Americans pay anywhere from 2% to 18.4% of their take-home income for mandatory home and auto insurance, depending solely on where they live, according to a comprehensive new analysis by MoneyGeek covering all 50 states and Washington, D.C.
PnC Newsletter
Insurance company executives consider severe convective storms to be the No. 1 peril by impact to their organizations’ balance sheets, a recent survey found.
The coming year may pose challenges to insurers that are outside their control, such as economic uncertainty and weather catastrophes.
P/C market destabilizing in the wake of billion-dollar disasters, says panel
The U.S. property/casualty insurance market is destabilizing as the annual cost of weather events in the country now totals $200 billion.
Insurers must navigate legal challenges when doing business across state lines
While one state’s laws may apply to the interpretation of the insurance policy, another state’s laws could apply to the underlying claims against the insured.
Property/casualty sector to see strong premium growth continue
The property/casualty insurance sector will see strong premium growth continuing in 2025, according to Conning.
Trends show a new world of insurance litigation
Coverage litigation trends in U.S. federal courts since 2022 reflect a markedly different landscape from both the early COVID-19 years and the decade preceding them.
Environmental insurance: Protecting businesses from hidden risks
Environmental insurance is a fundamental part of risk management.
Will your insurance still fit your small business in 2026?
A smarter way to think about insurance is to treat it like a midyear tax checkup or equipment inspection.
Getting insurance-to-value right in 2025
When it comes to commercial real estate, nothing has been constant or predictable since the pandemic.
Tariffs drive contents claims higher for property/casualty insurers
Higher costs for consumer goods are impacting the cost of property/casualty insurers paying claims for contents of homes that are damaged or destroyed.
Drone photos could put homeowners’ coverage at risk
By leaning on drone photos, insurers can act quickly while sidestepping the burden of a full inspection,
A new study has revealed that the youngest and oldest drivers on American roads are most likely to be distracted when involved in fatal crashes.
As global inflation persists, households are being stretched to their financial limits, leading many to make difficult choices about what to keep and what to cut.
A new survey from ZestyAI finds that the insurance industry is falling behind in preparing for climate-driven risks, even as natural disasters grow more frequent, severe and costly.
Parametric wildfire insurance could revolutionize disaster recovery
The parametric model disrupts the traditional insurance system in a variety of ways.
Tech innovation is changing the shape of the insurance industry
Change in the insurance business is moving ahead faster than ever.
Mark Suhr of Seward, Neb., was sworn in as President of the National Association of Professional Insurance Agents during the organization’s recent board of directors meeting.
How insurers should adjust to FEMA cuts
FEMA might need to brace for an uncertain future, leaving homeowners and insurers alike with questions of what the next post-disaster scenario might look like.
