Property and casualty insurance

The state's regulator said the insurer must show it will cover more homeowners, and be more transparent. Consumer advocates want more concessions, saying the insurance crisis can't be solved on the backs of homeowners.

Misunderstandings over flood insurance coverage can be costly for homeowners when damage occurs.

Insurance companies should be transparent about AI models and their data processing, industry advisors said.

Owen Williams, associate product manager, focuses on how IoT technology is shaping risk management practices.

Consumer Watchdog says increase was not justified, while insurance commissioner points to concessions gained from the insurer.

Congress and Trump Administration calls for elimination of Federal Insurance Office and FEMA, if successful, would ripple through insurance and banking industries, say climate financial risk policy experts and officials.

An in-depth look at how risk managers are using technology to assist in managing property, auto and other types of risks in their portfolios.

Half of U.S. states allow the method of marketing to cyber security policyholders and clients, which has potential to reduce the impact of cyber incidents, according to research by The Institute for Security and Technology (IST).

The aging global population will shift the insurance industry by 2050, according to a new report from The Capgemini Research Institute.

Clearwater Analytics acquires Beacon; Earnix buys Gen AI provider, plus more insurtech news.

Berkshire's Vice Chair of Insurance Operations Ajit Jain said Geico reduced the insurer's headcount from approximately 50,000 to roughly 20,000, though he didn't specify the time period for the reductions.

Representative of the state's insurance industry tells regulator that insurers have to pass on the cost to stay solvent. Comments on the proposal are open through May 5.

Nick Gerhart, executive VP at the insurer specializing in funeral and end-of-life coverage, spoke about its technology advances, and the role of insurtech on a broader scale in the industry.

Insured losses from natural catastrophes could soar to $145 billion this year as population growth, urban sprawl and climate change combine to supercharge risks, according to a report by Swiss Re Institute.

Homeowners class action plaintiffs will depend on finding evidence of conspiracy in discovery process, a legal expert said, but the large scope and cost of discovery, as well as difficulty getting a summary judgment, are likely to lead defendant companies to settle.

Chubb CEO Evan Greenberg called for a "coherence of policy" to dispel confusion around President Donald Trump's approach to trade.

Nationwide names P&C Business Performance lead; The Hanover's first COO, plus more career moves.

The top five insurance companies have an average commercial auto market share of 6.4% as of December 31, 2024.

Consumer Watchdog argues that California's insurance commissioner cannot allow the FAIR Plan homeowners insurance of last resort to pass on half a $1 billion assessment to consumers.

AB 226, a borrowing mechanism bill passed by the state assembly, allows bond issues supporting the homeowners insurer of last resort – but doesn't specify traditional financing or catastrophe bonds. Cat bonds would not have to be paid back. Also, a climate finance policy advisor said, the bill doesn't account for future disaster risks.