According to the modelling, the marginal excess burden (MEB)—a measure of economic harm per dollar of tax raised—is significantly higher for insurance duties than for broad-based taxes such as GST or ...

Liberty Mutual, which owns Safeco, plans to wind down certain renters, condo, and auto policies in California. The company ...

The January wildfires caused an estimated $53 billion in total damage, $40 billion of which were insured losses, and ...

Pennsylvania is moving to make workers’ comp insurers pay for medical marijuana, a shift that could change how claims are ...

Cyber insurers are seeing a rapid shift in both the demand for coverage and the expectations around what that coverage should ...

The U.S. insurance landscape is undergoing a significant transformation, with a notable shift from the admitted market to the ...

The list of exposures continues to grow – biometric data, cybercrime, AI-powered attacks. Even the traditionally rigid war ...

Back in 2007, 84 Lumber and Home Construction Services (HCS) signed a deal for HCS to handle framing and door installation on ...

The scale and intensity of the fires have had transboundary effects. Smoke from the blazes has drifted across the border into ...

“Our property rates skyrocketed, tripled, quadrupled in some cases,” said Zachary Fanberg (pictured), managing director at ...

A year after a record-breaking hailstorm swept through Calgary, insurers are calling for urgent government intervention to ...

The consolidated non‑GAAP combined ratio improved 9.5 percentage points from the second quarter of 2024. The Specialty P&C ...