Commercial Lines
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut
Days after announcing a deal to equip 10,000 engineers and data scientists at Travelers with AI assistants, the insurance company's leader detailed "differentiating domain expertise" around data and ...
Update: Beazley Rejects Zurich Insurance’s £7.7 Billion Takeover Bid
Beazley Plc has rejected Zurich Insurance Group AG's £7.7 billion ($10.3 billion) takeover approach, the latest twist in the Swiss giant's attempt to acquire the UK specialty insurer. London-listed ...
Zurich Makes £7.7 Billion Bid for UK Cyber Insurer Beazley
Zurich Insurance Group AG has made an offer to buy Beazley Plc, valuing the UK-listed cyber insurer at about £7.67 billion ($10.3 billion). The Swiss insurer offered to buy London-based Beazley at ...
AI Is the Biggest Mover on Allianz Risk Barometer; Cyber Takes Top Spot for Fifth Year
Cyber once again ranked as the top global risk in 2026, according to the latest Allianz Risk Barometer, coming in No. 1 in every region and across all company ...
Experian: AI Agents Could Overtake Human Error as Major Cause of Data Breaches
Artificial intelligence continues to be at the center of Experian's annual breach forecast for 2026, with the scope, frequency and cost of cyber incidents heavily influenced by the technology. AI ...
10 Highest Class-Action Settlements in 2025 Eclipsed $70B Total: Duane Morris
The value of the 10 highest class-action settlements in 2025 exceeded $70 billion for the first time ever. In fact, the total was nearer to $80 billion across all areas of litigation, according to ...
Good Times for U.S. P/C Insurers May Not Last; Auto Challenges Ahead
In their latest report on the U.S. auto insurance market, analysts from S&P Global Market Intelligence predict the strongest overall U.S. property/casualty insurance underwriting results in 18 ...
California Workers Comp Combined Ratio for 2024 Highest in 20-Plus Years
After three consecutive accident years with relatively stable loss ratios, the projected loss and allocated loss adjustment expense ratio for California's workers compensation market for accident ...
Justice Department Using Fraud Law to Target Companies on DEI, WSJ Reports
The Trump administration has launched investigations into the use of diversity initiatives in hiring and promotion at major U.S. companies, the Wall Street Journal ...