INSURASALES

Vermont Registers 16 New Captive Insurance Companies in Q1 2025

Vermont sees registration of sixteen new captive insurance companies in Q1 2025, raising total licensed captives to 1,378. Key management firms involved in this expansion.

The Hartford Q1 2025 Earnings Reflect Catastrophe Loss Impact Amid Premium Growth

The Hartford's Q1 2025 earnings show a 16% decline in net income due to catastrophe losses, with a 9% growth in property and casualty premiums and stable underwriting performance.

Georgia Tort Reform Expected to Lower Insurance Premiums by 3-5%

Georgia's new tort reform laws SB68 and SB69 are anticipated to reduce insurance premiums by 3-5%, with the insurance commissioner promising strict oversight on rate filings and insurer practices.

Mercury Insurance Highlights Safe Driving's Impact on Auto Insurance Savings

Mercury Insurance links safe driving behaviors to potential auto insurance savings, emphasizing risk mitigation and regulatory considerations in underwriting.

MSI Launches CGL Insurance for Habitational Property Owners in the U.S.

MSI introduces a commercial general liability insurance product for U.S. habitational property owners, providing up to $2 million aggregate coverage to address growing claims costs and litigation risks in the sector.

Louisiana Dept. of Insurance Earns NAIC Accreditation, Gains Leadership Roles

Louisiana Department of Insurance achieves NAIC accreditation for financial solvency regulation and secures multiple NAIC leadership appointments for 2025, enhancing its role in national insurance oversight.

Digital Transformation in Commercial Auto Underwriting Accelerates Efficiency and Compliance

Explore how digital underwriting platforms are transforming commercial auto insurance with faster quotes, improved accuracy, and compliance. STAR Mutual RRG leads with proprietary technology empowering agents nationwide.

Lawsuits Allege Insurer Collusion Restricts Wildfire Coverage in California

Lawsuits in California allege home insurers restricted wildfire coverage, pushing homeowners to costly FAIR Plan policies amid rising wildfire losses and insurer exits. Experts urge risk mitigation over litigation.

Summer Risks: Understanding Homeowners Insurance Coverage for Pools, Social Hosts, and Fireworks

Explore how homeowners insurance addresses liability and property damage related to pool use, social host liability, and fireworks risk during summer. Understand coverage limits and exclusions.

Everest and Willis Appoint U.S. Wholesale Insurance Leaders

Everest and Willis name new leaders in excess casualty, construction, energy, and alternative asset insurance segments, strengthening U.S. wholesale insurance capabilities.