Property and casualty insurance

Figures released by the state's insurer of last resort show double digit percentage increases over last fiscal year, and triple digit percentage increases since four years ago.

While one partnership aiming to apply AI to home insurance claims adjustment fell short of creating the capability, factors such as workforce management and the difficulty of making AI adjusters also restrain the possibility.

Nationwide purchases Allstate Stop Loss for $1.25 billion and Munich Re acquires Next Insurance for $2.6 billion, plus more news.

Keynova Group released the Q2 2025 Online Insurance Scorecard evaluating the digital offerings from the top 12 insurance carriers in the U.S.

The technology delivers value through sorting data, prioritizing claims, responding to policyholder lawsuits, and more, according to industry experts.

The cost is down 16.5% from last year, according to The Insurance Information Institute.

The state forecasts eroding coastlines will endanger $18 billion of existing homes and commercial buildings in the coming decades.

After California's own insurer of last resort was held liable for smoke claims, and a probe of State Farm was launched, a new task force is ordered to set standards for smoke damage claims.

Shikha Khetrapal, formerly COO of Vantage Insurance Partners, an insurance industry investor, spoke with Digital Insurance about hurdles that large insurance companies, investors and private equity firms encounter when integrating their acquisitions in the industry.

Investment funds based on parametric insurance have the potential to beat cat bond returns, according to Rhodri Morris, a portfolio manager at Twelve Securis.