INSURASALES

U.S. Insurance Sector Advances with New SRCC Model and AI-Driven Analytics

Explore recent U.S. insurance industry innovations including Verisk's SRCC catastrophe model, Clearwater Analytics' acquisition of Beacon, and Willis Towers Watson's AI-driven Radar Vision tool enhancing underwriting and risk analytics.

Louisiana Legal Reforms Aim to Lower Auto Insurance Rates Through Medical Billing Transparency

Louisiana lawmakers propose legal reforms targeting medical billing transparency to reduce auto insurance rates. Insurance commissioner supports reforms based on national precedents.

Automobile Insurance Leads U.S. Property & Casualty Market for 10 Years

Automobile insurance has consistently held the largest market share in the U.S. property and casualty insurance sector for the past decade, highlighting its industry significance and market dynamics.

U.S. Property & Casualty Insurance Industry Outlook: Key Players & Market Trends

Explore insights on the U.S. Property & Casualty Insurance industry, highlighting market trends, catastrophe impact, technology integration, and earnings forecasts for major insurers in 2025-2026.

Homeowners Insurance Covers Food Loss, Appliance Damage After Storms

Explore how homeowners insurance covers food spoilage and appliance damage due to storm-related power outages. Learn claim tips and coverage details for effective loss recovery.

Oklahoma Homeowners Face 8% Insurance Premium Increase Amid Extreme Weather Risks

Oklahoma homeowners are experiencing an 8% rise in home insurance premiums in 2023 due to increased claims from hail, wind, wildfires, and tornadoes. Strategies to mitigate costs include home fortifications and deductible adjustments.

Tahoe Donner’s Forest Management Leads to Novel Wildfire Insurance Policy

Tahoe Donner Association secures a $2.5M wildfire insurance policy linking premiums directly to decades of active forest management, setting a precedent for wildfire risk pricing.

NCOIL 2025 Spring Meeting Elevates National Insurance Policy Collaboration

The 2025 NCOIL Spring Meeting in Charleston advances key insurance reforms, including prior authorization, AI in insurance, and prescription drug affordability, with record participation from legislators and regulators.

Connecticut Nonprofits Face Rising Liability Insurance Costs Threatening Foster Care Programs

Connecticut nonprofits operating foster care programs face rising liability insurance premiums due to extended child sex abuse lawsuit timelines, jeopardizing critical services. Legislative and regulatory efforts aim to address insurance market challenges for these providers.

Beneva Advances Core Insurance Operations with Guidewire Cloud Migration

Canadian insurer Beneva transitions core insurance systems to Guidewire Cloud Platform, enhancing underwriting, billing, and policy administration with advanced cloud technologies for operational agility and improved customer experience.