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What is clear is that insurers plan to pursue bolder strategies in distribution, product, underwriting, claims, and operations this year.

The ruling comes as another blow to an industry that has endured one of its toughest years ever.

In the last year alone, natural disasters in the U.S. created $22 billion in damages, NOAA reports.

Insurance brokers should understand the new and unique challenges renewable energy businesses are facing during COVID-19.

News from AXA XL, MAPFRE Group, CRC Group and more.

While COVID-related claims were up, non-COVID-related claims fell by as much as 30% for most states compared with 2019.

USI predicts how rates across six sectors will be affected this year amidst firming conditions and market uncertainty.

Some 60% regretted the cost-cutting decision, and more than half plan to restore insurance coverage in the future.