Based on insights curated from over 1800+ insurance industry clients, The State of AI in P&C Insurance report examines the role of AI in retail, MGA/ wholesale and carrier markets.
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Thousands of Minnesotans Face Medicare Advantage Coverage Changes for 2025
The Medicare open enrollment period for 2025 ends on December 7, and Minnesota seniors enrolled in Medicare Advantage plans are facing significant disruptions to their healthcare options.
Disparities in Rate Regulation for Personal Auto Insurance Has Negative Impacts
A new study from the Insurance Research Council (IRC) shows that the processes to achieve approved rate filings for personal auto insurance throughout the U.S. has become more cumbersome since 2010, negatively impacting market performance.
Secondary Perils and Climate Risks Reshape Insurance Models
In 2024, global insured losses from natural catastrophes are set to surpass the $100 billion mark, a trend that has persisted in recent years. This surge is largely due to secondary perils.
Climate-Driven Hazards Pose Increasing Risk to Millions Along Southeast Atlantic Coast
A new study reveals by 2100, a sea level rise of 1 meter could impact over 14 million people and put more than $1 trillion worth of property at risk.
New Building Codes in Hawaii: Balancing Safer Buildings Against the Housing Crisis
Hawaii Governor Josh Green’s recent efforts to update building codes highlight the challenge of protecting public safety without further exacerbating an already critical shortage of affordable homes.
Survey: Over 20% of Renters Struggle to Afford Rent, Says Redfin
With rental prices skyrocketing in many parts of the country, renters are experiencing unprecedented levels of financial strain.
P&C Reinsurance Prices Expected to Decline in 2025
Heading into January 1 renewals, property and casualty (P&C) reinsurance pricing is set to decline, barring any significant catastrophic events, according to analysts at Morgan Stanley.
Cape Coral Pursues Increased FEMA Flood Insurance Discount
The City of Cape Coral recently received good news from FEMA: its 25% flood insurance discount will remain effective, providing crucial relief to thousands of property owners.
Florida Legislative Leaders Shift Focus to Insurance and Affordability
On Tuesday, Florida’s new legislative leaders, House Speaker Danny Perez and Senate President Ben Albritton, both Republicans, delivered strong messages on affordability and the behavior of insurance companies, marking a notable shift from previous GOP stances.