A reciprocal insurance exchange empowers policyholders to take charge of their coverage. Much like mutual insurance companies, reciprocals are owned by the people they protect — the policyholders. But ...

The Canadian Association of Insurance Reciprocals has recently formed to serve as the collective voice of insurance reciprocals across Canada.The not-for-profit association’s mandate includes raising ...

There are many reasons to belong to a country club and none of them are inexpensive. Having fun at private club comes with a price tag. Depending where you belong, the fun can be costly. But there is ...

OLDWICK, N.J.--(BUSINESS WIRE)--In the November issue, Best’s Review examines the recent proliferation of reciprocal insurance exchanges. At least 21 reciprocals launched between 2017 and 2024; nearly ...

Since the mid-’80s, reciprocal insurance exchanges have provided public sector and professional groups with some protection from the vagaries of the general insurance market cycle. With a proven track ...

Policyholder-owned insurance exchanges are filling voids left by traditional insurers. But some are low on cash to pay excessive claims. Homeowners in the South are increasingly buying property ...

Michael Bromberg is a finance editor with a decade of experience. He is an expert at elucidating complex financial topics in clear, concise language. Michael received a Bachelor of Arts in literature ...