Industry News
It’s a Good Thing? Martha Stewart to Get Into Home Insurance With Hint
Hint, a self-described "home management platform," has launched with a $10 million seed round of funding and the original influencer of all things having to do with the home living. Well-known ...
NICB Warns of Rising Contractor Fraud During Awareness Week
To recognize the sixth annual Contractor Fraud Awareness Week held between May 18 and 22, the National Insurance Crime Bureau is reminding homeowners and businesses to remain vigilant about the ...
Progressive Is Biggest Auto Insurer, Surpassing State Farm: S&P GMI
The numbers aren't all in, but it looks like Progressive is now the biggest private passenger auto insurer, based on an analysis from S&P Global Market Intelligence that shows Progressive ...
Florida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market
The cost of a surplus-lines homeowners policy in Florida is now about the same as admitted-market HO policies, reflecting the growing trend for excess and surplus firms across the state and beyond, ...
NCCI: Workers Comp Calendar Year Combined Ratio at 91; Accident Year CR 102
U.S. workers compensation net written premium decreased 0.2% in 2025, according to the National Council on Compensation Insurance (NCCI). NCCI reported that while the calendar year 2025 combined ...
Hedge Funds Make Their Move as Litigation Finance Assets Slump
A losing streak in litigation finance is attracting hedge funds and other alternative investment managers looking to invest in legal claims at distressed valuations, according to people familiar with ...
For Carriers, AI Can Now Mean Hyper-Personalized Customer Service, Leaders Say
The future of property/casualty insurance is here and it looks a lot like … a devoted personal assistant for the policyholder, one that moves at lightning speed and never complains or takes a day ...
FLASH Weather AI Launches Hail Prediction Model
FLASH Weather AI has launched a new high-resolution hail prediction model that can give almost an hour of warning before a storm. FLASH's 1-Hour Hail Swath Prediction Model is a deep-learning system ...