INSURASALES

Tag: Risk Management

Cincinnati Financial Reports Q1 2025 Loss Amid Rising Catastrophe Claims and Investment Headwinds

Cincinnati Financial posts Q1 2025 net loss due to increased catastrophe losses and decreased investment gains, with premium growth and risk strategies shaping outlook.

Key Insights and Innovations for U.S. Property & Casualty Insurance Professionals

Explore crucial strategies and technology innovations shaping property and casualty insurance claims, risk assessment, subrogation, and information management for U.S. insurers.

Mercury Insurance Links Safe Driving to Auto Insurance Savings

Mercury Insurance highlights the impact of safe driving on reducing accidents and lowering auto insurance premiums, emphasizing driver responsibility and risk management strategies.

AM Best Upgrades Unity Financial Life Insurance Credit Rating to BBB+

AM Best upgrades Unity Financial Life Insurance Company's Long-Term Issuer Credit Rating to BBB+, affirming its financial strength and noting improved capital adequacy and balance sheet strength within the U.S. life insurance sector.

Mercury Insurance Highlights Safe Driving's Impact on Auto Insurance Savings

Mercury Insurance links safe driving behaviors to potential auto insurance savings, emphasizing risk mitigation and regulatory considerations in underwriting.

AM Best Urges Stress Testing Amid Rising US Property Catastrophe Losses

AM Best reports rising catastrophe losses in US property insurance, urging enhanced stress testing and risk management amid growing secondary weather perils.

FICO and dacadoo Partner to Advance AI-Driven Underwriting in Life Insurance

FICO and dacadoo join forces to transform life insurance underwriting with AI-powered risk assessment and behavior-based models, improving efficiency and customer value.

Amwins Launches CoverCap for Middle-Market Commercial Property Coverage

Amwins introduces CoverCap, a new primary property coverage solution targeting middle-market commercial property risks up to $50 million TIV, enhancing underwriting efficiency and risk management.

Lucosky Brookman LLP Expands Insurance Defense Litigation in New York

Lucosky Brookman LLP expands its Insurance Defense Litigation Practice Group with a new office in Westchester County, NY, adding expertise in transportation and casualty claims for national trucking and insurance clients.

3rd Circuit Upholds Insurance Exclusions for Pre-Acquisition Wrongful Acts

The 3rd Circuit Court rules that insurance policy exclusions for pre-acquisition wrongful acts will be strictly enforced, stressing the importance of due diligence in mergers and acquisitions.