Underwriting
Mythos Proportions
In late March, rumors of a new Anthropic Claude AI model called Mythos triggered a sudden sell-off in cybersecurity stocks. Panic mounted weeks later when the company confirmed that the software was ...
Making Decisions Under Pressure in Complex Risk Environments
Insurance leaders say today's risk environment is creating challenges that are more difficult to predict than ever before. This is leading insurers to rethink how they assess risk and make the right ...
A $10.5 Trillion Cyber Problem: Whose Risk Is It Anyway?
Does an estimated $10.5 trillion in damage costs related to cyber crime around the globe really represent an opportunity that the insurance industry should be tackling? The question came up during ...
U.S. P/C Insurers Post Biggest Q1 Underwriting Profit in 25 Years
The U.S. property/casualty insurance industry posted another record in the first quarter of 2026, with a combined ratio of 89.5—before policyholder dividends—standing as the best first-quarter ...
Executive Viewpoint: What Telematics Got Wrong and What It Means for Commercial Auto
In 2012, I joined Direct Line Group's motor team to help build a telematics insurance product. The idea was simple: use real driving data to move beyond crude proxies—age, postcode, ...
Why and How Homeowners Underwriting Must Change
Excellence in homeowners insurance requires sophisticated risk management, but today's industry environment is testing the limits of traditional underwriting approaches. Weather events are occurring ...
Farmers Insurance in California: HO Rates Up 1.5%; Bundlers Get 22% Discount
Farmers Insurance announced yesterday that the California Department of Insurance has approved the insurer's introduction of a new homeowners insurance rating plan, including elements from Insurance ...
Severe Convective Storm Losses Surge
Severe convective storms (SCS) were once referred to by the insurance market as a secondary peril. This classification has since changed to "frequency peril," as in recent years they drove over $50 ...