The most popular articles and news offered by Carrier Management.
Top Content
Progressive Is Biggest Auto Insurer, Surpassing State Farm: S&P GMI
The numbers aren't all in, but it looks like Progressive is now the biggest private passenger auto insurer, based on an analysis from S&P Global Market Intelligence that shows Progressive ...
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’
You'd have to roll back the calendar a few decades to find a time when competitive moves by the nation's biggest auto and home insurer were described with the phrase, "The big dog is off the porch." ...
Who Will Be California’s Next Insurance Commissioner?
The race for the California Insurance Commissioner post has drawn 11 candidates covering several parties, and backgrounds that include two insurance agents, a former broker, a state legislator and a ...
Insurance Data and the Complex Loops Redefining Casualty Risk
The world is evolving at a pace that outstrips traditional casualty models. Our understanding of risk, and the insurance data we rely on to quantify it, is increasingly ...
Rational Market? How About ‘Dumb’ and ‘Bizarre’?
Industry executives who described insurance and reinsurance markets as "rational" in the not-so-distant past are now using words like "dumb" and "bizarre" to characterize soft-market competitor moves ...
Details TBD: Berkshire’s Jain, Abel Describe Tokio Marine Strategic Pact
Some details of a long-sought-after partnership with Tokio Marine aren't precisely defined, instead relying on the good faith dealings and reputation of the Japanese insurance giant, Berkshire ...
Growth Going to be Hard: Abel Talks GEICO, Berkshire Tech Transformation
"It's not going to be easy to just restart the growth engine." Berkshire Hathaway Chief Executive Officer Greg Abel was referring to a challenge ahead of auto insurer GEICO during the annual meeting ...
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 ...
Tesla Premiums Soared in ’25; Loss Ratios 40 Pts. Worse Than Industry: Analysis
While auto insurance leaders reported premium growth percentages in the single digits last year, with sprinters like Progressive and Root up in the low-to-mid teens, premiums at Tesla's 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 ...
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 ...
The Insurance Affordability Squeeze: Why Auto Carriers Are at an Inflection Point
For many drivers, auto insurance has quietly become one of the fastest‑rising household expenses—one they can no longer absorb without trade‑offs.
While the cyber insurance market is seeing more capacity and increased competition, insurers are still battling with the challenge of increasing frequency and severity of ... The property/casualty insurance industry has made artificial intelligence a top strategic priority for three consecutive years. It has invested accordingly. And it has, ... The insurance industry has invested heavily in technology to improve the efficiency and thoroughness of claims operations. And it's working. AI and automation are ... The boards are asking. Investors are asking. The carrier C-suite is starting to ask: Where's the payoff? 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 ... American Family Insurance has launched a branded reality competition series, "Designed To Last," a first-of-its-kind show that reimagines how to think about protecting ... As artificial intelligence and automation become faster and more precise, insurance industry leaders are finding that the differentiator isn't just better technology but ... 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 ... As a carrier executive, you probably don't get excited at the thought of complying with regulations like the Own Risk Solvency Assessment, commonly known as ORSA. Judging by a slew of recent corporate announcements, your next "co-worker" might be an artificial intelligence agent – doing the work of an assistant, job scheduler, ... FLASH Weather AI has launched a new high-resolution hail prediction model that can give almost an hour of warning before a storm. FLASH's ... Meta is installing new tracking software on U.S.-based employees' computers to capture mouse movements, clicks and keystrokes for use in training its artificial-intelligence ...
The Race for California Insurance Commissioner: Meet Jane Kim
Democrat Jane Kim, an attorney and consumer advocate, served on San Francisco's Board of Supervisors from 2011 and 2019. She has also run for state Senate and for San Francisco mayor. Her plans ...
Executive View: AI Strategy in Insurance Requires Plug-and-Play Operating Model
The insurance industry is entering a phase of artificial intelligence (AI) adoption where the primary constraint is no longer capability. Most core use cases, including submission intake, ...
Cyber Insurance Market Faces Pressure as Claims Severity Climbs
Executive Viewpoint: One AI Won’t Save You
The Adjuster Role Is Changing, and Training Needs to Account for It
The Race for California Insurance Commissioner: Meet Merritt Farren
Republican Merritt Farren is a consumer advocate and attorney. Farren has more than 30 years of experience in business, technology and law. He has held senior roles in several big companies, ...
The Race for California Insurance Commissioner: Meet Patrick Wolff
Democrat and financial analyst, Patrick Wolff, built an auto and home insurance brokerage in 2001, and over the last 20-plus years, he's spent time analyzing insurance companies and insurance markets ...
