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Strange but true: Wacky things and trivia nuggets from the world of insurance

No doubt insurance is a serious business. But that doesn’t mean a lot of silly or curious things related to insurance won’t pop up in the news from time to time.

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Recent Auto Insurance News

Lemonade takes stand on gun control; won’t pay more than $2,500 for firearms damage...

Renters and homeowners insurance startup says it respects gun ownership, but isn’t into gun worship as it unveils limits on firearms coverage in the wake of the Las Vegas mass shooting.

Nearly half of business owners have been victims of a cyberattack – but didn’t...

Highlighting the need of small businesses to obtain cyber insurance coverage (3 in 4 have none), a newly released Nationwide survey finds 1 in 3 victimized small businesses spent at least $50,000 to recover, yet rebuilding reputation and customer trust can take more than a year.

Top 6 strategies for brokers engaging with clients on Cyber Insurance/Risk

As cyber insurance becomes more mainstream to reflect the growing reliance on technology and the convergence of digital risk with other commercial risks, brokers who want to stay on top of the game must be able to overcome the challenges that face this industry.

Total insurance premiums collected in U.S. rise 4%, new NAIC report finds

The National Association of Insurance Commissioners (NAIC) has released the second volume of the 30th edition of the Insurance Department Resources Report (IDRR), which also ranks states by most premium collected.

Top-performing insurers for 2017 revealed in Ward’s 50 List

After analyzing nearly 3,000 property & casualty insurers and more than 700 life & health insurers, The Ward Group this week unveiled its 2017 list of the Ward's 50 list of top-performing companies.

Wearables and telematics on verge of huge impact in P&C markets

As fitness monitors and other telematic devices grow in consumer use and acceptance, they are bringing with them major changes in the ways P&C insurance is bought and sold.

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.

Leigh Ann Pusey stepping down as AIA’s President and CEO

The American Insurance Association (AIA) announced that President and CEO Leigh Ann Pusey will be stepping down on June 9, 2017 after successfully leading the organization since 2009.

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...

Allianz stakes claim as title sponsor for up-and-coming Drone Racing League

Some believe drone racing is the next big thing in sports – or at least in racing competitions. Count Allianz among them, as one of...

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