INSURASALES

Tag: Insurance Market

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.

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.

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.

2025 Insurance Industry Growth Supported by Economic and Technological Trends

Conning analysts forecast sustained growth in life/annuity and property/casualty insurance in 2025, driven by economic conditions, regulatory focus, AI adoption, and rising catastrophe and cyber risks.

Aon Reports Market Softening in Property, Cyber, and D&O Lines Amid Rising Systemic Risks

Aon's Q2 2025 report reveals softening insurance market conditions in property, cyber, and D&O lines with lower premiums and increased capacity despite rising systemic risks from climate and geopolitical challenges.

US Insurance Market Poised for Major Change Under 'One Big Beautiful Bill Act'

The 'One Big Beautiful Bill Act' introduces sweeping changes to US health and P&C insurance, including Medicaid cuts, ACA subsidy restrictions, and new tax incentives, reshaping market dynamics through 2034.

Wildfire Risk and Insurance Challenges for Boulder Mountain Homeowners

Explore wildfire risk management and insurance challenges faced by Boulder, Colorado mountain homeowners amid growing wildfire threats and insurer withdrawals.

Kansas City Life Insurance Sees Decline in Short Interest Amid Modest Trading

Kansas City Life Insurance experiences significant decline in short interest and reports recent financial results with modest stock trading performance and dividend payout. Analysts maintain a Hold rating amid cautious market sentiment.

Stephen Weinstein Leads Mangrove Property Insurance with Agent Partnership Focus

Stephen Weinstein, founder and CEO of Mangrove Property Insurance, emphasizes building strong partnerships with independent agents to drive growth and collaboration in the insurance sector.

Florida Homeowners Insurance Market Stabilizes with New Insurers and Legislative Reforms

Discover how Florida's homeowners insurance market is stabilizing with new insurers entering post-Hurricane Ian and recent legislative reforms reducing litigation and rate pressures.