INSURASALES

Patriot Select Approved to Take Over 30,000 Policies from Florida's Citizen Property Insurance

Patriot Select gains regulatory backing to assume up to 30,000 personal residential policies from Florida's Citizen Property Insurance, reflecting a strategic risk transfer in the state's insurance market.

Rising Requirements for Homeowners Insurance Repairs Impact Renewals and Coverage

Homeowners insurance companies are increasingly requiring maintenance and repairs as a condition for policy renewal amid rising claims costs and market pressures. Learn how these underwriting changes affect coverage and policyholder decisions.

Rising Nuclear Verdicts and 831(b) Captive Reforms Reshape U.S. Liability Landscape

Explore the surge in nuclear verdicts, state tort reforms, and evolving IRS regulations on 831(b) captive insurance impacting U.S. liability and risk financing strategies in 2025.

InvoiceCloud Adds Insurance Innovation Expert Michael Costonis to Board

InvoiceCloud strengthens its leadership with Michael Costonis joining the board to drive strategic growth and digital innovation in insurance payment solutions.

Dental Insurance Market Sees Unsustainable First-Year Pricing and Renewal Rate Pressures

Principal Financial Group highlights unsustainable first-year dental insurance pricing leading to future renewal rate increases, impacting employer dental plan costs through 2026 and beyond.

U.S. Mortgage Rates Need to Drop Below 6% to Boost Housing Market, Experts Say

Mortgage rates must fall below 6% to enhance U.S. housing affordability and stimulate market activity, but experts predict declines won't occur until 2027 or later amid economic uncertainty.

Insurance Industry Advances in MENA Partnerships and AI Governance

Key insurance industry updates include Arthur J. Gallagher's MENA partnership, Allianz Partners UK's travel product expansion, and Cytora's ISO/IEC 42001 AI governance certification enhancing digital insurance frameworks.

Organized Life Insurance Fraud Scheme Uncovered in Connecticut

Connecticut police arrested Ian Pierce for a multi-year life insurance fraud scheme involving fake policies and premium collections, following an investigation by state insurance and law enforcement agencies.

Verisk to Acquire AccuLynx for $2.35B, Enhancing Insurance Claims Tech Ecosystem

Verisk's $2.35B acquisition of AccuLynx strengthens its property insurance claims ecosystem by integrating contractor SaaS workflows and enhancing data-driven restoration services.

Connecticut Man Charged in Scheme Involving Fake Life Insurance Premiums

Connecticut man faces multiple charges for collecting premiums on fake life insurance policies. Case underscores importance of regulatory oversight in insurance industry.