INSURASALES

Connecticut Homeowners Face Rising Insurance Non-Renewals Amid Cost Pressures

Connecticut homeowners saw a 45% rise in insurance policy non-renewals in 2023 amid rising repair costs and tariff-related inflation, reflecting national insurance market challenges.

Accelerant Expands Specialty Insurance Platform with Major Re/Insurer Integration

Atlanta-based insurtech Accelerant broadens its specialty insurance risk exchange by adding leading reinsurance and insurance firms to its data-driven platform, signaling increased tech integration in the sector.

MSI Launches CGL Insurance Targeted at Habitational Property Owners

MSI introduces a tailored commercial general liability insurance product for habitational property owners addressing rising risks and capacity challenges in the U.S. market.

Universal Property Denies Liability in South Carolina Lawyer's Criminal Case

Universal Property denies liability for alleged criminal acts by South Carolina lawyer, citing policy exclusions related to property coverage and business activity use.

LABI Advances Strategic Insurance, Infrastructure, and Workforce Initiatives in Louisiana

LABI leads 2024 Louisiana legislative session pushing insurance reform, carbon capture support, early education funding and infrastructure overhaul to boost state's economy.

2025 Hurricane Season Forecast Sparks Focus on Insurance Preparedness

Colorado State University predicts an active 2025 hurricane season, prompting calls for thorough homeowners insurance reviews and documentation to streamline claims and enhance disaster resilience.

Georgia Enacts Litigation Reform Laws Aimed at Reducing Insurance Costs

Georgia Governor Brian Kemp signs new litigation reform laws to limit lawsuits, aiming to reduce insurance costs and improve business conditions statewide.

MSI Launches Specialized Habitational CGL Insurance Amid Market Challenges

MSI introduces a new commercial general liability insurance product tailored for habitational property owners, addressing rising claims costs and limited market capacity. Supported by an A.M. Best A+ insurer, this solution enhances protection for apartments, condos, and townhomes.

BHSI Names Jeff Murdock as Head of U.S. Property Claims

BHSI appoints Jeff Murdock as new Head of U.S. Property Claims, ensuring continued excellence in claims management for commercial property insurance.

Capgemini Forecasts Major 2050 Transformation in P&C Insurance from Aging and Climate Risks

Capgemini's 2025 report projects a major transformation in property and casualty insurance by 2050 driven by aging populations, evolving consumer habits, and climate risks. Explore strategic insights for insurers on AI underwriting, risk management, and market growth opportunities.