North Carolina Flood Risk Updates Highlight Insurance Market Challenges
North Carolina's updated flood risk data and evolving storm patterns present challenges and opportunities for flood insurance markets and risk management strategies.
Flood Insurance Challenges and Risk Rating 2.0 Impact in Western North Carolina
Explore how updated flood risk assessments and Risk Rating 2.0 impact flood insurance premiums and options in Western North Carolina amid changing flood patterns and regulatory adjustments.
Illinois Seeks Limits on Socioeconomic Data in Auto Insurance Pricing
Illinois explores restrictions on using socioeconomic data in auto insurance pricing, prompting industry pushback and regulatory debate on fair risk assessment and market stability.
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.
North Carolina Auto Insurance Law Changes Increase Costs for New and High-Risk Drivers
North Carolina's new auto insurance laws raise surcharges for new drivers, increase minimum liability coverage, and allow longer premium hikes for speeding violations, affecting insurance costs and risk evaluation.
Wildfire Risks Drive Up Home Insurance Costs in Taos County, NM
Home insurance rates rise in Taos County, NM due to wildfire risks and increased replacement costs, with new regulations promoting defensible space and wildfire preparedness.
Auto Thefts Drop to Pre-Pandemic Levels in 2024, NICB Reports
The National Insurance Crime Bureau reports a 17% drop in vehicle thefts in 2024, returning to pre-pandemic levels and impacting auto insurance risk and claims.
Texas Leads U.S. Cities in Driving Safety; Boston Most Collision-Prone per Allstate
The 2025 Allstate America's Best Drivers Report identifies Texas cities as safest drivers and Boston as the most collision-prone, providing key insights for insurance professionals on U.S. driving risk trends.
AM Best Hosts Briefing on 2025 Florida Property Insurance Market
AM Best to present a 2025 briefing on Florida's property insurance market amid active hurricane season forecasts. Industry experts to discuss market dynamics and regulatory factors.