INSURASALES
Missouri Couple Faces Arson Charges in Insurance-Related House Fire

Missouri Couple Faces Arson Charges in Insurance-Related House Fire

Michael and Brittany Moore charged with second-degree arson after setting their home on fire in Missouri amid an insurance claim dispute. Investigation ongoing.

Iowa Man Faces Felony Insurance Fraud Charge Over Post-Accident Coverage

Iowa Man Faces Felony Insurance Fraud Charge Over Post-Accident Coverage

A Sibley, Iowa man was charged with felony insurance fraud for adding vehicles to his insurance policy after a July 2024 accident and filing a claim. This case highlights regulatory enforcement and compliance issues in automobile insurance claims.

Commercial Auto Insurance Posts $4.9B Loss in 2024 Amid Rising Claim Severity

Commercial Auto Insurance Posts $4.9B Loss in 2024 Amid Rising Claim Severity

In 2024, commercial auto insurers faced a $4.9 billion underwriting loss driven by an 8% annual increase in claim severity, highlighting persistent challenges from social inflation and risk management in the U.S. market.

Fed Rate Cut Lowers Mortgage Costs, Spurs Homebuyer and Refinance Activity

Federal Reserve rate cut lowers 30-year mortgage rates to 6.13%, boosting homebuyer activity and refinancing demand, resulting in significant monthly payment and long-term interest savings.

New Group Captive Insurance Program Targets Restaurants and Bars in U.S.

CIC Services and Ragnar Group launch a group captive insurance program tailored for U.S. restaurants and bars to improve risk classification and optimize premiums.

Litigation Trends Drive Economic Impact on U.S. Property Casualty Insurance

Dr. Robert P. Hartwig discusses how litigation trends and frivolous lawsuits impact U.S. property casualty insurance costs and economic factors, per APCIA analysis.

Rising U.S. Home Insurance Premiums Challenge Affordability and Market Dynamics

U.S. homeowners face rising insurance premiums driven by extreme weather and market shifts, affecting affordability and real estate transactions. Learn key trends and insurance strategies.

Guidewire Software Shows Strong Growth and Operational Efficiency in Insurance Tech

Guidewire Software delivers strong financial results with 26% stock gain and efficient customer acquisition, boosting its position in insurance technology.

Zurich Insurance Launches Digital Policy Cards and Travel Alerts in Asia-Pacific

Zurich Insurance rolls out digital policy cards and travel alerts in Singapore, Malaysia, and Australia via Zurich Edge platform, enhancing real-time access and travel safety for insured customers.

HWP Insurance Promotes Jack Cauley to VP of Commercial Sales

HWP Insurance appoints Jack Cauley as Vice President and Director of Commercial Sales to drive growth and innovative risk financing solutions.