INSURASALES

New Jersey Suit Tests Insurance Coverage for Product Liability Class Actions

Hair Zone's federal lawsuit against Hartford and Travelers challenges insurer obligations to cover defense costs for class actions alleging product-related harm, spotlighting issues in commercial insurance and coverage disputes.

Moody's Survey Signals Rate Reductions and Rising Demand in 2026 U.S. Property Reinsurance

Moody's 2025 survey reveals expected declines in U.S. property reinsurance rates for 2026 amid rising demand and stable attachment points, offering key insights for insurers and reinsurers.

Pivix and Everspan Unveil New E&S Casualty Insurance Program

Pivix Specialty Insurance Services and Everspan Group launch a new primary general liability E&S casualty program targeting contractors, real estate, hospitality, and manufacturing sectors, enhancing MGA offerings through wholesale brokers.

Arkansas Jury Rules for Plaintiffs in Auto Insurance Underpayment Class Action

An Arkansas jury has sided with plaintiffs in a class action against a car insurer accused of underpaying claims, highlighting regulatory and compliance issues in the auto insurance sector.

Key Leadership Changes Signal Innovation in U.S. Insurance Sector

Explore recent senior leadership appointments at Moody's, RT Specialty, LexisNexis, and InsurePay highlighting innovation and strategic growth in U.S. insurance analytics, underwriting, and technology.

Florida Fines Property Insurers $2M+ for Claims Handling Violations

Florida insurance regulators fined eight property insurers over $2 million in 2025 for claims-handling violations including delayed payments and unlicensed adjusters amid ongoing hurricane season.

Global Reinsurance Capacity Hits $720B in 2025 Amid Strategic Market Shifts

Global reinsurance capacity reaches $720 billion in 2025 with record catastrophe bond issuance. Aon highlights strategic imperatives for insurers to sustain growth amid market pressures.

NICB Reports Surge in Synthetic Identity Fraud Impacting U.S. Insurance Crime

NICB reports a 49% rise in synthetic identity insurance fraud by 2025, piloting machine-learning tools to detect complex fraudulent claims across multiple insurance sectors.

Florida Fines Eight Insurers $2M for Delayed Hurricane Claim Processing

Florida fines eight home insurers $2 million for delays and unresponsiveness in handling Hurricane Ian and Idalia claims, highlighting regulatory enforcement during hurricane season.

Deer Park Fire Department's New Ladder Truck May Lower Local Homeowners Insurance Costs

Deer Park Fire Department's new Ladder 41 truck improves fire response and could reduce local homeowners insurance premiums by enhancing firefighting capabilities and WSRB ratings.