Canal Insurance Appoints Paul Stachura as VP and Chief Claims Officer

Canal Insurance Company names Paul Stachura as VP and Chief Claims Officer, enhancing its claims leadership with expertise in commercial auto and litigation management.

U.S. Vehicle Theft Hits 40-Year Low Despite Local Spike Concerns

Vehicle theft in the U.S. has reached a 40-year low with a 17% drop from 2023 to 2024, driven by law enforcement and industry collaborations. However, vehicle security at apartment complexes and insurance coverage remain critical for owners amid ongoing localized theft incidents.

GoAuto Insurance Expands Direct Auto Insurance Services to Georgia State Market

GoAuto Insurance launches direct low-cost auto insurance in Georgia, marking its fifth state expansion. The move underscores the growth of digital-first underwriting and policy issuance in competitive markets.

Tax Provisions in New U.S. Bill Offer Potential Savings for Homeowners

New U.S. tax legislation increases SALT deductions and reinstates mortgage insurance deductions, offering potential savings for homeowners, especially in high-tax states.

NJ Insurance Claims Guidance for Flood Damage After July 2024 Storms

New Jersey's Department of Banking and Insurance offers detailed guidance on filing flood and storm damage insurance claims following the July 2024 severe weather, highlighting coverage nuances and claims procedures.

U.S. Insurance Stocks: Evaluating Risks in Lincoln National, Lemonade, and AXIS Capital

Explore insights on three U.S. insurance stocks—Lincoln National, Lemonade, and AXIS Capital—highlighting valuation concerns and sector risks affecting market performance and investment decisions.

Texas Floods Cause Widespread Property Damage, Raising Insurance and Market Challenges

Severe July flash floods in Texas Hill Country have caused extensive property damage and triggered insurance affordability and housing market challenges, spotlighting risk management and regulatory responses.

Hawaiʻi Enacts Act 296 to Stabilize Property Insurance Market

Hawaiʻi's Act 296 expands hurricane relief coverage and addresses rising property insurance premiums amid recent environmental disasters, stabilizing the state’s insurance market.

Alaska Enacts SB 133 to Expedite and Enhance Health Insurance Prior Authorizations

Alaska's SB 133 mandates 72-hour decision deadlines for health insurance authorizations, increases transparency, and protects patients with chronic conditions, effective 2027.

Q1 Earnings Show Mixed Results for Leading U.S. Reinsurers Amid Market Cyclicality

Q1 earnings season reveals mixed financial performance among major U.S. reinsurance companies, highlighting industry cyclicality, catastrophe risk exposure, and market dynamics affecting underwriting margins and stock valuations.