INSURASALES

Global Natural Catastrophe Insured Losses Hit $80B in Early 2025

Natural catastrophe insured losses hit $80 billion in H1 2025, driven by record wildfires and severe storms. Swiss Re highlights wildfire risks, urbanization, and calls for improved mitigation strategies.

Honeycomb Insurance Doubles 2024 Sales with Trisura Partnership Enhancing Admitted Footprint

Honeycomb Insurance expands its admitted footprint and doubles sales in 2024 through a partnership with Trisura, leveraging AI-driven underwriting for competitive property and casualty coverage across 18 U.S. states.

Homeowners Insurance Premiums Rise 10% Amid Increased Replacement and Weather Risks

Homeowners insurance premiums in the U.S. have increased by 10% due to rising replacement costs and more frequent extreme weather events. Explore strategies to mitigate rate hikes including bundling, weatherproofing, and deductible adjustments.

Tracing New York City's Automotive Industry Legacy and Urban Evolution

Explore the historical roots and transformation of New York City's automotive industry from early manufacturing to present-day redevelopment. Understand market impacts and insurance implications.

Bankrate Study Details $3,400 Annual Cost for Subprime Borrowers in U.S.

Bankrate analysis shows Americans with subprime credit scores pay $3,400 more annually for loans and insurance, with mortgage interest as the largest cost driver. Understanding the subprime tax impact and market trends.

Minnesota Homeowners Face Sharp Insurance Rate Increases by 2025

Minnesota is projected to see the fifth-highest increase in homeowners insurance rates by 2025 due to frequent extreme weather and rising building material costs. Independent agents advise on coverage options and market risks.

PICC Property & Casualty Co Sets EGM for Strategic Equipment Procurement

PICC Property & Casualty Co schedules an extraordinary meeting to approve key equipment procurement, impacting its operational strategy and market positioning in China's insurance industry.

Global Horse Insurance Market to Reach $1.73B by 2035, Driven by Emerging Markets

The global horse insurance market is projected to grow to $1.73 billion by 2035, driven by rising veterinary costs and emerging markets like China and India. Mortality insurance remains the largest segment.

VYRD Enhances Florida Homeowners Insurance with ZestyAI's AI-Powered Risk Analytics

VYRD partners with ZestyAI to integrate AI-powered risk analytics, improving underwriting and portfolio management for Florida homeowners insurance in hurricane-prone areas.

Homeowners Insurance Premiums Up 10% Amid Rising Risks and Inflation

Homeowners insurance premiums have increased 10% due to rising natural disaster risks and inflation-driven replacement costs. Learn key strategies to mitigate rate hikes, including home upgrades and policy adjustments.