insurance

HARTFORD, Conn.--(BUSINESS WIRE)--Insurity’s 2025 Severe Weather P&C Consumer Pulse survey reveals that speed and responsiveness are what policyholders value most when filing weather-related insurance claims. More than half of respondents, 51%, said that fast response times and quick payouts are the most important factors when dealing with a severe weather claim. Clear communication followed at a distant second, with 22% of respondents citing it as their top priority. Far fewer consumers in

(MJC) MORRISTOWN, N.J.--(BUSINESS WIRE)--Majesco, the insurance industry’s foremost innovator in cloud-native, AI-driven software, today announced the release of its latest thought leadership report, A Powerful Chain Reaction: The Financial and Operational Impact of GenAI and Agentic AI Across the Insurance Value Chain. The findings are clear: insurers that don’t embrace AI – and fast – risk irrelevance. GenAI and Agentic AI aren’t incremental upgrades. They detonate outdated models, driving speed, s

HAMILTON, Bermuda--(BUSINESS WIRE)--Triangle Life Insurance Co. Ltd.1 (“Triangle Life”) announces today the launch of Triangle Global Harmony (“Global Harmony”), a flexible premium indexed universal life (IUL) insurance product designed to address the long-term protection and cash value accumulation needs of high-net-worth (HNW) clients. Developed in response to strong client and advisor demand, Global Harmony combines significant protection levels, competitive pricing, and well-known features

TROY, Mich.--(BUSINESS WIRE)--J.D. Power: Homeowners Insurance Premium Increases Threaten Customer Loyalty, Long-Term Profitability

(AFSI) NEW YORK--(BUSINESS WIRE)--AmTrust Financial Services, Inc., (“AmTrust” or the “Company”), a global specialty property casualty insurer, today announced a major expansion of its Excess and Surplus (E&S) division. The Company has welcomed senior industry talent and introduced new product lines in property, environmental, and builders risk as part of its ongoing commitment to the E&S market. Through the expansion, AmTrust has consolidated its Primary, Excess, and Environmental products in

OLDWICK, N.J.--(BUSINESS WIRE)--In its September issue, Best’s Review speaks with leaders from organizations including the Surplus Lines Association of California about the growth that the surplus lines insurance market has seen. Factors such as wildfire, natural catastrophes, difficulty attaining rate, uncertainty around emerging risks, and loss trends are leading traditional insurers to draw down coverage, driving business into the non-admitted market. Read the article here. Best’s Review is

PARIS & WINDSOR, Conn.--(BUSINESS WIRE)--A new Capgemini-LIMRA study finds almost a quarter of consumers under 40 are walking away from life insurance as they delay marriage and parenthood.

(NYSE:MCY) What You Need to Know Before Purchasing Your Own Charger LOS ANGELES, Sept. 11, 2025 /PRNewswire/ -- Mercury Insurance (NYSE: MCY) has seen a steady rise in the number of EV owners and those with home EV chargers. This is due to both the convenience and cost savings of charging at home....

HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today shared findings from its 2025 Severe Weather P&C Consumer Pulse Survey, showing that nearly half of policyholders are willing to switch providers and pay more if it means gaining stronger protection against severe weather. Forty-nine percent of respondents said they would switch to another insurer offering more comprehensive coverage, even at a higher premi

NEW YORK--(BUSINESS WIRE)--New England Indemnity Company (NEIC) is rolling out a newly modernized suite of personal lines insurance products, including auto, homeowners, umbrella and dwelling fire coverages in New Hampshire. The company plans to expand the product rollout across the Northeast. The launch is powered by ReSource Pro’s business process and technology services and INSTANDA’s no-code platform. The expansion represents a significant milestone in NEIC’s journey to deliver faster, smar

(NYSE:AM) OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best will host its first-ever market briefing in São Paulo to discuss its outlook on Brazil’s reinsurance segment, as well as present on the credit rating agency’s recently launched National Scale Ratings for Brazil. The event is scheduled for Thursday, Oct. 23, 2025, from 3:00–6:00p.m. (BRT) at The Renaissance São Paulo in Brazil. At the event, Ricardo Rodriguez-Perez, senior financial analyst, AM Best, will explore recent positive and negative rating pressur

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Total U.S. surplus lines direct premiums written (DPW) reached another record level at nearly $130 billion with a year-over-year increase of 12.3%, notching the seventh straight year of double-digit premium growth for non-admitted insurers, according to a new AM Best report. The Best’s Market Segment Report, titled, “Market Need for Specialized Expertise Propels US Surplus Lines Market,” states that troubled property/casualty (P/C) coverage lines and challenging

(NYSE:ALL) HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, a leading provider of cloud-based software for insurance carriers, brokers, and MGAs, today shared findings from its 2025 Severe Weather P&C Consumer Pulse Survey. The survey reveals that concern over severe weather continues to rise, with a growing number of people reporting the financial impact in the form of higher insurance premiums. Nearly three in four respondents, 74%, said they are either extremely or moderately concerned about severe weat

CHICAGO--(BUSINESS WIRE)-- #AIrisksolutions--Origami Risk launches a new solution driven by AI that empowers risk managers to rapidly create or expand risk registers for GRC and ERM initiatives.

HAMILTON, Bermuda, & SAN FRANCISCO--(BUSINESS WIRE)--Meanwhile, the world’s first fully Bitcoin-denominated life insurance provider, today announced an update to its flagship Ten-Pay Whole Life policy, lowering the minimum from 1.0 BTC to 0.25 BTC. This right-sizing of the entry point reflects Bitcoin’s historic appreciation and ensures strategic alignment with the realities of today’s market. Bitcoin has surged from roughly $30,000 at the time of Meanwhile’s launch in 2023 to well over $100,00

LONDON--(BUSINESS WIRE)--CI&T, in collaboration with Reuters, has released new research highlighting the AI opportunity in the UK.

(NYSE:MUR) NEW YORK--(BUSINESS WIRE)--Instnt, the world’s first identity fraud loss insurance solution, is teaming up with its industry partners to host a live webinar, “Fraud Loss Insurance — What It Is and Why It Matters Now,” on Tuesday, Sept. 9, at 12:15 p.m. ET. Click here to reserve a spot. During the webinar, Instnt’s CEO, Sunil Madhu, will be joined by Carol Tyrell, EVP and Chief Underwriting Officer - Casualty with Accredited America, Ted Pine, Senior Business Development Manager with Munich Re’s

Only 4% of U.S. pets are insured—IPH aims to change that this National Pet Insurance Month by spotlighting the value of coverage for pet families NEW YORK, Sept. 4, 2025 /PRNewswire/ -- From dog yoga to surfing contests, Americans are embracing creative ways to bond with their pets. These...

(NYSE:MUI) Easy Fall Home Maintenance — From Trimming Trees to Elevating Valuables — Can Reduce Stress, Cut Expenses and Provide Peace of Mind LOS ANGELES, Sept. 4, 2025 /PRNewswire-PRWeb/ -- As cooler temperatures and the autumn season weather approaches, Mercury Insurance is encouraging homeowners...

(NYSE:MUR) Easy Fall Home Maintenance — From Trimming Trees to Elevating Valuables — Can Reduce Stress, Cut Expenses and Provide Peace of Mind LOS ANGELES, Sept. 4, 2025 /PRNewswire/ -- As cooler temperatures and the autumn season weather approaches, Mercury Insurance is encouraging homeowners to...