Fire insurance is a type of property insurance that covers damage and losses caused by fire. It is designed to help homeowners, renters, and business owners recover financially after a fire incident. Here’s a comprehensive guide to understanding fire insurance: 1. What Does Fire Insurance Cover? Fire insurance typically covers: Damage to the Property: Repairs or … Read more
Tariffs imposed on Canada, Mexico, and China could indeed create pressure on U.S. insurers, particularly in the property and casualty (P&C) and reinsurance sectors. Here’s how: 1. Increased Costs for Insurers Higher Material Costs: Tariffs on goods imported from these countries, such as steel, aluminum, and electronics, can increase the cost of raw materials used … Read more
InsureTech Connect (ITC) is one of the largest insurtech conferences, bringing together innovators, investors, and industry leaders to discuss the future of insurance technology. While I cannot predict the exact themes of ITC 2025, I can extrapolate based on current trends and emerging technologies. Here are five potential themes that might dominate InsureTech Connect 2025: … Read more