Market Insights

The volume of insurance-carrier lawsuits is down in the Sunshine State.

The P&C sector saw the most activity during Q1 2024 with a total of 106 deals, according to Optis Partners.

Higher costs for live events coupled with risk-averse consumers mean ticketing platforms are eager for insurance partners.

Fewer than half of industry execs consider their companies 'advanced' in the main areas of business evolution.

Data from Insurity's 2024 AI in Insurance Report show consumers are against AI in underwriting and claims management.

The sector's gross written premiums have been growing by 20%-30% annually since 2020.

State Farm currently holds around 8.7% of all home insurance policies in California.

Eight property and casualty insurers have recently been approved to enter the Florida market.