Insurance Industry Reaches a New Inflection Point

Insurance company clients take out the complete insurance concept. Assurance, insurance, car, real estate and property, travel, finances, health, family, life, accident, and logistics insurance

The report describes a shift driven by interconnected risks, rapid technological capabilities, and changes in customer needs.

Climate-Fueled Insurance Crisis Threatens U.S. Housing and Financial Stability

Hurricane rainfall flooded road. Drowned car on city street in Florida residential area. Consequences of hurricane natural disaster.

A convergence of rising insurance premiums, accelerating climate disasters, and a nationwide housing affordability crunch is creating a ripple effect that threatens to destabilize key segments of the U.S. economy.

California Commissioner Backs Bill to Enhance Homeowners’ Privacy and Insurance Transparency

Aerial view of tract housing in the Angel Park neighborhood in Summerlin South, Clark County, Nevada, on a clear, sunny day in Fall.

The Commissioner of California, Ricardo Lara, announced last Friday his support for new legislation designed to safeguard homeowner privacy and improve transparency regarding how insurance companies use aerial imagery.