Content from Chad Hemenway
Homeowners Insurance Market Reaches ‘Fragmented Phase,’ Says S&P GMI
New research from S&P Global Market Intelligence looks to suggest that homeowners insurers are reaching rate adequacy, but certain marketplace factors are creating what it called a "fragmented ...
New AIG CEO Andersen Talks Marketplace ‘Pass-Throughs,’ Opportunity
Eric Andersen, new CEO of American International Group (AIG), offered an in-depth view of the company during his first earnings call at the helm, referring to opportunities within current marketplace ...
As Wildfires Destroy and Displace, APCIA Says Congress Must Pass Fix Our Forests Act
Wildfires have again become a major headline as about 10% of the population of Spokane, Washington has been ordered to leave their homes, and hundreds of structures have been destroyed. As of Aug. 9, ...
American Family to Acquire Bowhead Specialty in $1.2B Cash Deal
American Family Mutual Insurance Co. has agreed to buy all outstanding shares of specialty insurer Bowhead Specialty Holdings Inc. for about $1.2 billion in cash. Under the terms of the transaction, ...
Bill to Curb Staged Accidents Introduced in Senate
The industry trades have come out to support the latest effort on Capitol Hill to thwart staged accidents. Sen. Ashley Moody on July 22 introduced the Staged Accident Fraud Prevention Act. About a ...
Berry Producer Driscoll’s Sued Over Alleged Use of Forever Chemicals
The world's largest berry company will have to face a class-action lawsuit for supposed "greenwashing" after it allegedly failed to disclose the risk or use of pesticides containing what are known as ...
Deja Vu as Berkley Calls Out MGUs During Quarterly Call
W.R. Berkley's CEO wasted no time addressing the issue that has been stuck in his craw for at least a year. "We continue to have great concern around much of the MGU [managing general underwriter] ...
Chubb Q2 Net Down 3.8%; Large E&S Property ‘Overly Soft’: CEO
Second-quarter 2026 net income at insurer Chubb was down 3.8% compared to the same period in 2025 to about $2.85 billion, with property/casualty underwriting income up 18.8% to about $1.9 billion. ...