The envelope please… And the 16th California Golden Fleece® Award goes to… But first, some context and history. California is in the throes of a self-imposed insurance crisis, with homeowners facing selling because they can’t get insurance. And elected politicians...

Urbana-based Carle Health is laying off 612 workers as it winds down two of its subsidiary health insurance companies. Carle Health – a system that includes eight hospitals in central Illinois – announced earlier this year that its insurance...

Mitsui Direct Accelerates Transformation of Claims Operations by Migrating to Guidewire Cloud Platform Guidewire announced that Mitsui Direct General Insurance Co., Ltd. (hereinafter "Mitsui Direct"), a direct-channel non-life insurance company and member of the MS&AD Insurance Group, selected Guidewire...

After the housing market was transformed first by record-low mortgage rates, then by inflation and cooling demand, real estate is going through yet another transformation. This time, it’s driven by rising home insurance premiums.In regions at a high...

Tesla Insurance Faces Challenges Amid Rising Losses and Customer Concerns Tesla’s insurance business is facing significant headwinds as recent data reveals the company’s loss ratio exceeds industry averages, raising...