Berkley Re has introduced Berkley Re Turnkey Solutions, a new division focused on providing reinsured turnkey solutions to carriers, managing general agents (MGAs), program administrators (PAs), and insurtech firms.
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Tesla Drivers Report the Most Insurance Incidents, Study Finds
A recent Lending Tree study, as Kelley Blue Book reported, reveals that Tesla drivers reported more insurance incidents than drivers of any other car brand in 2024.
Insurance Workforce Trends in 2025: Growth, Challenges, and Shifting Priorities
The Q1 2025 Insurance Labor Market Study by The Jacobson Group and Ward, Aon’s Performance Benchmarking Division, offers valuable insights into staffing expectations, revenue growth projections, and the shifting workforce landscape.
New Senate Bill Proposes Public Auto Insurance Option in Texas
Texas lawmakers are exploring a new approach to tackle the steep rise in auto insurance premiums. Senate Bill 1246, known as the “Auto Insurance Public Option Act,” aims to introduce a state-administered insurance option for all Texas residents.
Grange Insurance Names Ryan Michel as Chief Property and Casualty Officer
Grange Insurance Company announced that Ryan Michel has been named the company’s Chief Property and Casualty Officer.
Severe Convective Storm Risk Report 2025: Key Highlights
Severe convective storms are increasingly impacting property insurance costs in the U.S., with rising insured losses prompting changes that affect homeowners’ monthly budgets.
U.S. Housing Market Gains $2.5 Trillion in Value in 2024
The U.S. housing market continued its upward trajectory in 2024, gaining a total of $2.5 trillion in value to reach $49.7 trillion, according to a new report from Redfin.
Maine’s Home Insurance Stability
According to a recent report from Insurify, Maine leads the nation in home insurance stability, boasting the highest score on the company’s Home Insurance Climate Stability Index with a perfect 100.
How Carrier Processes and Technology Shape the Agent Experience: Insights from Vertafore’s Latest Report
A new report from Vertafore, “Independent agents on improving carrier partnerships: Report for insurance carriers,” sheds light on key factors that influence the agent experience.
U.S. Property/Casualty Insurance Industry Sees Significant Underwriting Improvement in 2024
The U.S. property/casualty (P/C) insurance industry experienced a substantial reduction in underwriting losses in 2024, with net underwriting losses narrowing to $2.6 billion from $24.6 billion in 2023, according to A.M. Best & Co. Inc.