The Ethiopian insurance industry is witnessing an extraordinary wave of expansion, with a remarkable 50% surge in premium income over the past financial year, reflecting a market brimming with potential and poised for significant transformation. This growth is propelled by robust economic activity,
In a legal showdown that has sent ripples through the insurance sector, GEICO Group insurers are embroiled in a federal lawsuit brought by the Municipal Association of South Carolina, with claims of unpaid municipal business license taxes and penalties amounting to a staggering $69.7 million. This
Imagine reaching retirement after decades of hard work, only to face the gnawing uncertainty of whether your savings will last as long as you do, a fear that haunts countless retirees who depend solely on volatile market investments where a sudden downturn can wipe out years of planning in mere
In the ever-evolving landscape of the insurance industry, where digital platforms and centralized operations often dominate headlines, a quieter but equally significant story unfolds in rural communities across the country. These areas, frequently overlooked by large national chains and tech-driven
Setting the Stage for a Data-Driven Insurance Era In an industry tasked with safeguarding millions of unique properties across the United States, property insurance faces a staggering challenge: accurately assessing risk for roughly 85 million single-family homes, each with distinct features and
In the high-stakes world of excess insurance, constructing a coverage tower to protect against catastrophic losses has become a daunting challenge, as brokers often find themselves piecing together a $50 million shield for high-risk clients. Instead of relying on a few solid carriers, it now takes
