State Farm reports $1.2 billion pre-tax operating loss in 2016

State Farm reported a pre-tax operating loss of $1.2 billion for 2016 after recording pre-tax profits of $1.9 billion in 2015 and $3.4 billion...

Millennials: Most likely to rent; least likely to have Renters Insurance

AUSTIN, TEXAS — A new survey released May 19 by insuranceQuotes confirms Millennials are most likely to rent homes, but very few are covered...

Trio of big storm systems lead to 42% drop in 1Q net income for...

Three significant storms combined to put a big dent in the first-quarter profit of the nation's property and casualty insurers.

Sept. 4 webinar features renowned E&O expert Andrew Forstenzer

Insurance-Forums.com and nationally renowned E&O Expert Andrew Forstenzer, shown at right, will present a free webinar on Sept. 4 examining common root causes of...

California still dominates in total premiums collected as U.S. sees 8% overall increase

Total U.S. insurance premiums collected increased by 8.0% over the past year to $2.1 trillion, according to the recently released second volume of the...

Massachusetts P&C agency hit with $2 million+ judgment for failing to advise on adequate...

Recent jury verdict stemming from a 2010 fire incident proves a cautionary tale about the necessity of advising clients to secure adequate coverage.

Kevelighan taking reins at I.I.I. Aug. 8 as Dr. Bob Hartwig departs for academia

After many years, a leadership change is upon us at the Insurance Information Institute (I.I.I.), as Dr. Robert Hartwig, an economist and president of...

Recruiting the next generation: New program allows qualified college students to attend InsureTech Connect...

The just-announced ITC 2018 Student Program will provide meaningful exposure for students to learn about the latest trends and opportunities while networking with leading minds in insurance innovation and digital transformation.

Online insurance broker PolicyGenius raises $15M to ‘transform’ direct-to-consumer model

NEW YORK – PolicyGenius announced Jan. 14 that it closed a $15 million Series B funding round led by Revolution Ventures to “further reshape...

Inaugural ‘Insurance Careers Month’ planned for February 2016

DENVER – A collaborative of insurance carriers, trade associations and industry partners have invited the insurance community to join them in supporting the first-ever...