Property and casualty insurance

There were about 50 funding events in the insurtech sector in November 2025.

Amanda Smith is currently the chief product officer, home for Plymouth Rock Assurance.

For years, academics and brokers have discussed whether cat bonds could do more than just clean up after disasters.

The Office of Insurance Regulation and three advocacy groups paint conflicting pictures of insurance affordability, coverage availability and claims handling.

The Travelers Institute provided insights into the evolution of property insurance and how tech has impacted the industry, in a webinar held Nov. 12, 2025.

Representatives of the insurance industry called the proposal too speculative and prescriptive, while consumer and environmental advocates say it doesn't go far enough.

The insurer's 32-page regulatory filing for the increase, implemented in July, claims a 19 cent loss for every dollar in home insurance premiums collected – based on a catastrophe loss estimate given without further details or documentation.

A rare thing is about to happen in the $55 billion market for catastrophe bonds: a trigger event will wipe out 100% of a bond's principal.

Data and insights from Aon, Verisk and Cotality.

The insured costs of Hurricane Melissa's damages to onshore property in Jamaica now range between $2.2 billion and $4.2 billion, according to data firm Verisk Analytics Inc.

Hurricane Melissa thrashed Cuba, unleashing landslides and flooding in the nation's second-largest city.

The dangerous storm was about 50 miles south-southeast of Negril, Jamaica, at the western tip of the island, the US National Hurricane Center said in an 9 a.m. New York time update.

Smart home technology adoption is especially prevalent among Gen Z and Millennials, according to the 2025 Homeowners Report.

Executives from Markel and CSAA spoke about applying the technology to analyze demand filings and the risks of settling or litigating.

Hampered by a lack of institutional authority, the Illinois Department of Insurance goes to court to compel State Farm to provide property insurance market data. The insurer says it has already given the regulator data to justify its recent rate increase.

AI delivers value by parsing more information from broker submissions and gathering more data points.

Jay Koh, a private equity veteran and former Carlyle Group Inc. executive, says investors should be paying a lot more attention to the new economy forming around extreme weather.

Preliminary insured losses for the first nine months of 2025 already stand at about $105 billion, according to a report Wednesday by Gallagher Re.

Several insurance and wildfire-related bills were signed into law October 10, including authorization for bonds to finance California's insurer of last resort.

Reed Smith insurance plaintiff attorney Hugh Lumpkin points to 90% of Citizens Property Insurance arbitrations denying claims, with insurer funding judges' salaries.