Property and casualty insurance

Homeowners who invest in wildfire mitigation measures get no guarantee of breaking even in the form of premium discounts, an insurance attorney points out.

Recent wildfire updates include the Federal Housing Authority's waiving of quality-control reviews and the upheaval of the state's commercial real estate space.

The McCarran-Ferguson Act was enacted in 1945 and regulates insurance at the state level to create a competitive market.

Jonathan Todd, partner at Benesch Law and Phil Nester, senior managing associate at Benesch Law shared responses on how current and proposed tariffs could impact the insurance industry.

The need for more granular forecasts is becoming more pressing as climate change increases the odds of extreme weather.

Carriers can reduce their development risks but should be patient and set expectations with partners, executives say.

Effective claims automation requires a cultural shift that prioritizes people, processes and strategic alignment.

An administrative law judge began hearings on an interim emergency homeowners insurance rate increase by State Farm General, the insurer's California unit. Attorneys for State Farm say the company's finances require the increase, to keep insurance available in the state. Opponents say only risk is a valid reason, not protecting the insurer's finances.

Keynova Group shared its Q1 2025 edition of the Mobile Insurance Scorecard. Progressive and Geico tied for first overall in mobile user experience.

The National Oceanic and Atmospheric Agency is poised to eliminate most websites tied to its research division under plans for the cancellation of a cloud web services contract.

Several factors are contributing to rising insurance premiums for homeowners.

To use more outside affiliates to acquire customers, insurers draw on funds allocated for claims payments, according to a report by an independent analyst firm.

The insurer plans to hire over 2,000 new employees in Tampa, Florida and in North Texas.

Slow repair cycle times, widespread premium increases and the volume of catastrophic events all contribute to dissatisfaction, according to the U.S. Property Claims Satisfaction Study from J.D. Power.

Economic conditions, hiring and the quality of startup insurtechs may also affect M&A activity in the insurance industry, according to a partner at Clyde & Co., a law firm that reports on insurance industry growth.

Oklahoma's insurance commissioner Glen Mulready complemented insurers for quick action that he personally witnessed on the scene of March 14 wildfires

The insurer's AI Working Group set policy for ethical and responsible use of AI, including data handling and managing risk.

With the uncertain status of the federal disaster response agency and NOAA climate and weather forecasting and research, NAIC hears about how disaster relief could depend on volunteer organizations, and difficulty getting storm and climate predictions.

Insurers are betting on a suite of new AI-driven techniques to better predict surging losses from climate-driven weather catastrophes.

CoreLogic rebrands as Cotality; Plymouth Rock collaborates with NWN, plus more insurtech news