Property and casualty insurance

Digital Insurance contacted insurance professionals to comment on what they see for insurtech in 2025.

Academics with opposing views argued, in a U.S. Senate Budget Committee hearing, whether inflation and litigation, rather than climate change, are causing home insurance non-renewals and rate hikes.

One part of the plan is a voluntary public-private reinsurance mechanism that would pool private risks across the EU to help backstop weather-related losses.

Industry experts agree that the benefits of artificial intelligence are numerous, but stress that proper guidance when using the tech needs to be tantamount.

Insurtechs in climate risk analytics, embedded insurance, cyber risk assessment and more.

American Forestry, a non-profit conservation group, partners with Travelers to promote proactive fire prevention methods for homeowners.

Data from the Environment Agency on Tuesday showed 6.3 million homes and businesses are in danger of damage from overflowing rivers, sea or drains.

Digital Insurance reached out to insurance professionals for comments related to new and emerging insurance risks to watch in 2025.

California adopted a rule that aims to bolster access to home insurance in the state, after several major carriers retreated from the market amid growing risk of wildfires.

The California Department of Insurance and its commissioner hosted a public workshop where consumer advocates and insurers staked their positions on who should pay for the net cost of reinsurance and why.

New York is considering asking property and casualty insurers to cover the claims of insolvent taxi insurer American Transit Insurance Co., according to people familiar with the plans.

Seven out of the 12 biggest home insurers have limited their coverage in California over the past two years; increased fire risk driven by climate change is part of the reason.

Digital Insurance reached out to insurance professionals for comments related to trends in P&C insurance.

These bad actors thought their criminal activities would provide a big pay day – they were wrong.

Arthur J. Gallagher & Co agreed to acquire insurance broker AssuredPartners in a $13.45 billion deal, its largest-ever acquisition.

Progressive launches Accident Response, Crum & Forster introduce new insurance for CISOs and Tokio Marine Group partners with Resilient Cities Network, plus more insurtech news.

California authorities issued their latest moratorium against non-renewal of residential property insurance after wildfires in Ventura County. It's the eighth this year and 34th since 2019. The state's insurance commissioner authored a law while a state senator to make these moratoriums automatic after a state of emergency.

MassMutual's CFO transition and Aflac hires SVP, plus more career moves.

Insurance companies can provide peace of mind and budget relief through innovating on how they partner with their customers to provide services and by leveraging advanced technology solutions.

When communities can't access affordable insurance, it can decrease home values, tank municipal bond ratings, and cripple the tax base — and this will only get worse if left unaddressed.