Explore how artificial intelligence is transforming insurance risk profiles and prompting the development of specialized AI insurance policies. Understand silent AI coverage, industry parallels to cyber insurance, and key risk management strategies for insurers and businesses.
With gold and precious metal prices surging, many homeowners may face insurance coverage gaps for jewelry. Explore options like riders and scheduled personal property to secure adequate protection.
Fitch Ratings projects a stable combined ratio and robust underwriting profits for US property/casualty insurers in 2026 despite market challenges, emphasizing steady statutory performance, capital strength, and potential growth in M&A activity.
A new Milliman report challenges claims that Michigan's 2019 auto no-fault law lowered insurance rates and reduced uninsured drivers, showing increased premiums and coverage gaps.
Branch Insurance teams with ClaimTouch Analytics to enhance personal property claims management with AI-driven analytics and automation, improving claims accuracy and customer experience.
Progressive Corporation announced its annual dividend of $13.50 per share and a quarterly dividend of $0.10 per share payable in January 2026. The declaration reflects the company’s capital position and strategic outlook for 2026.
Berkshire Hathaway appoints Nancy L. Pierce as GEICO CEO as part of broader executive transitions including CFO changes and new general counsel role, highlighting succession planning within its insurance operations.
White Mountains completes $1.75 billion sale of controlling interest in Bamboo insurance platform to CVC Capital Partners, retaining a 15% stake. Bamboo expands in U.S. homeowners insurance market.
New York expands senior property tax exemption to 65%, aiming to ease rising housing and insurance costs for seniors on fixed incomes. Local governments can now increase relief under new legislation.
Florida's 2022-2023 insurance reforms have significantly stabilized its P&C market by reducing litigation abuse and attracting reinsurers, according to Insurance Commissioner Mike Yaworsky. The reforms curb assignment-of-benefit abuses and reduce claims litigation, leading to improved market stability and expanded consumer coverage options.
