American Specialty says the program is available in most states and can be accessed through American Specialty by independent agents and brokers, offering a streamlined submission process and quick quote turnaround.
The market for such coverage could reach $10 billion in premiums in 2026, analysts led by Charles-Marie Delpuech and Patricia Kwan said in a note published Monday.
Some regulators from smaller states have relatively higher levels of resources by a budget to premiums metric.
Why technology alone doesn't drive transformation
Seemingly autonomous cars may have a human assistant providing remote support. The extent of this support remains unknown, despite a U.S. senator's inquiries, and this creates uncertainty for insurers.
"Wildfire risk is not just an occasional catastrophe, but a recurring cost embedded in the state's economy," said the report issued this week by the California Earthquake Authority.
The Insurance Information Institute and Fenix24 released Cybersecurity for Insurers: Squaring Safety with Service.
