Property and casualty insurance

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

Though microinsurance coverage increased in the last three years, there is an 88% protection gap, according to Microinsurance Network report.

California's insurer of last resort is careening toward another hot and dry summer with its coffers already strained. That's raising the prospect that state residents will need to pick up the bill for more funds.

Carriers and brokers setting AI policies for their operations are addressing bias, managing data and maintaining customers' trust.

Digital Insurance spoke with Jonathan Collura, president and CEO of Specialty Risk RE, about how reinsurers could stabilize the home insurance market in areas affected by natural disasters.

Ergo, the primary insurance business of Munich Re has announced the acquisition of Next Insurance for $2.6 billion.

Markel Insurance names CEO; New CEO of Manulife Asia, plus more career moves.

Increases in car prices in response to U.S. tariffs on foreign goods, potentially ranging from $3,000 to $12,000, has auto insurers ready to act. If premiums double, the increase in drivers going without insurance would force those with insurance to increase liability coverage.

Home safety and insurance interests call for cooperation with government authorities and homeowners to mitigate risks of flood damage.

The top five insurance companies had an average property-and-causalty market share of 6.61% as of December 31, 2024.

After some significant tort reform gains were made in 2023 and 2024, abolishing PIP may no longer be a pipe dream.