INSURASALES

AI in Insurance Market to Surge to $79.89B by 2032 | Regulatory and Cloud Trends

The AI in insurance market is projected to grow at 33.06% CAGR, driven by cloud adoption and evolving regulations like NAIC guidelines and the EU AI Act. This report examines how AI transforms underwriting, claims, and fraud detection across regions.

Starr Insurance Names Sean Chen APAC President as Phil Finley Retires

Starr Insurance appoints Sean Chen as APAC President, succeeding Phil Finley, who retires after 23 years. Key leadership change impacts APAC commercial insurance strategy.

PICC Property & Casualty Co Updates Governance Structure with New Employee Director

PICC Property & Casualty Co announces election of new employee representative director and dissolves supervisory committee, marking key governance changes in the China insurance sector.

United Risk Acquires WTW’s Verita, Rebrands as Verist to Expand Specialty Insurance

United Risk acquires WTW's Verita, rebranding it as Verist to enhance specialty insurance services across multiple sectors including real estate and life sciences.

OBBBA Caps State-Directed Payments in Medicaid Managed Care, Reshaping Value-Based Payment Programs

The One Big Beautiful Bill Act (OBBBA) establishes statutory caps on state-directed payments in Medicaid managed care, centralizing federal control and impacting value-based payment reforms. CMS expected to issue guidance on implementation.

One Big Beautiful Bill Reshapes U.S. Healthcare Payment and Delivery

Explore how the One Big Beautiful Bill is transforming U.S. healthcare payment models, Medicaid work requirements, ACA subsidies, and rural hospital funding dynamics with expert analysis from Marwood Group.

RTA Launches Lloyd's-Backed Physical Damage Program for Commercial Auto Insurance

Reliable Transportation Association expands U.S. commercial auto insurance with Lloyd's-backed Physical Damage program. Digital platform enables instant quotes, rewarding safety with competitive pricing.

Florida Auto Insurance Rates Drop 6.5% Following Tort Reform

Florida's top five auto insurers cut rates by 6.5% after legislative tort reforms reduce insurer litigation risks, influencing market-wide rate decreases.

Berkshire Hathaway Q2 Reinsurance Profits Improve While Primary Insurance Faces Challenges

Berkshire Hathaway reports improved Q2 reinsurance underwriting profits due to lower losses and expenses, despite primary insurance challenges linked to Guard.

Lincoln National Q2 2025 Earnings Beat Estimates with Strong Capital and Segment Growth

Lincoln National Corporation reported strong Q2 2025 results with a 28% EPS increase and a Risk-Based Capital ratio above 420%, driven by insurance premium growth and solid annuity and Group Protection performance.