INSURASALES

Rising Auto Insurance Costs Drive Coverage Cuts and Higher Uninsured Rates

LendingTree survey reveals rising auto insurance costs are causing increased uninsured rates and coverage reductions, with drivers cutting expenses to afford policies.

Specialty Insurers Boost Leadership to Drive Growth and Operations

Specialty insurance firms H.W. Kaufman Group, CRC Group, and AM Specialty Insurance announce key leadership changes to enhance underwriting expertise, operations, and strategic growth in the U.S. and global markets.

Sapiens Launches Version 13 of CoreSuite P&C with AI-Driven Underwriting Enhancements

Sapiens releases Version 13.0 of CoreSuite for Property & Casualty, enhancing AI-driven underwriting, claims, and billing capabilities to optimize insurer operations in North America.

2025 Property Catastrophe Reinsurance Prices Set to Soften with Stable Terms

Property catastrophe reinsurance prices expected to soften in late 2025 with stable terms and retentions. Aggregate coverage offerings remain limited amid disciplined reinsurer market strategies.

7th Circuit Reverses Class Action Status in Progressive ACV Undervaluation Case

The 7th Circuit reverses class action status in a lawsuit against Progressive over disputed methods in actual cash value calculations for total loss vehicles, highlighting judicial nuances in insurer obligations and class certification standards.

Wisconsin Floods Reveal Homeowners and Renters Insurance Coverage Gaps

Recent flooding in Wisconsin highlights homeowners and renters insurance typically excludes flood damage. Separate flood insurance is crucial for protection.

Mercury Insurance Emphasizes Fall Home Maintenance to Reduce Claims

Mercury Insurance highlights simple fall home maintenance steps to reduce weather damage claims and protect homeowners this autumn.

Triple-I Study Reveals $42.8B Excess Motor Vehicle Tort Litigation Impact on Auto Insurance

Triple-I analysis finds $42.8 billion in excess motor vehicle tort litigation value from 2014-2023, highlighting impacts on U.S. auto insurance costs and the need for improved civil court data transparency.

North Carolina Flood Risk Updates Highlight Insurance Market Challenges

North Carolina's updated flood risk data and evolving storm patterns present challenges and opportunities for flood insurance markets and risk management strategies.

Mission City Considers Property Tax Increase Amid 2026 Budget Deficit

The city of Mission, Kansas, proposes a property tax increase to address a near $50,000 budget deficit for 2026, balancing resident service funding with fiscal responsibility.