News
Kin launches auto insurance for Florida and Texas customers - Reinsurance News
10+ hour, 35+ min ago (348+ words) 26th January 2026 - Author: Kassandra Jimenez-Sanchez - Kin, a digital home and auto insurance provider, has launched an auto insurance for its Florida and Texas home insurance customers, a move that allows those living in two of the most volatile US insurance markets…...
Fairness, accuracy & human empathy key as Gen AI transforms customer-insurer interaction: GA - Reinsurance News
2+ mon, 6+ day ago (791+ words) 20th November 2025 - Author: Kassandra Jimenez-Sanchez - Generative AI (Gen AI) is rapidly transforming the insurance customer journey, but its successful adoption will depend on insurers addressing core customer concerns around privacy, accuracy, and the loss of human connection, a new report by…...
ADAS technology to have significant impact on auto insurance industry: Evercore ISI - Reinsurance News
3+ mon, 2+ week ago (640+ words) 7th October 2025 - Author: Kassandra Jimenez-Sanchez - Advanced Driver-Assistance Systems (ADAS) are expected to have a significant impact on the auto insurance industry, driving near-term frequency changes to the sector, although, autonomous could have greater ramifications longer-term, according to a recent Evercore ISI....
US commercial auto insurance losses continue to mount: AM Best - Reinsurance News
4+ mon, 11+ hour ago (619+ words) 26th September 2025 - Author: Kassandra Jimenez-Sanchez - The overall property and casualty (P&C) industry continues to be negatively impacted by the US commercial auto insurance sector, having accumulated over $10 billion in net underwriting losses in the last two years, according to a new…...
Commercial auto insurance faces 13th year of underwriting losses in 2025: Conning - Reinsurance News
4+ mon, 1+ day ago (350+ words) 25th September 2025 - Author: Taylor Mixides - Conning, an investment management firm that also provides insurance research and strategic insights, has released its latest study, 2025: Commercial Auto Insurance Market " Challenges and Opportunities. The report delivers a thorough assessment of one of the most…...
Mercury Insurance to support Safeco customers as Liberty Mutual adjusts California strategy - Reinsurance News
5+ mon, 2+ week ago (381+ words) 7th August 2025 - Author: Taylor Mixides - Mercury Insurance, a provider of auto and home insurance based in California, is partnering with Liberty Mutual Insurance, a property and casualty insurer, to help safeguard coverage for thousands of California policyholders. The collaboration comes in…...
Canadian Personal Auto & Property premium rates continued to rise in Q2’25 - Reinsurance News
6+ mon, 1+ day ago (285+ words) 25th July 2025 - Author: Beth Musselwhite - Applied Systems has released the second quarter of 2025 results of the Applied Rating Index, the Canadian insurance industry's premium rate index, showing year-over-year and quarter-over-quarter increases in average premium rate changes for both Personal Auto and…...
Global insurance rates continue to decline as competition among insurers grows, says Marsh - Reinsurance News
6+ mon, 2+ day ago (366+ words) 24th July 2025 - Author: Taylor Mixides - Global commercial insurance pricing dropped by an average of 4% in the second quarter of 2025, according to the latest Global Insurance Market Index from Marsh, an insurance broker and risk advisor and a business of Marsh McLennan....
US tariffs set to slow global economy and insurance premium growth: Swiss Re Institute - Reinsurance News
6+ mon, 2+ week ago (713+ words) 9th July 2025 - Author: Kassandra Jimenez-Sanchez - US tariff policy reduces trade and heightens uncertainty, decelerating both economic and insurance premium growth around the world, a recent Swiss Re report has revealed. While current economic data may not yet fully reflect it, consumers…...
Personal auto drives major recovery in US P&C underwriting for 2024: AM Best - Reinsurance News
6+ mon, 4+ week ago (492+ words) 27th June 2025 - Author: Taylor Mixides - The US property and casualty (P&C) insurance sector experienced a significant recovery in 2024, according to AM Best, the credit rating agency. In its latest report, AM Best highlights a $31 billion improvement in the personal auto line…...