HCI Group finalizes expanded catastrophe reinsurance program for 2025-2026 treaty year with over $3.5 billion coverage across three towers, supporting Florida and national insurance policies.
The US commercial P&C insurance market faces elevated catastrophe losses in 2025, with wildfire intensity and material costs impacting underwriting, premiums, and availability. Stable capital and competitive renewals present opportunities amid ongoing challenges.
Two former Maryland police officers pleaded guilty to staging auto thefts and submitting falsified police reports in a scheme defrauding insurers of tens of thousands of dollars. Their actions reveal risks in insurance claim verification and fraud detection.
US property insurance market sustains ample capacity and competitive conditions despite record catastrophe losses in Q1 and an expected active hurricane season, according to USI's midyear outlook.
Explore key insights from first-time driver accidents in the U.S., highlighting incident causes, insurance challenges, and risk management implications for the auto insurance industry.
Two Maryland police officers pled guilty to orchestrating an auto insurance fraud scheme involving staged vehicle thefts and falsified police reports, resulting in significant fraudulent insurance payouts. Their sentencing highlights enforcement efforts against insurance fraud in law enforcement.
Explore how strategic pricing, prudent underwriting, and digital innovation are driving growth and profitability in the U.S. insurance industry, with insights on key players and market trends.
Rising homeowners insurance premiums are causing coverage gaps, increasing foreclosures and impacting community stability across the U.S. Market transparency and resilience investment are key to addressing this trend.
Cotality report details over 33 million U.S. homes at risk from hurricane damage with $11.7 trillion potential reconstruction costs, impacting insurance premiums and housing markets nationwide.
Explore how middle-class spending on housing, vehicles, dining, home improvements, and travel impacts wealth building and financial flexibility in the U.S.
