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 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 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 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 partner to integrate AI-powered auto loan decisioning tools for credit unions, enhancing risk management and loan origination efficiency.
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 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.
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.
WTW and Klarity collaborate to enhance life insurance underwriting with AI-driven mortality scoring using wearable health data for improved risk assessment and pricing.
Auto insurance premiums in the U.S. are rising due to increased claims and repair costs. Exploring comprehensive and collision coverage adjustments can help manage expenses.
