Property and casualty insurance

Even before January's fires in Los Angeles, change-of-address data shows residential moves based on fire risks and insurance availability.

The top ten insurtech deals in the property and casualty market brought in roughly $800 million in funding for the first three months of 2025.

In an interview following remarks at Insurtech Insights, Sarah Jacobs, a product executive at Nationwide, said lowering costs is the first step to transform insurance's value proposition.

In an interview following remarks at Insurtech Insights, Lucy Pilko, CEO of AXA XL Americas, elaborated on what the insurance industry needs to benefit from AI in its operations.

The insurance industry can embrace sustainability as a path to meaningful growth, ethical leadership and long-term success.

Highlights from speakers and sessions at the Insurtech Insights conference and surrounding events in New York from June 3-5.

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.