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Is Commercial Auto Having Its ‘Sprinkler Moment’?
The commercial auto insurance industry may be approaching a tipping point, and dashcams are at the center of it. Telematics-based safety programs are increasingly ...
‘Too Much Space,’ Says State Farm CEO on Shuttering Corporate HQ
State Farm will be moving 13,000 of its 62,000 employees who now work in its Corporate Headquarters and the Illinois Operations Center in Bloomington, Ill., to another location— Corporate ...
Hacked Hospitals, Hidden Spyware: Iran Conflict Shows Digital Fight in Warfare
As they fled an Iranian missile strike, some Israelis with Android phones received a text offering a link to real-time information about bomb shelters. But instead of a helpful app, the link ...
Four Moves That Will Keep Midsize Mutuals Competitive
Mutual insurers have always done something the industry at-large can't: They've put discipline and policyholder trust at the center of the business.
Discussion in the insurance industry has often centered on whether AI will replace people, but the more pertinent question is how it is changing broking and underwriting ... As more insurers integrate aerial imagery into underwriting, rating and claims workflows, state insurance departments are responding with a growing body of guidance. ... Insurers have built an industry around models that are inherently stable. You assess risk over time, price it in cycles and adjust it with a degree of ... Advances in AI, especially Gen AI and Agentic AI, are creating significant opportunities but also sharpening a critical question for insurers: just because a process can ... The idea that AI tools can help plaintiffs' lawyers to improve finely tuned litigation strategies that ultimately drive insurance company claims payouts is not new to ... Research estimates the accumulated cost of deferred maintenance across U.S. public infrastructure alone at $1 trillion. That figure captures only what governments own and ... A 1-in-100-year hurricane event in New York City could cost insurers more than $100 billion, according to an analysis by Karen Clark & Co (KCC). And a 1-in-250-year ... The final tally for the 2025 North Atlantic hurricane season ended up including eight tropical storms, one category 4 hurricane (Gabrielle) and three category 5 ... We live in risky times. War with Iran, the ongoing conflict between Russia and Ukraine, Mexican cartels—global tensions are at an all-time high. The Department of State ... Could a market that facilitates millions in wagers on how many times Vice President JD Vance claps during a State of the Union address, or whether Elon Musk will finally ... Merritt Farren, a former high-ranking legal executive at Disneyland and Amazon, has launched a bid to become California's next insurance commissioner. His platform ... Growth has returned to the boardroom agenda for insurers, but this time under far less forgiving conditions. Softening property and ... The insurance and reinsurance industry is facing a sustained increase in catastrophic and location‑based risks from extreme weather and natural catastrophes to ... Meta shut down internal research into the mental health effects of Facebook after finding causal evidence that its products harmed users' mental health, according to unredacted ... What if your car insurance reflected how you actually drive, not just who you are? That question is no longer hypothetical. Runaway jury awards, known as Nuclear Verdicts®, have been an escalating problem for years. By our count, between 2023 and 2025, American juries awarded over $71 billion ...
Executive Viewpoint: How AI Is Changing the Role of the Insurance Broker
State Farm Paid a ‘Hail’ of a Lot of Claims in 2025
Providing its annual report of hail-related claims, State Farm said that it paid out $5.6 billion nationally for such claims in 2025, and $1.4 billion in Texas alone. The giant insurer's report on ...
More Insurance M&A Deals on the Horizon?
Two firms tracking mergers and acquisitions in the insurance industry reported changes in property/casualty insurance deals last year, with one describing "increased momentum" and another ...
U.S. E&S Growth Slows Again; Declining Berkshire Volume Tops Leaders
A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 7.8% in 2025, marking the first single-digit growth rate ...
Allstate Joins Mobile Insurance App Leader GEICO; Top Carriers Expand Telematics Services: Keynova
Keynova Group, a competitive intelligence firm that benchmarks consumer financial services, including insurance, announced that Allstate now ties with GEICO for the distinction of having the top ...
Using Aerial Imagery in Insurance and Related AI: Emerging Regulatory Themes
Executive Viewpoint: Why Insurers Are Struggling to Keep Pace With Risk
How Insurance Leaders Can Leverage AI Without Sacrificing Trust
Reinsurers Least Successful Acquirers in Industry M&A: Analysis
A recently released analysis of insurance carrier and reinsurer mergers and acquisitions finds that 75% of recent deals featuring reinsurers and multiline insurers as buyers destroyed value for ...
AI for the Defense: Should Insurers or Law Firms Pay?
How Insurance Can Turn Maintenance Into Measurable Competitive Advantage
100-Year Hurricane in NYC Could Cost Insurers More Than $100B: KCC
Deep or Shallow? Previewing the 2026 Soft Market
An impending soft market doesn't necessarily mean that last year's stunning profits for the property/casualty insurance industry are going to vanish in 2026, according to a research analysis who ...
Are ‘Moderate’ Hurricanes Getting Squeezed Out of the North Atlantic?
Safety System Failed to Prevent Deadly Runway Collision at LaGuardia Airport
The systems in place at New York's LaGuardia Airport to prevent ground collisions failed to keep an Air Canada jet from smashing into a fire truck that had just pulled out on the runway as the plane ...
P/C Industry Loss Reserves Redundant by More Than $20B: Assured Research
The year-end 2025 carried loss reserve position for the property/casualty insurance industry is more than $20 billion redundant, according to a loss reserve analysis published this week by Assured ...
Liberty Mutual ‘Shifting from Fixing to Building’ in 2026, CEO Says
Liberty Mutual's underwriting results across its businesses came in ahead of targets the company set three years ago when the business was unprofitable, the chief executive reported yesterday, also ...
