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Insurance

Coventry
Regional

Coventry Marks Life Insurance Awareness Month With $6B Value Milestone

September 28, 2025September 28, 2025 - by Timothy Alexander

FORT WASHINGTON, PA — Coventry, a leading force in the life settlement market, is marking Life Insurance Awareness Month by reaffirming its mission to make life insurance a more valuable …

Coventry Marks Life Insurance Awareness Month With $6B Value Milestone Read More

Recovery Centers of America
Regional

Recovery Centers of America Expands Optum Partnership to Improve Access to Addiction Treatment

September 10, 2025September 9, 2025 - by Timothy Alexander

KING OF PRUSSIA, PA — Recovery Centers of America (RCA) announced that three of its treatment facilities are now in-network with Optum, one of the nation’s largest health insurers, expanding …

Recovery Centers of America Expands Optum Partnership to Improve Access to Addiction Treatment Read More
Insurance Information Institute
Business

Motor Vehicle Tort Litigation Adds $42.8 Billion in Excess Costs, Triple-I Study Finds

September 10, 2025September 8, 2025 - by Timothy Alexander

MALVERN, PA — The Insurance Information Institute (Triple-I) released a new analysis estimating that motor vehicle tort cases filed between 2014 and 2023 generated $42.8 billion in excess litigation value …

Motor Vehicle Tort Litigation Adds $42.8 Billion in Excess Costs, Triple-I Study Finds Read More

Life Insurance Awareness Month
Personal Finance

Life Insurance: Protecting What Matters Most

August 28, 2025August 28, 2025 - by Joe Oliver

September is Life Insurance Awareness Month and the perfect time to consider whether you have adequate coverage to protect your loved ones. While no one likes to think about what …

Life Insurance: Protecting What Matters Most Read More
Funds
Pennsylvania

Pennsylvania Secures $200 Million in Long-Running JUA Legal Battle

August 15, 2025August 14, 2025 - by Maryann Pugh

HARRISBURG, PA — The Commonwealth of Pennsylvania has received $200 million following the conclusion of a years-long legal dispute between the Office of Attorney General and the Pennsylvania Professional Liability …

Pennsylvania Secures $200 Million in Long-Running JUA Legal Battle Read More

The Institutes RiskStream Collaborative
Business

RAPID X Recognized as 2025 Insurance Luminary for Claims Innovation

July 22, 2025July 21, 2025 - by Timothy Alexander

MALVERN, PA — RAPID X, the auto claims data exchange platform developed by The Institutes RiskStream Collaborative, has been named to PropertyCasualty360’s 2025 Insurance Luminaries in the category of Claims Innovation. …

RAPID X Recognized as 2025 Insurance Luminary for Claims Innovation Read More
Insurance Information Institute
Business

U.S. Lightning-Related Insurance Claims Drop in 2024

June 22, 2025June 21, 2025 - by Timothy Alexander

MALVERN, PA — U.S. insurers paid $1.04 billion in lightning-related homeowners insurance claims in 2024, a 16.5% decline from the $1.24 billion recorded in 2023, according to the Insurance Information …

U.S. Lightning-Related Insurance Claims Drop in 2024 Read More

Insurance Information Institute
Business

U.S. Personal Auto Insurance Industry Posts Strong 2024 Results Amid Ongoing Challenges

June 16, 2025June 15, 2025 - by Timothy Alexander

MALVERN, PA — The U.S. personal auto insurance industry achieved its best underwriting performance in years, reporting a net combined ratio of 95.3 in 2024, according to the latest Issues …

U.S. Personal Auto Insurance Industry Posts Strong 2024 Results Amid Ongoing Challenges Read More
Insurance Research Council
Business

Rising Homeowners Insurance Costs Create Challenges for U.S. Consumers

June 16, 2025June 15, 2025 - by Timothy Alexander

MALVERN, PA — Over the last two decades, the average cost of claims per insured home in the United States has risen faster than inflation, spurred by natural disasters, higher …

Rising Homeowners Insurance Costs Create Challenges for U.S. Consumers Read More
Insurance Information Institute
Business

Property/Casualty Insurance Industry Reports Best Performance in Over a Decade; Faces 2025 Challenges

May 22, 2025May 22, 2025 - by Timothy Alexander

MALVERN, PA — The U.S. property/casualty (P/C) insurance industry achieved its strongest underwriting results in more than a decade in 2024, closing the year with a net combined ratio (NCR) …

Property/Casualty Insurance Industry Reports Best Performance in Over a Decade; Faces 2025 Challenges Read More

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