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News
ALIRT reveals contrasting residual property insurance trends across four high-risk US states
13+ hour, 4+ min ago (556+ words) 7th August 2026 - Author: Taylor Mixides - ALIRT Insurance Research, a US insurance research and analytics firm focused on the property and casualty sector, has released a new report highlighting widening differences in the performance of residual property insurance markets across California, Florida,…...
Allstate trims Florida cat reinsurance protection at mid-year renewal
1+ day, 15+ hour ago (596+ words) 6th August 2026 - Author: Luke Gallin - Allstate, a US primary insurance company, opted to reduce the amount of protection for its Florida excess catastrophe reinsurance tower at its mid-year renewal, while the carrier renewed numerous other contracts with some slight adjustments. Last…...
AM Best expects 'considerable' insured losses from Spokane-area wildfires
1+ day, 18+ hour ago (276+ words) 6th August 2026 - Author: Kane Wells - A new AM Best report has suggested that the areas in and around Spokane, Washington, will suffer “considerable insured losses” from ongoing wind and fire damage, although it is too early to accurately estimate the magnitude…...
Ceres supports California proposal on long-term insurance solvency planning
3+ day, 16+ hour ago (143+ words) 4th August 2026 - Author: Taylor Mixides - In a comment letter submitted to the California Department of Insurance, Ceres said the proposed Long-Term Solvency Planning Regulation would strengthen oversight of the state’s insurance sector while bringing it into line with solvency and transition-planning…...
Kin launches two new coverage options for California homeowners
1+ week, 1+ day ago (536+ words) 30th July 2026 - Author: Kassandra Jimenez-Sanchez - Unlike other insurers who pulled back or exited California following catastrophic wildfire losses – leaving over 684,000 Californians relying on the California FAIR Plan – Kin is moving in the other direction. The company expanded to help California homeowners…...
LexisNexis Risk Solutions reports shifting trends in US home insurance claims
2+ week, 17+ hour ago (684+ words) 24th July 2026 - Author: Taylor Mixides - LexisNexis Risk Solutions, a provider of data, analytics and technology services for the insurance, financial services, healthcare and public sectors, has published its 2026 US Home Trends Report, outlining the latest developments in the US home insurance…...
Bamboo Insurance adds California home insurance capacity through New MS Transverse partnership
2+ week, 3+ day ago (478+ words) 21st July 2026 - Author: Taylor Mixides - Bamboo Insurance, a property insurance provider specialising in coverage solutions for challenging markets, has announced a new partnership with MS Transverse Insurance Company to increase its admitted homeowners and dwelling fire insurance capacity across California. The…...
Travelers renews Northeast property cat XoL on unchanged terms, drops Personal Insurance treaty at July 1
3+ week, 16+ hour ago (407+ words) 17th July 2026 - Author: Luke Gallin - US primary insurer Travelers’ Northeast Property Catastrophe Excess-of-Loss Reinsurance Treaty renewal at July 1st 2026 is unchanged from the prior year in terms of coverage and retention, while the carrier decided not to renew its Personal Insurance Catastrophe…...
Starwind Specialty's new program to address high-value homes’ unique risk profiles
4+ week, 1+ day ago (181+ words) 9th July 2026 - Author: Kassandra Jimenez-Sanchez - Starwind Specialty Insurance Services, a CRC Group company, has launched Starwind High Value Homes, a new underwriting management program specialising in insurance solutions for high-value residential properties. The Starwind High Value Homes program has been designed…...
Travelers launches proprietary LLM tailored to property casualty business
1+ mon, 5+ day ago (229+ words) 2nd July 2026 - Author: Beth Musselwhite - The Travelers Companies, Inc., a provider of property and casualty insurance for auto, home and business, has developed TravelersLLM, a proprietary large language model tailored to its property and casualty business. Trained on millions of company…...