INSURASALES

Tag: Property & Casualty

Florida Homeowner Insurance Market Expands with Two New P&C Insurers

Florida adds two new property and casualty insurers to its homeowner market, bringing the total to 17 and signaling market growth and increased competition.

Allstate Reports Lower Catastrophe Losses for July 2025, Boosts Reinsurance Coverage

Allstate reports $184M catastrophe losses for July 2025, down from prior year and increases reinsurance coverage to $9.5B to manage catastrophe risk.

Kingstone Names Randy L. Patten as CFO to Drive Finance and Growth Strategy

Kingstone Companies appoints Randy L. Patten as CFO, bringing extensive insurance financial leadership experience to advance growth and regulatory compliance in the Northeast P&C market.

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.

Marsh McLennan Agency Acquires Excel Insurance to Expand in South Florida

Marsh McLennan Agency expands in South Florida through the acquisition of Excel Insurance, enhancing property/casualty and specialty insurance services. Learn about the strategic impact on the regional business insurance market.

Deloitte's Arun Leads Global Insurance Technology and Digital Transformation

Arun heads Deloitte's global insurance technology practice, driving digital transformation and IT strategy for Property & Casualty and Life & Annuities insurers. Discover his role in insurance technology innovation and consulting.

2025 P&C Insurance Market Faces Catastrophe Losses Amid Pricing and Capacity Shifts

The 2025 U.S. commercial P&C insurance market navigates record catastrophe losses, rising premiums, and evolving underwriting amid inflation and regulatory shifts.

State Auto Claims Organization Modernizes with Sapiens ClaimsPro SaaS Solution

A major U.S. state-run auto insurance claims organization adopts Sapiens ClaimsPro SaaS platform to modernize claims processing, enhance reporting, and reduce technical debt while improving operational efficiency.

NCOIL 2025 Spring Meeting Elevates National Insurance Policy Collaboration

The 2025 NCOIL Spring Meeting in Charleston advances key insurance reforms, including prior authorization, AI in insurance, and prescription drug affordability, with record participation from legislators and regulators.

J.D. Power Reports Decline in U.S. Homeowners Insurance Claims Satisfaction in 2025

J.D. Power's 2025 study reveals declining satisfaction in homeowners insurance claims due to rising catastrophes, premium hikes, and extended claim payouts.