Property and casualty class action activity has continued at a fast clip so far this year. More of the same claims – total loss, tag, tax and title, labor depreciation, diminished value, and medical ...

Total life insurance new annualized premium grew 20% in 2021, representing the highest annual growth since 1983, according to a report by LIMRA, the insurance research group. For the year, policy ...

The insurance industry has performed well this year after a disappointing 2020. The industry has rallied 14% year to date, after declining 5.6% last year. Better pricing, prudent underwriting, ...

Life insurance new annualized premiums soared 20% in 2021 Liz Festa is a long-time reporter covering the U.S. insurance market and its regulation and its impact on consumers, business and the economy.

The average per-employee cost of employer-sponsored health insurance jumped 6.3% in 2021 as employees and their families resumed care after avoiding it in 2020 due to the pandemic. The finding was ...

WINDSOR, Conn., Aug. 9, 2022 — Total new premium for individual life combination products increased 22% to $4.3 billion, compared with prior year results, and down slightly from the $4.8 billion in ...

Ransomware was the word of the year in 2021 for the cyber insurance industry as attacks continued to grow in scale and complexity, and experts say this cyber threat landscape will likely continue in ...

In 2021, enrollment in employment-based group coverage declined while enrollment in individual-market (non-group) coverage and Medicaid increased. Those coverage gains were primarily driven by ...

Insurance Journal's exclusive Top 100 Property/Casualty Agencies report also features the nation's Top Agency Partnerships. This list includes agency groups such as aggregators, clusters and franchise ...

With insured losses from natural disasters hitting $42bn in the first six months of 2021 – a daunting 10-year high – the global insurance industry must be wondering what waits in store for the next ...

Michigan's attempts to lower its famously high insurance rates seem to be working: Every driver in the state will be refunded $400 for each vehicle they own, Michigan Gov. Gretchen Whitmer says. The ...