Property and casualty insurance

Wildfire presents a significant challenge to California's property insurance market, and the impact is becoming more frequent and costly over time. Recently, we examined the current state of the California (CA) homeowners insurance market by exploring key components of the ecosystem, including the role of regulators, the CA FAIR Plan, and the involvement of the surplus lines markets, as well as current developments and potential implications of the fires in Los Angeles.

Prudential's Bob Bastian looks back on the company's 150-year history and focuses on the opportunities ahead for the insurance industry.

Improvements to workflows and operations boost customer service and help tailor products, making coverage more attractive.

Between the estimated damages in Los Angeles and rising home insurance prices, policyholders are left wondering how the market will fare in 2025.

Insurers are seeing improvements in workflows, authentication and adjudication.

Increasing weather-related risks and costs combined with companies pulling out of some states, is affecting the remaining carriers and state insurers.

Farmers Insurance names head of agency owner operations; Prudential Financial appoints chief people officer, plus more career moves.

Vertafore report finds that 69% of independent agents said digital personal lines rating and submission is a must-have.

NEXT will use ZestyAI's property and wildfire models in its risk assessment processes.

Microsoft's CEO suggests that artificial intelligence agents could disrupt traditional SaaS models.