INSURASALES

Tag: Risk Management

Insurance Gaps in Gig Economy Driving: Coverage Considerations for Rideshare and Delivery

Explore critical insurance coverage gaps for gig economy drivers, with insights on rideshare endorsements and risk mitigation strategies for delivery and rideshare workers.

TransRe Adopts Cytora AI to Digitize Facultative Reinsurance Operations

TransRe partners with Cytora to deploy AI-driven digital risk processing in facultative reinsurance, improving underwriting accuracy and operational efficiency.

Florida Homeowners Insurance Market Shows Stability Despite Local Rate Concerns

Florida's homeowners insurance market shows decade-high stability with mixed rate changes, though local consumers report rising premiums post-Hurricane Ian and limited insurer options in some areas. Regulatory filings indicate ongoing shifts in rates.

Mexican Insurance Industry Reports $908B in Premiums, Highlights Major Claims

Mexican insurance companies manage premiums of MX$908.79 billion and have paid significant claims including $3.01 billion for COVID-19. The sector faces modernization and climate risks while growing pension insurance.

State Farm Halts New Home and Business Insurance in California Over Wildfire Risks

State Farm suspends new home and business insurance applications in California due to soaring wildfire risks and rebuilding costs, highlighting challenges in the property insurance market.

Atlantic American Q2 2025 Earnings Show Strategic Turnaround in Specialty Insurance

Atlantic American Corporation reported a net income reversal in Q2 2025, driven by Medicare supplement and commercial auto premium growth, disciplined underwriting, strong capital, and diversified investment gains amid insurance sector volatility.

Algebrik AI and Open Lending Integrate for Enhanced AI-Driven Auto Loan Decisioning

Algebrik AI and Open Lending partner to integrate AI-powered auto loan decisioning tools for credit unions, enhancing risk management and loan origination efficiency.

Brighthouse Financial Q2 Earnings Underscore Mixed Results and Growth Challenges

Brighthouse Financial's Q2 earnings missed revenue and EPS estimates, showing challenges in premium growth and book value. Analysts highlight mixed operational and capital performance amid evolving market conditions.

Reliable Transportation Association Launches Digital Physical Damage Insurance for U.S. Commercial Autos

Reliable Transportation Association introduces a Lloyd's-backed physical damage insurance program for commercial auto operators in six U.S. states, featuring digital quoting and risk-based pricing.

Global Natural Catastrophe Insured Losses Hit $80B in Early 2025

Natural catastrophe insured losses hit $80 billion in H1 2025, driven by record wildfires and severe storms. Swiss Re highlights wildfire risks, urbanization, and calls for improved mitigation strategies.