Learn how retrospectively rated insurance adjusts premiums based on actual losses, the benefits it offers, and how it compares to experience-rated insurance.

An insurance policy is a contract between a policyholder and an insurer that helps the policyholder manage risk and protect against unexpected financial losses. The policyholder may be an individual ...

Permanent life insurance is a type of life insurance policy that provides coverage for the entire lifetime of the insured as long as the premiums are paid. Unlike term life insurance, which offers ...

Learn how a broker of record impacts insurance policies, their roles, and what a broker of record letter entails. Find out about the benefits and process involved.

A veterinary hospital in Hiawatha is suing its insurance company in a dispute over the definition of an ‘animal’ in their ...

Learn about the pros and cons of life insurance riders.

In insurance, a peril has a very particular meaning: a specific cause of damage or injury. Insurance policies exist to cover you against certain perils, such as fire, wind and theft. However, some ...

An HO-3 policy is a form of home insurance that protects against property damage, legal liabilities and other expenses associated with unexpected disasters to the home. Most insurance companies' ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...

A minor scratch in a parking lot can usually be settled with a calm chat. But a real road accident is different. A damaged ...