Industry News
E&S Insurer Ategrity Files for IPO
New York-based Ategrity Specialty Insurance Co., a national specialty property/casualty insurer focused on the excess and surplus (E&S) lines market, has filed with the Securities and Exchange ...
State Farm Wins Dismissal of Homeowners’ Class Action Over Use of Xactimate Software
A federal judge has dismissed a proposed class action filed on behalf of Pennsylvania homeowners who believe that State Farm undervalued their property damage claims in its use of the Xactimate ...
Fla. House Subcommittees Vote to Repeal PIP Law, Pass Two Other Insurance Bills
The Florida House subcommittee on insurance advanced two hotly debated bills Thursday, one supported by insurance agents but another that was opposed by agents and carriers alike. And another ...
NAIC, Legislators Push to Abolish the Federal Insurance Office
Last week, the National Association of Insurance Commissioners announced its agenda for 2025, including the call to eliminate the U.S. Treasury's Federal Insurance Office. This comes on the heels of ...
Unusually Active Hurricane Season in Store for the Atlantic: AccuWeather
Another above-average hurricane season will threaten the Atlantic this year, with as many as six storms affecting the US, AccuWeather Inc. said. Between 13 and 18 storms will at least reach tropical ...
ZestyAI: More Than $2 Trillion in U.S. Homes at High Risk of Wildfires
While Western wildfires have dominated disaster news for decades, new analysis using artificial intelligence shows millions of homes across the country—even in the swampy Southeast—are at risk ...
States’ AI-Related Legislation Aimed at Insurance Is ‘Unfounded,’ Says NAMIC
Policy discussions on the use of artificial intelligence in insurance are "unfounded" and "detrimental to policyholders," according to an analysis from the National Association of Mutual Insurance ...
Everest Group Chair Taranto to Retire, Graf to Succeed
Everest Group, Ltd. announced that Joseph V. Taranto, current board chair, will retire from the role when his term expires in May. Taranto has served as chairman of ...
