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Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.
Homeowners' insurance generated $1.3 billion of underwriting income for the insurer in 2024 and covered $3.7 billion in losses.
Consumer Watchdog says the insurer wants to protect its Wall Street credit rating.
Already in 2025, there have been 2,128 incidents of wildfire around the U.S. with 64,038 total acres burned.
Top insurers suffered a higher rate of breaches than all of the S&P 500 (21%) companies combined.
Dog insurance costs pet owners in the U.S. more than cat coverage.
The Golden State's largest insurance carrier already received 8,700 related claims and paid out more than $1 billion.
The global insurtech sector could reach $239.2 billion by 2033. Who's protecting all that tech?
Sixty-five percent of all bullying targets lose their jobs.
Travelers are heavily reliant on travel insurance to make delays less expensive and more comfortable.
New insurance rates will take effect on Feb. 24, 2025.