Content from Chad Hemenway
WR Berkley Founder and Executive Chairman Dies at 80
W.R. Berkley Corp. said that on June 9 its founder and executive chairman William R. Berkley died at the age of 80. William R. Berkley founded the Greenwich, Connecticut-based commercial ...
D&O Market Expected to Tighten Under Pressure, Says AM Best
Analysts at insurance rating firm AM Best said there are "warning signs" for the directors & offers liability market, leading to shrinking underwriting margins and a tighter environment for ...
Verizon DBIR Says Software Vulnerabilities Aren’t Being Patched Quickly Enough
Hackers are still trying to trick people to exploit an organization's systems, but more breaches now start with software vulnerabilities. Stolen passwords, or credential abuse, are no longer the top ...
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI
Acrisure's CEO told employees that about 2,250 of them won't be with the company by the end of 2027. The Grand Rapids, Michigan-based global broker is planning to reduce its headcount by about 11%, ...
U.S. P/C Industry Underlying Growth Expected to Slow in 2026
The U.S. property/casualty insurance industry is expected to see underlying growth decrease 3.7% for the first half of 2026 as it deals with economic uncertainty. The industry grew 1.6% in 2025, but ...
U.S. Personal Lines Insurers Ask for Less Rate After Period of Catch-Up
It appears as though auto and home insurers have caught up, appropriately matching premium to risk in their portfolios. According to a new report from insurance industry rating agency AM Best, rate ...It’s a Good Thing? Martha Stewart to Get Into Home Insurance With Hint
Hint, a self-described "home management platform," has launched with a $10 million seed round of funding and the original influencer of all things having to do with the home living. Well-known ...
Root Inc. Opens 2026 With Best Quarterly Net Income Ever at Nearly $36M
Root Inc. reported a first-quarter 2026 net income of $35.9 million—the best quarterly result in the company's history—compared with net income of $18.4 million for the same period in 2025. In a ...