Florida regulators approve private insurers to take tens of thousands of policies from Citizens Property Insurance Corp., aiming to reduce the insurer of last resort's market share amid hurricane season risks.

Westfield Insurance names Henning Haagen as Chief Underwriting Officer to lead enterprise underwriting strategy and portfolio management, enhancing underwriting performance and profitability.

Arthur J. Gallagher expands into Pacific Northwest by acquiring insurance brokerage Durham & Bates, boosting property/casualty and employee benefits services.

Buffalo Grove homeowners near The Arboretum Club golf course report repeated property damage from stray golf balls, highlighting liability and reimbursement challenges.

Oklahoma homeowners encounter high insurance premiums and significant coverage gaps for hail and flood damage, emphasizing the importance of regular policy reviews and flood insurance amid increasing weather risks.

Baker Tilly partnered with a mutual P&C insurer to validate compliance with the NAIC Model AI Bulletin and benchmark AI governance maturity, delivering a strategic roadmap for responsible AI adoption in insurance.

Social inflation is increasing the severity and cost of U.S. workers compensation claims, driven by legal challenges, regulatory changes, and evolving claim management strategies.

Many homeowners lack flood insurance despite flood risks outside high-risk zones. Learn why flood coverage and preventive maintenance are crucial for all property owners.

Palomar Holdings reports strong earnings growth, premium valuations, and strategic expansion in crop and Surety insurance, highlighting its robust position in specialty insurance markets.

Efforts to reduce car insurance rates are undermined by enforcement challenges and prevalence of uninsured drivers, with legislative reforms showing limited impact on premiums.