Kingstone Companies increases 2025/2026 catastrophe reinsurance limit by 57%, incorporating a $125 million cat bond under Rule 144A, optimizing coverage cost and supporting growth.

Kingstone Companies increases catastrophe reinsurance limit by 57% to $440M for 2025-2026, enhancing risk management and expected EPS.

Kingstone Companies finalizes 2025-2026 catastrophe reinsurance program, raising limits by 57% and lowering costs, enhancing risk coverage and financial performance.

AM Best lowers Safety Insurance Group's credit ratings citing capital adequacy challenges amid rising premiums and reserves, with stable outlook on financial strength.

Aflac reveals a cybersecurity breach on its U.S. network affecting customer personal data, highlighting rising cyber threats in the insurance industry.

Global insurers adjust war risk exposures and premiums as Israeli military operations against Iran disrupt aviation and maritime sectors, impacting global insurance markets and risk management strategies.

Dockside Apartments in Charleston confront a $151M repair bill due to missing HOA insurance coverage, highlighting insurance denial issues and homeowner financial risks.

North Carolina's new SB 452 law raises minimum auto insurance liability limits, mandates underinsured motorist coverage, extends surcharges for inexperienced drivers and moving violations, leading to premium increases starting July 2024.

The 2025 LexisNexis U.S. Auto Insurance Trends Report analyzes 2024 market data revealing rising driving violations, increased policy shopping, and a return to profitability in the auto insurance sector.

Mercury Insurance appoints Steve Bennett to lead climate and catastrophe science efforts, focusing on risk mitigation strategies to sustain property and casualty insurance in high-risk areas affected by extreme weather events.