INSURASALES

SEC Cybersecurity Enforcement Spurs New Insurance Solutions in 2024

Amid increased SEC enforcement of cybersecurity disclosures, QBE introduces enhanced cyber insurance coverages addressing regulatory gaps for public companies in 2024.

Oklahoma Governor Vetoes Bipartisan Bill Extending Eviction Timelines

Oklahoma Governor vetoed Senate Bill 128, which would have extended eviction timelines to aid tenants. The veto raises debates on balancing landlord interests and tenant protections amid rising eviction rates.

Allstate Sees $594M April Catastrophe Losses, Homeowners Policy Growth

Allstate reported $594 million in catastrophe losses for April 2024 amid shifts in its insurance portfolio, with homeowners policies rising 2.5% and commercial lines declining sharply. First-quarter net income was impacted by wildfire-related claims and elevated catastrophe costs.

Coterie Insurance Relocates HQ to Appleton, WI to Leverage Workforce and Digital Strategy

Coterie Insurance moves its headquarters to Appleton, Wisconsin, emphasizing workforce access and digital strategy to support growth in small business property and casualty insurance.

Sapiens 2025 Client Conference Highlights Insurtech Innovation and Growth Strategies

Sapiens International's 2025 International Client Conference in Vienna showcased AI-driven SaaS platforms and cloud solutions shaping operational efficiency and growth in Property & Casualty, Reinsurance, and Life Insurance markets.

Direct Auto Insurance: Non-Standard Coverage with Mixed Reviews and Competitive Rates

Direct Auto Insurance, a subsidiary of Allstate, offers non-standard auto coverage with competitive rates for high-risk drivers. Explore discounts, customer service ratings, and how it compares to competitors like Geico and Progressive.

Hanover Insurance Reports on Annual Meeting and Positive Analyst Outlook

The Hanover Insurance Group held its annual shareholder meeting on May 13, 2025, approving key governance measures and receiving positive analyst ratings amidst strong financial results in the property and casualty insurance sector.

US Surplus Lines Market Sees Strong Premium Growth in 2024 Amid P&C Challenges

AM Best reports robust 12.1% premium growth in US surplus lines market during 2024, driven by homeowners and general liability lines amid property and casualty sector pressures.

Louisiana Bill Seeks to Limit Auto Injury Claims by Undocumented Immigrants

Louisiana legislature advances bill to restrict auto accident injury claims payouts to undocumented immigrants, influencing insurance claims and regulatory compliance.

California FAIR Plan Faces Legal Challenges Over Wildfire Insurance Claims

California's state-backed FAIR Plan faces lawsuits from homeowners over disputed wildfire insurance claims, highlighting challenges in claim processing and regulatory compliance.