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.

Explore how the U.S. property and casualty insurance industry navigates declining global rates, rising catastrophe losses, and technology adoption, with key growth insights from Palomar Holdings, W.R. Berkley, and Axis Capital.

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

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

Explore the U.S. Excess and Surplus (E&S) insurance market trends featuring modest property rate decreases, variable casualty pricing, and the rising use of AI-driven underwriting technology.

Kin expands digital home insurance into Missouri using advanced data analytics to tackle severe weather risks with precise, fair pricing and streamlined claims.

USAA to pay $5 million to settle Maryland class-action lawsuit alleging unlawful late fees on auto insurance policies. Settlement pending court approval.

A new California ballot initiative proposes requiring insurers to cover fireproofed homes or face penalties, amid ongoing wildfire insurance market challenges and regulatory debates.