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 ...

California's state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on private insurers to ensure it can continue paying claims from the devastating ...

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.

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, ...

In a report released today, Ryan Krueger from KBW maintained a Buy rating on Reinsurance Group (RGA – Research Report), with a price target of ...

Fairfax Financial Holdings' consolidated undiscounted combined ratio for its property and casualty insurance and reinsurance ...