The escalating costs of homeowners insurance have become a pressing concern, intertwined with an intricate web of environmental, economic, and industry trends. A crucial factor contributing to these rising costs is the insurance industry's ongoing investment in and underwriting of fossil fuel
The housing insurance landscape in the UK is undergoing a steep transformation, with average premiums witnessing a significant surge recently. According to Go.Compare's Home Insurance Price Index, there has been a sharp 25% rise in building insurance costs from the first quarter of 2024 to the
In a significant move set to redefine the property insurance landscape, Nearmap, a leading property intelligence firm, has acquired itel, an independent entity celebrated for its property claims solutions. This strategic merger melds two established names in the insurance sector, aiming to merge
How can brokers ensure responsible AI usage in insurance operations? This question resonates throughout the insurance industry as artificial intelligence rapidly evolves, offering transformative opportunities alongside complex challenges. Statista reports reveal AI usage in global insurance surged
Northeast Calgary's ongoing insurance crisis is a significant concern, provoked by frequent, severe hailstorms that have left homeowners in a precarious situation. The issue of inaccessible and unaffordable home insurance coverage is on the rise, causing growing unease among residents. Insurers'
In the rapidly evolving landscape of the insurance industry, Goosehead Insurance, Inc. (NASDAGSHD) stands at the intersection of traditional business models and transformative economic forces. As a leading player in the property and casualty (P&C) insurance brokerage domain, Goosehead's journey