Most consumers not sold on fully digital insurance experience – Insurity

Most consumers not sold on fully digital insurance experience – Insurity Customer attrition linked to unsatisfactory tech experiences and service gaps A report from Insurity indicates that while many insurers are increasing their investments in automation and self-service tools, only 15% of consumers prefer a fully self-service, digital-only insurance experience.   In its 2025 Digital […]
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Thousands Without Power in Houston After Strong Thunderstorms

Thousands in the Houston area are without power after hefty thunderstorms with 70-mile-per-hour winds, hail and lightning rolled in early Tuesday morning, downing power lines and shutting off electricity for more than 160,000 people.   A line of storms with more lightning, heavy downpour and gusty winds was expected to continue to head eastward into […]
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Third-party litigation funding fuels surge in legal advertisements – Triple-I

Third-party litigation funding fuels surge in legal advertisements – Triple-I   Market expansion triggers concerns over settlement delays and rising claim costs The Insurance Information Institute (Triple-I) released a new issues brief analyzing the rise in attorney advertising and the role of third-party litigation funding (TPLF) in shaping legal trends and insurance dynamics.   The […]
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How coverage gaps are undermining housing efforts

How coverage gaps are undermining housing efforts Rising premiums add new strain to homelessness response As homelessness in the United States continues to climb, the lack of affordable housing remains a key factor. While funding and zoning issues often dominate the conversation, non-profit housing providers are increasingly encountering another pressing challenge: rising insurance costs and […]
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AM Best Revises Outlook to Negative for Oklahoma Farm Bureau Mutual

AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICRs of “bbb+”(Good) for the members of the Oklahoma Farm Bureau Group: Oklahoma Farm Bureau Mutual Insurance Company and its wholly owned subsidiary, AgSecurity […]
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Florida’s personal property insurance posts first underwriting profit since 2016 – AM Best

Florida’s personal property insurance posts first underwriting profit since 2016 – AM Best New entrants, reforms, and lower litigation costs reshape insurer financial outcomes Florida’s personal property insurance market is undergoing a transition, with signs of stabilization after a period of volatility and sharp premium increases.   According to a report by AM Best, the […]
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Tesla Targets June 12 Launch of Robotaxi Service in Austin

Tesla Inc. is poised to begin its long-awaited robotaxi service in Austin on June 12, according to a person familiar with the matter, a milestone in Elon Musk’s plan to reshape the company around driverless vehicles and artificial intelligence. The previously unreported date was discussed internally and could still change, said the person, asking not […]
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