INSURASALES

Insurance Data Tracking in Apps Raises Regulatory and Privacy Concerns

Examining concerns over app-based tracking of driving data affecting auto insurance rates, related lawsuits, and emerging U.S. privacy legislation.

United Automobile Insurance Company: Innovation and Customer Focus Drive Auto Insurance Growth

United Automobile Insurance Company (UAIC) leads the U.S. auto insurance market through disciplined underwriting, technological innovation, and customer-centric service. The company's strategic growth and technology investments enhance claims management and accessibility across multiple states.

Litigation Funding Raises Premiums, Alters Liability Insurance Market Dynamics

Third-party litigation funding drives higher premium costs and reduced liability insurance availability, impacting underwriting and claims trends in commercial auto, umbrella, and product liability lines.

Porch Group’s HOA Tops AM Best Homeowners Insurance Rankings

Porch Group's Homeowners of America Insurance Company ranked first in Texas and third nationally in direct combined ratio performance in the 2024 AM Best report, demonstrating strong underwriting and loss ratio improvements continuing into 2025.

Motion Specialty Gains Lloyd’s Coverholder Status for Niche U.S. Homeowners and Flood Insurance

Motion Specialty has secured approval as a Lloyd's of London coverholder to underwrite specialty insurance products including High Value Homes and Flood coverage, leveraging data-driven underwriting and technology focused on wholesale distribution.

Key Hurricane Season Myths Affecting Insurance and Risk Management

Debunking common hurricane myths critical for insurers and risk managers. Understand storm surge risks, flood insurance needs, and inland weather hazards for better coverage strategies.

Policy Uncertainty and Rising Costs Weigh on U.S. Housing Market in 2019

Policy unpredictability, rising insurance and tax costs, and trade tensions are slowing the U.S. housing market recovery in 2019, creating cautious consumer behavior and a weak summer buying season outlook.

Chubb Names Tim Boroughs Vice Chairman and Chris Hogan Chief Investment Officer

Chubb Limited appoints Tim Boroughs as Vice Chairman and Chris Hogan as Chief Investment Officer, enhancing leadership in investment management to support global insurance operations.

Travelers Launches Quantum Yacht 2.0 with Enhanced Coverage and Agent Tools

Travelers introduces Quantum Yacht 2.0, an upgraded yacht insurance product with customizable coverage and an improved quoting platform for agents, enhancing service and market reach.

ICICI Lombard Partners with Park+ to Digitize Car Insurance for 20 Million Users

ICICI Lombard teams up with Park+ to offer seamless digital car insurance solutions to over 20 million users, enhancing motor insurance accessibility and claims processing in India.