Insurers and policyholders could be on the hook for $1 billion to cover claims from the Southern California wildfires.

Insurance companies are financial intermediaries that play a pivotal role in a country’s economic progress. Over time, this sector has undergone significant transformations in its business model in ...

Sustainability in commercial real estate, once a nice-to-have feature, is now a critical factor in profitability.

Nicolas Burnet will become Group Deputy Chief Financial Officer (CFO) at Sompo Holdings, and CFO for Sompo P&C. He will help oversee the global investment strategy for Sompo in addition to capital ...

California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...

EDMONTON, Alberta, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Together, the Alberta Motor Association Insurance Company and EcoClaim are leading a new chapter in Alberta's insurance sector, one that ...

Aon’s analysis suggested that the insurance market is moving away from broad cyclical shifts, instead becoming more segmented ...

The Legislature is considering bills to address systemic vulnerabilities and protect our environment and communities.

Sustainability exerts a strong influence on the property sector in 2025 as climate policies tighten ... Buildings that achieve recognized green standards may enjoy favorable insurance rates or ...

The proposal would invest $4 billion in K-12 and higher education, provide $2 billion in tax relief and increase taxes for ...