INSURASALES

Vehicle Thefts in U.S. Decline 23% in First Half of 2025, NICB Reports

The National Insurance Crime Bureau reports a 23% drop in U.S. vehicle thefts in the first half of 2025 due to enhanced anti-theft technology, law enforcement efforts, and market changes.

Innovative Mutuality Model Offers Cost Savings for Safe Drivers Amid Rising Auto Insurance Rates

Discover how Good Driver Mutuality's AI-driven mutuality platform offers a transparent, cost-effective alternative to traditional auto insurance for safe drivers facing rising premiums in 2025.

Massachusetts Municipalities Missing Flood Insurance Savings Due to Non-Participation in FEMA Program

Massachusetts municipalities, including Boston, miss FEMA flood insurance discounts by not participating in the Community Rating System, increasing costs for flood-prone residents.

House Collapses in Buxton Prompt Safety Warnings and Highlight Insurance Risks

Buxton house collapses highlight coastal erosion risks and insurance gaps. CHNS issues safety warnings; regulatory action on insurance policies discussed.

Government Shutdown Disrupts National Flood Insurance Program Coverage

The U.S. government shutdown disrupts the National Flood Insurance Program, halting policy renewals and new purchases, raising flood risk during hurricane season. Legislative efforts aim to secure program stability.

ZestyAI Expands ZORRO Discover for All P&C Lines, Enhancing Regulatory Intelligence

ZestyAI expands ZORRO Discover to all P&C insurance lines, boosting regulatory approvals by 50% and enhancing market intelligence with AI-driven analytics.

Onex Partners Sells Convex to Onex Corporation and AIG for $7 Billion

Onex Partners and institutional investors agree to sell Convex to Onex Corporation and AIG in a $7 billion property and casualty insurance sector deal, expected to close in H1 2026.

The Hanover Insurance Group Posts Strong Q3 2025 Earnings with 75% Net Income Growth

The Hanover Insurance Group reports a 75% increase in Q3 2025 net income driven by improved underwriting and lower catastrophe losses, alongside premium growth and rate increases across key segments.

Brevard County Flooding Exposes Homeowners' Flood Insurance Gaps

Brevard County flood damage reveals common gaps in homeowners' flood insurance coverage, prompting local assistance programs and highlighting insurance industry challenges.

FIO 2025 Report Highlights Litigation Funding Impact on U.S. Property-Casualty Insurance

The 2025 Federal Insurance Office Annual Report identifies third-party litigation funding as a key factor driving up costs in the U.S. property-casualty insurance sector, highlighting regulatory efforts and market impacts.