Insurance Telematics Market to Reach $41.3B by 2034 with North America in Lead
Explore how the insurance telematics market is set to grow to $41.3 billion by 2034, driven by UBI models, cloud computing advances, and North American market leadership.
Michigan Ranked 4th State for Auto Animal Collision Claims by State Farm
Michigan ranks 4th nationwide in auto insurance claims from animal collisions, with deer causing the majority. State Farm data reveals seasonal trends and regional risk variations, impacting insurance claims and risk management strategies.
AXA XL Highlights Corporate Energy Independence Trend and Insurance Innovations
Explore AXA XL's insights on the corporate shift to energy independence and innovative insurance solutions covering solar, battery storage, nuclear, and emerging energy technologies.
Purbeck Warns SMEs to Boost Due Diligence Amid Rising M&A Failures
Purbeck Insurance Services reports a rise in SME business failures linked to mergers and acquisitions in 2024, urging stronger due diligence and Personal Guarantee Insurance to manage risks.
Travelers Institute Launches Initiative to Address US Insurance Market Challenges
Travelers Institute launches a multi-year initiative focused on insurance availability, affordability, and regulatory impacts in the US market. Key events and industry collaboration are planned.
Verisk Reports Sharp Rise in Catastrophe Losses; NJ Workers’ Comp Managed Care Focuses on Specialized Networks
Verisk's 2025 report highlights a 25% rise in global annual catastrophe losses driven by frequent smaller events. NJ's workers' comp sector emphasizes specialized Managed Care Organizations for improved occupational injury care and claim outcomes.
NAIC Summer 2025 Meeting Advances Reinsurance, Investment, AI Oversight
Summary of NAIC Summer 2025 Meeting covering life reinsurance asset adequacy testing, offshore reinsurance risks, funding-agreement-backed programs, AI regulatory frameworks, and updates on insurance investment monitoring and accounting.
AM Best Downgrades Erie Insurance Group Property/Casualty Ratings, Affirms Erie Family Life
AM Best downgrades Erie Insurance Group's property/casualty credit ratings from A+ to A, citing underwriting losses and weather claims impact. Erie Family Life's rating affirmed.
Mercury Insurance Emphasizes Fall Home Maintenance to Reduce Claims
Mercury Insurance highlights simple fall home maintenance steps to reduce weather damage claims and protect homeowners this autumn.
AvonRisk Acquires AS&G to Boost Claims Admin in Southern US Markets
AvonRisk acquires AS&G Claims Administration, expanding their claims management and workers' compensation services in Texas, Louisiana, Mississippi, and Alabama. AS&G retains its leadership, enhancing AvonRisk's service offerings to public entities and self-insured employers.