INSURASALES

Tag: Underwriting

Resolution Life Names Jeff Davies CFO to Drive Strategic Financial Growth

Resolution Life appoints Jeff Davies as CFO to lead financial strategy and support growth amid integration with Nippon Life Group. Jonathan Moss shifts to CTO role overseeing underwriting.

Franklin Mutual Insurance Boosts Underwriting with AI-Powered Aerial Imagery

Franklin Mutual Insurance enhances underwriting efficiency and accuracy using Nearmap’s AI-driven aerial imagery platform, supporting cost reduction and growth.

Farmers Insurance Agent Highlights Competitive Homeowners Coverage and Client Education

Farmers Insurance Group agent emphasizes competitive homeowners insurance and personalized client guidance to ensure adequate coverage and savings.

Kin Insurance Expands into Missouri with Data-Driven Weather Risk Underwriting

Kin Insurance expands into Missouri, offering homeowners insurance with data-driven underwriting that addresses severe weather risks, ensuring precise pricing tailored to individual property risk profiles.

AM Best Affirms Strong Ratings for American Family Mutual Insurance and Affiliates

AM Best affirms A (Excellent) Financial Strength Ratings and stable outlooks for American Family Mutual Insurance Company and affiliates, citing strong capitalization and operational performance.

New Group Captive Insurance Program Targets Restaurants and Bars in U.S.

CIC Services and Ragnar Group launch a group captive insurance program tailored for U.S. restaurants and bars to improve risk classification and optimize premiums.

Commercial Auto Insurance Posts $4.9B Loss in 2024 Amid Rising Claim Severity

In 2024, commercial auto insurers faced a $4.9 billion underwriting loss driven by an 8% annual increase in claim severity, highlighting persistent challenges from social inflation and risk management in the U.S. market.

U.S. E&S Insurance Market Sees Modest Property Rate Declines, Variable Casualty Pricing

Explore the U.S. Excess and Surplus (E&S) insurance market trends featuring modest property rate decreases, variable casualty pricing, and the rising use of AI-driven underwriting technology.

Heritage Insurance Shares Surge on Strong Underwriting, Reinsurance Strategy

Heritage Insurance stock rises 11.7% on strong underwriting discipline and enhanced reinsurance program, positioning for growth in property and casualty insurance market.

Liberty Mutual Launches Infrastructure Solutions Unit to Enhance Risk Management

Liberty Mutual Insurance introduces Infrastructure Solutions unit within Global Risk Solutions to support complex infrastructure projects with specialized underwriting and risk management.