INSURASALES

Tag: Underwriting

Roots Appoints Robin Spaulding to Lead AI-Powered Insurance Innovation

Roots names insurance veteran Robin Spaulding as head of insurance to drive AI integration and modernize claims and underwriting for P&C insurers.

U.S. Auto Insurance Shopping Soars in Q1 2025 Amid Tariffs and Tax Refunds

U.S. auto insurance shopping increased 16% in Q1 2025 as tax refunds and tariffs drive new vehicle purchases. Policy retention declines, prompting insurers to adjust strategies.

Litigation Funding Raises Premiums, Alters Liability Insurance Market Dynamics

Third-party litigation funding drives higher premium costs and reduced liability insurance availability, impacting underwriting and claims trends in commercial auto, umbrella, and product liability lines.

U.S. P&C Insurance Combined Ratios Hit Decade Low Amid Rising Costs and Digital Shift

U.S. property and casualty insurance industry sees best combined ratio in over a decade in 2024, driven by better personal lines underwriting and digital sales growth, despite rising auto repair costs and inflationary pressures from tariffs.

Repeat DUI Charges Highlight Challenges in Fatal Hit-and-Run Insurance Claims

Analysis of repeat DUI offenses in a fatal hit-and-run case underscores challenges for insurers in underwriting, claims, and risk management within auto insurance and regulatory compliance.

Totalis Launches Spotlight MGA for Specialized Entertainment Production Insurance

Totalis Program Underwriters launches Spotlight MGA specializing in tailored insurance for U.S. entertainment production companies, addressing unique industry risks. Doxa expands event coverage through RVNA acquisition.

U.S. P/C Insurance Industry Sees Best Underwriting Since 2013 but Faces 2025 Challenges

The U.S. property/casualty insurance sector achieves best underwriting since 2013 with a 96.6 net combined ratio in 2024, but wildfire losses and tariffs may impact 2025 results.

Key Leadership Appointments Signal Strategic Shifts in U.S. Insurance Sector

Recent U.S. insurance sector leadership changes highlight strategic focus on underwriting, sales growth, and risk management solutions in middle market and healthcare segments.

Texas Insurers Expand AI-Driven Aerial Surveillance for Home Insurance Risk Assessment

Texas insurers are increasingly using AI-analyzed aerial imagery to evaluate home insurance risks, impacting policy renewals and risk management strategies.

AI Set to Revolutionize US Insurance Industry by 2025

AI technology is projected to handle most standard insurance tasks by 2025, driving operational efficiency, enhancing risk assessment, and transforming claims processing across the US insurance sector.