In recent years, climate change has unveiled unprecedented challenges to industries worldwide, prompting the insurance sector to rethink its strategies to enhance resilience. The growing frequency and intensity of natural disasters have tested the financial fortitude of insurers and reinsurers,
In today's rapidly evolving digital landscape, a significant shift is taking place in how consumers shop for auto insurance, with digital platforms taking precedence. Over the past year, a record high of 57% of customers have sought new coverage through online channels. This trend poses both a
As Florida faces another hurricane season, the challenges in securing homeowners insurance during this period reach a crescendo. The state's insurance market is notorious for its volatility, reflecting the recurring threat of hurricanes and the complexity surrounding policy coverage. With the
In an era of escalating healthcare expenses, many Americans remain unaware of the full spectrum of benefits nestled within their health insurance plans, missing opportunities to enhance both their financial and overall well-being. Beyond the standard coverage of annual checkups and emergency
Trustees managing Irrevocable Life Insurance Trusts (ILITs) hold significant responsibility in maintaining the vitality of life insurance policies to avoid financial pitfalls associated with policy lapses. This responsibility is crucial since life insurance policies are primarily intended to
The Missouri Court of Appeals Eastern District has reexamined a contentious legal dispute involving an auto insurance policy. The central issue in this case was whether Farm Bureau Town and Country Insurance Company of Missouri correctly notified the Scotts of the non-renewal of their policy, which
