In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
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State Farm's request for 22% rate hike raises 'serious questions,' state commissioner saysAfter 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 ...
Essent Group Ltd, the mortgage insurer and reinsurer based in Bermuda, has reported net income of $729.4 million for the 2024 ...
Jason Richards, CEO of P&C Reinsurance for the UK & Ireland at Swiss Re, is calling for a coordinated effort by the government, re/insurers, and ...
DUAL North America, a provider of specialised insurance solutions, has secured $100 million in per-risk capacity for fine art ...
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 ...
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