The insurance industry is built on the notion that risk can be distributed across a client base and that only some of those insured will need help at any given time. For property insurers, this ...

Spinnaker Insurance had the second-worst complaint index for home insurance, at 4.45 and 115 complaints. Neither Assurant nor Spinnaker are among the 25 largest home insurance companies in the U.S.

The UK government has revealed plans to introduce a new framework for captive insurance companies, following its consultation in November 2024. In a speech, the country's chancellor Rachel Reeves ...

When insurance companies collect premiums, that money is invested, basically in a private hedge fund. When a claim is filed, money is pulled out in case they have to pay.

An I-Team analysis of Illinois Department of Insurance data found that overall, non-standard auto insurers have the highest complaint ratios when compared to standard auto insurers.

The World’s Best Insurance Companies 2024, subdivided into three lists—homeowners, auto, and life—will be unveiled on June 11. As with all Forbes lists, companies pay no fee to participate.