Carrier Management

2022 P/C Underwriting Loss Result of Inflation, Catastrophes: Triple-I/Milliman

2022 P/C Underwriting Loss Result of Inflation, Catastrophes: Triple-I/Milliman The 2022 property/casualty insurance industry saw a stark difference between the combined ratio of commercial lines at 94.8, while personal lines came in at 109.9. It was...

Posted: May 16, 2023

Hackers to Test AI Limits at Mass Event

Hackers to Test AI Limits at Mass Event No sooner did ChatGPT get unle...

Posted: May 16, 2023

Roots Automation Launches Generative AI Model for Insurance Market

Roots Automation Launches Generative AI Model for Insurance Market Roo...

Posted: May 16, 2023

Markel Corporation Changes Name to Markel Group Inc.

Markel Corporation Changes Name to Markel Group Inc. As of Friday, May 26, 2023, Markel Corporation announced it will be known as Markel Group Inc. The change provides greater definition around the nature of their holding company which the company .....

Posted: May 16, 2023

Seeing Differently with Aerial Imagery

Seeing Differently with Aerial Imagery To the average person, aerial imagery and satell...

Posted: May 16, 2023

Top Cyber Insurers: 2022 Ranking Reveals Sprinters, Market Share Shifts

Top Cyber Insurers: 2022 Ranking Reveals Sprinters, Market Share Shifts In a year when c...

Posted: May 15, 2023

AM Best: Only Two Impaired Insurers in ’22, Down From 10 in ’21

AM Best: Only Two Impaired Insurers in ’22, Down From 10 in ’21 Despite the reversal seen in the US equity market and rising inflation and interest rates, P/C insurers performed well in 2022, according to the latest report on the long-term impairment...

Posted: May 15, 2023

Company Could Face Showdown With Regulators in Refusal to Recall Air Bag Inflators

Company Could Face Showdown With Regulators in Refusal to Recall Air Bag Inflators A Tennessee company could be heading for a legal battle with U.S. auto safety regulators after refusing a request that millions of potentially dangerous air bag inflat...

Posted: May 15, 2023

Catalytic Theft Claims Triple in Two Years, Crime Bureau Report Finds

Catalytic Theft Claims Triple in Two Years, Crime Bureau Report Finds Insurance claims for...

Posted: May 15, 2023

NCCI: Workers Comp Premiums Dipped in ’22, What’s in Store for ’23

NCCI: Workers Comp Premiums Dipped in ’22, What’s in Store for ’23 2022 was anything but normal when it c...

Posted: May 13, 2023

Insurers Need to Enhance Human Interaction, Digital Options to Drive Consumer Satisfaction

Insurers Need to Enhance Human Inter...

Posted: May 12, 2023

The Latest Launches from Slice Labs, Arturo, Sunnova

The Latest Launches from Slice Labs, Arturo, Sunnova Slice Labs Inc., a techn...

Posted: May 11, 2023

NCCI: Workers Comp Premiums Dipped in 2022, What’s in Store for 2023

NCCI: Workers Comp Premiums Dipped in 2022, What’s in Store for 2023 2022 was anything but normal when it came to rate filings, according to the National Council on Compensation Insurance (NCCI). During its annual State of the Line report, the organi...

Posted: May 11, 2023

Facebook Fails in Bid to Get Cambridge Analytica Lawsuit Tossed

Facebook Fails in Bid to Get Cambridge Analytica Lawsuit Tossed A judge ruled Face...

Posted: May 11, 2023

Despite Security Fix Hyundai and Kia Thefts Keep Rising

Despite Security Fix Hyundai and Kia Thefts Keep Rising Nearly three months ago, Hyundai and Kia unveil...

Posted: May 11, 2023

Goosehead Insurance to Purchase Vivint Smart Home’s Insurance Book

Goosehead Insurance to Purchase Vivint Smart Home’s Insurance Book Goose...

Posted: May 11, 2023

Altria Agrees to $235M Settlement to Resolve Juul-Related Cases

Altria Agrees to $235M Settlement to Resolve Juul-Related Cases Altria Group Inc. said Wednesday that it will pay $...

Posted: May 11, 2023

Insurer vs. Broker: Court Rules Against WTW in D&O ‘Bump-Up’ Dispute

Insurer vs. Broker: Court Rules Against WTW in D&O ‘Bump-Up’ Dispute A judicial panel of the Fourth C...

Posted: May 11, 2023

AI, Ransomware, Tech Burnout Biggest Takeaways From RIMS’ Riskworld

AI, Ransomware, Tech Burnout Biggest Takeaways From RIMS’ Riskworld The 2023 RIMS' Ri...

Posted: May 11, 2023

LexisNexis: Auto Claim Severity Up 35% Over Pre-Pandemic Rates

LexisNexis: Auto Claim Severity Up 35% Over Pre-Pandemic Rate...

Posted: May 11, 2023

Executives on the Move at Chubb, QBE, Amwins, Ambac

Executives on the Move at Chubb, QBE, Amwins, Ambac Chubb appointed Mark Homan as division presid...

Posted: May 11, 2023

Workers Comp Market Sees Continued Growth: NCCI

Workers Comp Market Sees Continued Growth: NCCI Private carrier workers compensation premium continues to climb, according to an annual State of the Line Report released during NCCI's Annual Insights Symposium (AIS) 2023 on May 9 in Orlando, ...

Posted: May 10, 2023

Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary?

Lloyd’s Cyber War Exclusions: Confusing, Disrup...

Posted: May 10, 2023

Client, Reinsurer Expectations Were Better Aligned at April Renewals: Swiss Re

Client, Reinsurer Expectations Were Better Aligned at April Ren...

Posted: May 10, 2023

Twitter Beats Two Lawsuits Stemming From Mass Layoffs, for Now

Twitter Beats Two Lawsuits Stemming From Mass Layoffs, for Now A California fede...

Posted: May 10, 2023