Chubb Names Kim Hare Head of North America Property Claims
Chubb appoints Kim Hare as senior VP of North America property claims to enhance claims strategy and digital experience amid evolving market demands.
U.S. Captive Reinsurance Growth Advances Amid Market Rate Hikes
The U.S. captive reinsurance sector continues steady growth with rising profitability and expanded market penetration, driven by rate increases and regulatory updates.
CCC and Elitek Advance AI Automation in Collision Repair and Insurance Tech
CCC Intelligent Solutions and Elitek enhance collision repair automation with AI-driven workflows, boosting efficiency in the P&C insurance claims process.
Wall Street Issues Bearish Price Targets on Select Insurance and Tech Stocks
Wall Street sets cautious price targets on Kratos, Trimble, and Selective Insurance Group amid market volatility and tariff impacts. Analyze valuation ratios and market recovery trends relevant to insurance professionals.
Chubb Limited Announces Key Leadership Changes in Surety Business
Chubb Limited promotes Steve Haney to President and CUO of Global Surety and Teresa Black to Division President of North America Surety, signaling strategic leadership in underwriting and profit management within its Surety business segment.
Growth of Foreign Reinsurance in U.S. Life Insurance Market: ALIRT Update
ALIRT Research reports on the rapid growth of foreign reinsurance in the U.S. life insurance and annuity sectors, exploring regulatory implications and industry impact.
Florida Homeowners Insurance Rates Largely Rise Despite Market Reforms and New Entrants
Majority of Florida homeowners continue to face rising insurance premiums despite recent legal reforms and new market insurers. Data from state regulators shows ongoing rate pressures amid inflation and market restructuring.
Florida Homeowners Face Continuing Insurance Premium Increases Despite Market Reforms
Despite recent legal reforms and new insurers entering the market, most Florida homeowners continue to experience rising home insurance premiums. Data shows varied insurer performance with Citizens Property Insurance reducing premiums but shrinking in policy count. Market competition grows in South Florida, yet overall costs trend upward due to inflation and underwriting dynamics.
Teen Drivers Trigger Significant Auto Insurance Premium Increases with State Variations
Analysis reveals teen drivers cause average auto insurance premium increases of 157.9%, with state-by-state variations and gender pricing gaps. Strategies can reduce costs by up to 40%.
Shory and Wio Bank Launch Embedded Car Insurance with Installment Payments
Shory partners with Wio Bank to offer embedded car insurance in the Wio Personal app, enabling monthly installment payments and enhancing insurance accessibility in the UAE market.