INSURASALES

Deloitte's Arun Leads Global Insurance Technology and Digital Transformation

Arun heads Deloitte's global insurance technology practice, driving digital transformation and IT strategy for Property & Casualty and Life & Annuities insurers. Discover his role in insurance technology innovation and consulting.

Hiscox and Bellwether Introduce AI-Powered Wildfire Risk Model for California Insurance

Hiscox partners with Bellwether to deploy an AI-driven wildfire risk model enhancing risk assessment and pricing in California's property insurance market.

Westfield Sells Banking Unit to Focus on Core P&C Insurance and Specialty Growth

Westfield sells Westfield Bancorp to First Financial Bancorp for $325M, focusing on expanding its core P&C and specialty insurance businesses. Regulatory approval expected by Q4 2025.

Florida Approves Major Policy Transfers from Citizens to Private Insurers

Florida regulators approve Southern Oak and American Integrity to assume over 51,000 policies from Citizens Property Insurance, advancing the state's insurance market depopulation strategy and signaling market stabilization.

Patriot Select Assumes 12,000 Florida Homeowners Policies from Citizens

Patriot Select took over nearly 12,000 Florida homeowners multi-peril insurance policies from Citizens Property Insurance, backed by a strong reinsurance program and additional capital.

Florida 2025 Auto Accident Law Reforms: Comparative Negligence and Statute of Limitations Changes

Explore Florida's 2025 auto accident law reforms including modified comparative negligence and shortened statute of limitations affecting injury claims and insurance practices.

Progressive Tops U.S. Auto Insurance Market in 2024 with 16.4% Share

Progressive Insurance leads U.S. auto insurance market in 2024 with 16.4% share, surpassing State Farm. DPW growth highlights sector competition.

Eastern U.S. Heat Wave Triggers Power Grid Strains and Blackouts

Extreme heat in the eastern U.S. is causing power grid strains and blackouts, with utilities issuing alerts and urging energy conservation during peak demand.

U.S. Insurance Industry Growth Driven by Pricing, Catastrophe Losses, and Tech Innovation in 2025

The U.S. insurance industry is set for robust growth in 2025 fueled by better pricing, catastrophe-driven renewals, and technology investments. Sector outperforms broader markets as companies focus on underwriting, premium hikes, and operational efficiency.

Carbon Underwriting Policies Drive Significant Reduction in Coal Insurance Coverage

Research shows carbon underwriting policies significantly reduce coal mine insurance coverage, impacting production, employment, and mine viability, with European insurers leading reform efforts.