INSURASALES

Tag: risk management

Kansas City Life $45M Settlement Highlights Legal and Regulatory Challenges in Insurance

Kansas City Life $45M Settlement Highlights Legal and Regulatory Challenges in Insurance

Kansas City Life Insurance settles $45M lawsuit over overpriced insurance claims amid broader U.S. industry legal developments involving Medicare contracts and liability claims.

American Life & Security Unveils Nasdaq-100 Intraday Elite 15%™ Index for Fixed Indexed Annuities

American Life & Security Corp. collaborates with Nasdaq Global Indexes to launch the Nasdaq-100 Intraday Elite 15%™ Index for its American Select Fixed Indexed Annuity, featuring volatility control and intraday rebalancing to enhance crediting stability.

Understanding Homeowners Insurance Cancellation: Key Insights for Mortgage Compliance

Explore the impact and regulatory context of homeowners insurance cancellations, including lender requirements, force-placed insurance implications, and steps for securing replacement coverage in compliance with state rules.

Onex Expands Insurtech Footprint with Integrated Specialty Services Acquisition

Onex's acquisition of Integrated Specialty Services highlights a strategic shift towards digital transformation in property and casualty insurance, backed by major institutional investors. This deal illustrates growing investment in data-driven insurance platforms and sets a benchmark for future insurtech consolidation.

Advanced Technologies Transform Wildfire Risk Management in U.S. Insurance

Explore how AI-driven risk models, geospatial analytics, and advanced technologies are reshaping wildfire risk management and insurance coverage in the U.S. market.

Florida Mandates Flood Insurance for Citizens Property Policyholders by 2027

Florida's Citizens Property Insurance mandates flood insurance for most policyholders by 2027, affecting over half a million homeowners and shifting market dynamics.

California Orders Closure of Meritage Health Plan Over Solvency Issues

California regulators mandate closure of Meritage Health Plan due to solvency failures, prompting reassignment of 11,000 Medicare Advantage members by Oct. 31, 2025. Insurers must ensure continuity of care amid contract terminations.

Evolving Role of Representations and Warranties Insurance in Tech M&A Deals

Explore how representations and warranties insurance has transformed risk management in tech sector M&A, highlighting evolving coverage, underwriting shifts, and the critical role of escrow agents in complex acquisitions.

Declining Auto Theft in 2024 Does Not Lower Insurance Premiums

Auto theft in the U.S. drops by 17% in 2024, but auto insurance premiums continue to rise due to repair costs, inflation, and legal factors influencing the insurance market.

Global Ocean Hull Market Sees Rising Premiums Amid Aging Fleet and Emerging Risks

In 2024, the global ocean hull insurance market grew 3.5% in premiums to $9.67 billion, with significant exposure from an aging fleet and new risks from alternative-fuel vessels and geopolitical tensions. Asia-Pacific made up 35% of premiums.