Traveling for Business? Don’t Forget to Pack Your Emergency Preparedness Plan
Analysis: California’s Surplus Lines HO Market Driven by Access, Not Wildfire Risk
It's been more than two years since I wrote an analysis based on Surplus Line Association of California insight and data for an Insurance Journal article that the state's homeowners insurance market ...
2025 Claim Volumes Drop but Complex Risks Intensify: Verisk Analysis
Lower claims volume in 2025 masks shifting risks from emerging trends, wildfires and targeted auto theft, according to Verisk, a data analytics and tech provider to the global insurance market. ...
More Than a Dozen U.S. States Consider Temporary Data Center Bans
Maine lawmakers have approved a bill potentially making it the first U.S. state to impose a moratorium on new data centers, a move seen as a test case amid growing local opposition to large ...
Vehicle Customization, Strong Used Car Market Create Headache for Auto Underwriters
The sheer number of vehicles with unique configurations, along with a volatile used car market, is disrupting accurate insurance valuation and cutting into insurer profits, according to a new report ...
Predicting the Insurability of Prediction Markets
Owner, Operator of Ship That Crashed Into Baltimore’s Key Bridge Settles With State for $350M
Maryland has settled with the owner and operator of the massive cargo ship that crashed into a Baltimore bridge two years ago, causing its deadly collapse, state officials announced Thursday. The ...
Farmers Insurance Plans Historic, Rapid Expansion of Agency Force
Farmers Insurance has announced a plan to grow its agency force over the next year, and expects to appoint nearly 1,700 new agency owners—one of the largest single-year expansions in Farmers' ...
State Farm Inked $1.5B Underwriting Profit for 2025; HO Loss Persists
State Farm reported an underwriting gain of $1.5 billion for its property/casualty businesses in 2025, representing a turnaround from an underwriting loss of more than $6 billion in 2024—and more ...
Reinsurance Program Could Wipe Out Need for Calif. FAIR Plan: Legal Exec
From Volatility to Value: How Carriers Can Build Durable Growth
How Insurers Are Using AI to Manage Rising Catastrophic and Accumulation Risk
Hail a Growing Loss Driver on Rising Tide of Severe Convective Storms, Allianz Says
Hailstorms drove record insured damages as severe convective storms are becoming more common and damaging, popping up in new places—and even storms producing small hailstones are posing unforeseen ...
Insurers Using Advanced Analytics and AI See Strong Returns: Report
A new survey finds that property and casualty (P&C) insurers in North America and Canada that invested more resources in advanced analytics and AI achieved greater profitability and premium ...
NY Lawmakers Urged to Have Faith in Auto Insurance Reform Numbers. But Do They?
New York small businesses, big businesses, rideshare companies, police and fire unions, insurers, insurance agents, truckers, bus companies, auto repair shops, university professors, district ...
Meta Buried ‘Causal’ Evidence of Social Media Harm, Court Filings Allege
IBHS Wildfire Prepared Program Expands to 10 More States
Fourteen — that's the total number of states that will now have access to the Insurance Institute for Business & Home Safety's Wildfire Prepared designation program.
Rebuilding Negotiation Talent: Why This Skill Is Missing and How to Fix It
Negotiation determines the outcome of nearly every litigated claim in our industry, yet it remains one of the least systematically developed skills inside many claims and defense organizations. After ...
Verisk, APCIA See ‘Reset’ Rather Than New Normal in Stellar ’25 Results
In a joint report of U.S. property/casualty insurance industry financial results yesterday, Verisk and the American Property Casualty Insurance Association revealed the same eye-popping level of ...
Devastating Hawaii Kona Storms Cause Estimated $1B in Losses
Hawaii's multi-day storm event last month resulted in swaths of heavy rain totaling up to 25 inches in some areas, according to analysis by Marsh's Guy Carpenter. Subtropical weather systems, known ...
Damage Still Being Assessed After Wisconsin Storms, Tornadoes
The strong storms that stranded cars and caused structural damage to at least 75 homes in Wisconsin last Friday were caused by several tornadoes, according to a preliminary report by the National ...
Berkshire-owned PacifiCorp Utility Ruling Win Could Reduce Oregon Wildfire Damages
An Oregon appeals court on Wednesday ruled in favor of PacifiCorp in litigation over a series of Oregon wildfires in 2020, saying a trial judge erred in letting the case against the Berkshire ...
Telematics and Trust: How Usage-Based Insurance Is Transforming Auto Coverage
KitKat Maker Says No Holiday Impact Despite 12 Ton Stolen Shipment
Those celebrating Easter won't have to worry about a shortage of KitKat bars despite the theft of a truck transporting 413,793 units in Europe. The shipment of special F1 bars, weighing an estimated ...
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model
Alternative investment managers are pouring unprecedented sums of money into the market for property cover, and reshaping a 180-year-old reinsurance model in the process. Allocations to catastrophe ...
AM Best Analysis: P/C Industry Soared in 2025. Will It Fly as High in 2026?
Building off momentum from the previous year, the U.S. property/casualty (P/C) industry recorded a $61 billion underwriting gain in 2025—nearly triple the $22 billion recorded in 2024. With nearly ...
Four Practical, Data-Backed Steps for Preventing Nuclear Verdicts®
Senator’s Probe Reveals Lack of Transparency in Remote Assistance Use in Self-Driving Cars
A new report published by Senator Edward J. Markey (D-Mass.), a member of the Commerce, Science, and Transportation Committee, highlights troubling information when it comes to autonomous vehicles on ...
Liberty Mutual Announces Leadership Restructuring for CRS and LMI
Liberty Mutual announced a new leadership structure across the company's Global Risk Solutions (GRS) and Liberty Mutual Investments (LMI) businesses late last week, appointing Vlad Barbalat president ...