Progressive Insurance's disciplined underwriting and tech innovations underpin sustained profitability and investor returns in the competitive U.S. auto insurance market.

INSHUR appoints Guy Farley to UK Board of Advisors to drive AI and autonomous vehicle insurance development, signaling a strategic shift in mobility insurance innovation.

AM Best reports ongoing underwriting losses in U.S. commercial auto insurance for 14 years, driven by rising loss severity and claims costs despite operational efficiencies and rate increases.

Raymond James upgrades Mercury General price target to $100, highlighting strong performance in California auto and homeowners insurance markets with solid combined ratios and growth prospects through 2026.

Bamboo Insurance extends its property-casualty homeowners insurance to Texas, focusing on underserved markets with personalized and accessible coverage solutions backed by White Mountains Investment.

Praxis Reciprocal Exchange secures regulatory approval to operate as a reciprocal property insurer in Florida, prioritizing policyholder interests and market stability.

California's new legislative program offers grants to homeowners for wildfire damage prevention measures, drawing on models from Alabama and Louisiana's wind-resistant roof initiatives. The bill awaits gubernatorial approval and funding details.

Rising auto insurance rates in the U.S. are prompting dealerships and manufacturers to adopt embedded insurance and digital platforms, streamlining insurance purchases and managing repair costs with OEM parts.

Mortgage rates in the U.S. drop following the Federal Reserve's interest rate cut, leading to increased refinancing demand and potential modest home sales growth. Insights on market trends.

Explore the impact and regulatory context of homeowners insurance cancellations, including lender requirements, force-placed insurance implications, and steps for securing replacement coverage in compliance with state rules.