibly due to the intricate regulatory demands and the
