TransRe Adopts Cytora AI to Digitize Facultative Reinsurance Operations
TransRe partners with Cytora to deploy AI-driven digital risk processing in facultative reinsurance, improving underwriting accuracy and operational efficiency.
TransRe partners with Cytora to deploy AI-driven digital risk processing in facultative reinsurance, improving underwriting accuracy and operational efficiency.
Florida's homeowners insurance market shows decade-high stability with mixed rate changes, though local consumers report rising premiums post-Hurricane Ian and limited insurer options in some areas. Regulatory filings indicate ongoing shifts in rates.
Atlantic American Corporation reports significant Q2 2025 net income gains driven by premium revenue growth and improved operating income across property, casualty, and life insurance segments.
American Integrity Insurance Group reports strong Q2 2025 financial results with significant policy growth and robust underwriting in Florida's residential property insurance market following its IPO.
A California ballot initiative aims to repeal Proposition 103, which has regulated property and casualty insurance for decades. The change could impact premium approvals, market stability, and wildfire risk policies.
A leading Third-Party Administrator adopts CalcFocus Achieve and Forecast systems to modernize policy administration, enhance digital service, and accelerate Life and Annuity product deployment.
Tropical Storm Erin is intensifying and predicted to become the first hurricane of the season, with minimal impact expected on South Florida. Additional Atlantic waves show low development potential.
Michigan financial advisor Todd Bernstein charged with insurance fraud for submitting false annuity applications involving early annuity surrenders, under investigation by Michigan DIFS and Attorney General.
Mexican insurance companies manage premiums of MX$908.79 billion and have paid significant claims including $3.01 billion for COVID-19. The sector faces modernization and climate risks while growing pension insurance.
US government pursues civil forfeiture against two Florida DME companies accused of over $33 million in fraudulent Medicare claims for medically unnecessary equipment and services.