• Advertising costs are climbing faster than premium growth at some major auto insurers, pressuring expense ratios and underwriting margins. • Progressive’s ad spend soared above $1.3 billion per ...
Homeowners could see insurance premiums jump another 16% over the next two years due to an uptick in natural disasters and rebuilding costs. The average homeowner insurance premium is expected to rise ...
But casualty lines present challenges as insurers and clients grapple with AI’s expected impact on coverage. After years of high property-and-casualty insurance premiums globally, the rate reductions ...
Each time one of Tamara Modig’s children needs a telehealth appointment, she boots up a fragile 13-year-old laptop and prays it’ll hold a charge. Then Modig is forced to fret with another concern: the ...