News
Marina operators are turning to exclusive insurer deals for coverage
3+ hour, 45+ min ago (379+ words) Suntex Marinas has signed an exclusive insurance deal with NFP, an Aon company, covering boat and yacht owners across its US marina network. The company announced the partnership June 16. Under the arrangement, NFP will act as the sole broker for…...
GI Collective launches to push home insurance up the adviser agenda
10+ hour, 49+ min ago (554+ words) Mortgage advisers want to sell more general insurance, but many struggle to fit it into the client conversation. Three major home insurance providers are now teaming up to change that. Paymentshield, LV= General Insurance (LV= GI) for Intermediaries, and Ceta…...
Ontario home insurance premiums climb as sewer backup and wind drive costs
17+ hour, 12+ min ago (529+ words) Ontario homeowners are paying an average of $2, 235 per year for home insurance in 2026, up 6. 2% year-on-year, with sewer backup and wind and hail damage the dominant forces pushing premiums higher, according to Rates. ca's annual Home Insuramap report. The report drew…...
As wildfire and flood losses climb, insurers push to make rebuilds more resilient
1+ day, 7+ hour ago (607+ words) Canada's rising flood and wildfire losses are forcing the insurance industry to confront an uncomfortable question: who carries the cost as coverage in the highest-risk regions grows more expensive, and eventually unaffordable for some? "The underlying risk conditions for some…...
Who stands out in your network? Cast your vote for Canada's Top Insurance Brokers 2026
1+ day, 7+ hour ago (125+ words) Every strong result in insurance starts with a broker who consistently earns client trust and delivers when it matters most. Insurance Business Canada is inviting industry professionals to help identify the standout performers for Top Insurance Brokers 2026. This is your…...
California's insurance crisis draws a major commercial carrier back in
1+ day, 4+ hour ago (487+ words) Zurich US has submitted a commercial property insurance rate filing under California's Sustainable Insurance Strategy. It is one of the first large commercial carriers to join the state's effort to stabilize its insurance market. The strategy was created by California…...
LV= policyholders to move to Allianz Insurance plc in January 2027
1+ day, 5+ hour ago (386+ words) Six years after Allianz completed its "1. 078 billion takeover of LV= General Insurance Group, the legal structure behind the business is finally catching up with the ownership. Liverpool Victoria Insurance Company Limited - the entity that has continued to underwrite LV= policies…...
Only about 4% of US homeowners have flood insurance - despite billions in annual losses
2+ day, 11+ hour ago (778+ words) There's a glaring coverage gap in the United States (US) flood market, with just approximately four percent of US households having flood insurance according to FEMA. What's more, of the estimated " leaving roughly $17. 1 billion in losses absorbed annually by uninsured…...
Home insurance is in structural crisis and APRA numbers tell you exactly how bad it is
2+ day, 5+ hour ago (627+ words) Gross written premium (GWP) for the householders class has grown from $3. 82 billion in the December 2023 quarter to $4. 49 billion in December 2025 -an increase of 17. 4% in two years. Insurers have been raising prices steadily and consistently. By any normal market logic, profitability…...
Jane Kim leads California insurance commissioner race " report
2+ day, 18+ hour ago (391+ words) Attorney and political organizer Jane Kim (pictured, left) has emerged from California's primary election as the frontrunner to become the state's next insurance commissioner, setting up a November runoff against state Sen. Ben Allen (pictured, right) that could reshape regulation…...