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The 12th New Property Insurer, Apex Star Reciprocal, Enters Florida Market

Apr 8 2025 // Florida’s insurance commissioner on Monday announced another entry into the warming waters of the Florida property-casualty market – the 12th new insurer in the last two years.Apex Star Reciprocal Exchange is part...

Hedge Funds Hunt Deals in Risk Scenarios Too Costly for Insurers

Apr 7 2025 // As Los Angeles residents digested the apocalyptic scene left by wildfires earlier this year, the stage was simultaneously being set for hedge funds to pursue market-beating returns fanned by climate change.The investment...

JD Power: Customers Not Happy With Carrier Property Claims Service

Apr 7 2025 // Higher premiums and longer wait times make property owners less satisfied with their insurers.These not-very-surprising results from J.D. Power’s 2025 U.S. Property Claims Satisfaction Study align with today’s...

Risk Digitization Top Tech Priority for US Insurers

Apr 4 2025 // Risk digitization was cited as the primary technology priority for revenue growth in a recent study from insurtech Cytora.Cytora surveyed 200 senior leaders from global insurance firms and found that 76% of respondents saw...

Future of Auto Insurance: OEM-Insurer Ties Could Boost Profits, Loyalty

Apr 3 2025 // The fragmented auto insurance customer experience is set for disruption, according to a new report by Deloitte.The report, “Reinventing the insurance customer experience for loyalty,” highlights how...

Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube

Apr 2 2025 // Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output.“This...

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