INSURASALES

Tag: commercial insurance

Q2 US Commercial Insurance Sees Casualty Rate Rise Amid Nuclear Jury Verdicts

Q2 sees overall commercial insurance rates dip globally, but US casualty insurance rates rise sharply due to frequent nuclear jury verdicts exceeding $10 million, impacting insurance pricing and claims trends.

US Commercial Insurance Rates Rise in Q2 2025, Growth Pace Moderates

US commercial insurance rates increased in Q2 2025, with a slower growth pace than earlier in the year, according to MarketScout's latest pricing data. Insights for insurers and industry stakeholders.

Guidewire Adds AI Risk Assessment Startup Nettle to Insurtech Vanguards Program

Guidewire includes AI-powered risk assessment startup nettle in Insurtech Vanguards program to enhance commercial underwriting efficiency and address talent shortages in P&C insurance.

California Expands FAIR Plan Coverage and Boosts Transparency Amid Wildfire Claims Review

California Insurance Commissioner expands FAIR Plan coverage to commercial properties and enhances transparency as wildfire claims and regulatory scrutiny increase. Learn about the impacts on insurers and policyholders.

Corporate Insight Launches Digital Experience Research for Commercial P&C Insurance

Corporate Insight introduces Commercial Insurance Monitor, a research service delivering comprehensive analysis of digital experiences in commercial P&C insurance across 17 leading carriers to inform competitive strategies and product development.

CIC Services Expands EnviroCap Liability Program with Broader Captive Coverage

CIC Services expands EnviroCap Liability Program, integrating auto, workers' comp, and general liability within a captive insurance model to combat rising premiums and coverage exclusions in commercial insurance.

US P&C Insurance Industry Posts Best Underwriting Results Since 2013 in 2024

The US property & casualty insurance sector achieved its strongest underwriting results since 2013 in 2024, driven by improvements in personal lines and facing emerging economic and environmental challenges in 2025.

Allstate Sees $594M April Catastrophe Losses, Homeowners Policy Growth

Allstate reported $594 million in catastrophe losses for April 2024 amid shifts in its insurance portfolio, with homeowners policies rising 2.5% and commercial lines declining sharply. First-quarter net income was impacted by wildfire-related claims and elevated catastrophe costs.

U.S. Commercial Insurance Market Shows Optimism Amid Complex Risks and Capacity Shifts

U.S. commercial insurance market experiences stability with excess casualty capacity shifts amid evolving risks and regulatory challenges, industry leaders report at Riskworld.

Insurance Key to New York Small Business Resilience and Growth in 2023

Explore how tailored insurance coverage supports New York's small businesses by mitigating risks, managing legal challenges, and sustaining economic growth in 2023.