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The UK government is set to introduce regulatory reforms aimed at establishing a promising new insurance market valued at billions of pounds, as part of its efforts to enhance national competitiveness.
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Two additional property insurers have entered the Florida market this summer, raising the total number of new carriers joining the state since 2023 to 14
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Erie Insurance has restored customer access to online accounts, including billing services, as it continues to recover from its recent network outage.
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Insurers in the marine, aviation, cyber, and terrorism sectors are facing mounting underwriting pressures and potential accumulation losses amid escalating hostilities between Iran and Israel, according to Morningstar DBRS.
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As we arrive at the halfway mark of 2025, it's an ideal moment to review the major trends that have shaped the year's first half and to anticipate what lies ahead in the coming months.
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Erie Insurance says it has made meaningful progress in restoring several business systems and applications, as it continues recovering from a network outage now in its 17th day.