In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...

After State Farm filed a request for a 22% rate hike for homeowner policies, Insurance Commissioner Ricardo Lara requested a meeting with the company so they can explain their need for such an ...

Convex Group Ltd, the Bermudian-headquartered international specialty insurer and reinsurer, has received in-principle ...

Countries around the world have experienced an uptick in natural disasters and home insurance costs, but each country has ...

Q4 2024 Management View Fairfax Financial reported $3.9 billion in net earnings for 2024, with record underwriting income of $1.8 billion and interest/dividend income of $2.5 billion. Operating income ...

Over the course of 2024 there were a number of recoveries made under catastrophe bonds, however these were primarily driven ...

After a challenging period for mergers and acquisitions (M&A) in the global re/insurance sector, industry analysts have ...

Artemis has learned that Security First Insurance Company, a specialist Florida domestic homeowners insurer, has now raised its target for named storm ...

Baron Funds, an investment management company, released its “Baron Asset Fund” fourth quarter 2024 investor letter. A copy of the letter can be downloaded here.

PwC also found that insurance and reinsurance executives were more confident in their companies’ revenue growth over the next ...

Topsail Re has announced the appointment of Chris Bilski (pictured) as senior vice president of underwriting. In his new role ...

We came across a bullish thesis on Fidelis Insurance Holdings Limited (FIHL) on Substack by Kairos research. In this article, ...