10 Year Study Finds No Real Benefit to Common Knee Surgery
A widely performed knee procedure known as partial meniscectomy may not deliver the benefits many patients expect, according to a new study out of the University of Helsinki. In the 10-year clinical ...
NASA Satellite Images Highlight How Fast Mexico City Is Sinking
Mexico City is sinking by nearly 10 inches (about 25 centimeters) a year, according to new satellite imagery released this week by NASA, making it one of the world's fastest-subsiding metropolises. ...
Berkshire, Cyber Risk and the Strait of Hormuz: Insurability Hinges on Price
During the recent Berkshire Hathaway annual meeting, Chief Executive Officer Greg Abel told shareholders that the conglomerate's decisions on investments and acquisitions depend on several factors, ...
The Race for California Insurance Commissioner: Meet Stacy Korsgaden
Republican Stacy A. Korsgaden is an insurance agent. Korsgaden has held an active California Insurance license since 1988, and built a full-service insurance agency, servicing nearly 8,000 policies. ...
Insurance’s Data Problem Comes Into Focus at Hormuz
In recent weeks, the Strait of Hormuz has forced the marine insurance market into real-time decision making. War-risk premiums have moved by multiples in days. Notices of cancellation have triggered ...
Independent Agents Can Get Appointed to Sell Root Auto Insurance in One Day
Although InsurTech Root has talked more about embedded partners than agents in the years since announcing it would add an independent agency distribution channel, the car insurer has been working to ...
Automation Theater: Why Carrier AI Investments Aren’t Showing Up in the P&L
The Race for California Insurance Commissioner: Meet Ben Allen
Democratic State Senator Ben Allen has served as a member of the California state Senate since 2014. His plans include restoring a competitive insurance market, ensuring people are treated fairly ...
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 ...
Executive Viewpoint: Why Insurers Are Struggling to Keep Pace With Risk
‘Designed To Last’: American Family Launches Reality Competition Series on Hulu
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 ...
California Takes Action Against State Farm Over LA Wildfire Claims
Late last month, State Farm General Insurance Company announced enhanced commitments to customers impacted by the 2025 Los Angeles Wildfires, but the California homeowners insurer's actions were too ...
Analysis: Japanese and Korean Insurers to Accelerate M&As in the U.S. and Globally
Insurers in Japan and Korea have shown unprecedented demand for M&As and strategic investments overseas in the past few years, targeting opportunities in both developed and emerging markets. ...
Travelers to Expand Homeowners Insurance Offering in California
The Travelers Companies said it intends to expand its homeowners insurance offerings across California. Travelers notified the California Department of Insurance it intends to expand homeowners ...
The Race for California Insurance Commissioner: Meet Eduardo “Lalo” Vargas
Eduardo "Lalo" Vargas, running on as a Peace and Freedom party candidate, is a high school teacher, and he has been a volunteer firefighter and EMT. He was a candidate for The Los Angeles City ...
Balancing Authenticity and Compliance in Creator-Led Insurance Marketing
Most property and casualty insurers do not question whether creator-led marketing works. The issue is control. The format introduces something traditional advertising lacks: lived experience. A ...
Study Finds Potential for Double West Coast Earthquake Threat
New research suggests the Cascadia subduction zone and the San Andreas fault can "sync up," triggering earthquakes within minutes or hours of each other. This rare "synchronization" could ...
No, Florida Lawmakers Did Not Repeal the No-Fault Auto Insurance Law
Did you hear that Florida's 55-year-old "no-fault" auto insurance statute has been repealed? Most people in the Florida insurance industry probably know that is not true. But a number of recent ...
Arizona Sheriff Investigates Train/Truck Cargo Theft Associated With California-based Cartel
Arizona's Yavapai County Sheriff's deputies have responded to a string of high-tech cargo burglaries following two separate but similar incidents involving professional theft rings. YCSO, in ...
How Leaders Can Maintain Humanity in the Modern Insurance Era
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 ...
Arizona Brush Fire That Burned 1138 Acres 45% Contained
The Hazen Fire that began on the evening of May 2 near Buckeye, Arizona, has reportedly begun to be contained, according to an alert by the Western Fire Chiefs Association. Several fire departments ...
AI for the Defense: Should Insurers or Law Firms Pay?
How Your ORSA Can Be Retooled for a Competitive Advantage
New Study Suggests Federal Action to Cut Rising Insurance Costs
A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos, and businesses — and it proposes federal guardrails so that a public beset by ...
So, Your New ‘Co-worker’ Is an AI Agent – Here’s How to Make the Best of Your Human-Machine Relationship
‘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 ...
FLASH Weather AI Launches Hail Prediction Model
Meta to Capture Employee Mouse Moves, Keystrokes to Train AI: Reuters
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 ...