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Not So Stable: AM Best Analyzes Commercial Segment’s Casualty Lines
Heading into 2024, AM Best maintained a stable outlook on the overall U.S. commercial lines sector. This was based on our expectation that the segment as a whole will remain profitable and resilient ...
Insurers’ Advertising Spending in Reverse, But for How Long?
You probably know them well: the GEICO Gecko, Flo from Progressive, the Liberty Mutual Emu, Allstate's Mayhem, Jake from State Farm. In a nearly $800 billion dollar industry, with nearly half of it ...
How Legal Finance Adds Value to Judgment Preservation Insurance
Successful litigants holding trial-court judgments have traditionally found themselves positioned similarly to mountaineers atop Mount Everest: After a long, brutal and costly ascent to the summit, ...
How Loggerhead Moved to Snap Up 110,000+ Progressive Policies in Florida
In early 2021, former executives with the Auto Club Insurance Co. of Florida, affiliated with AAA, decided to form a new property insurance company in Florida — even before state lawmakers made ...
No Sugarcoating: Availability Before Affordability, Calif. Regulator Says
If the old adage "As California goes, so goes the nation" is true, then 2024 will be another year of industry retooling as insurers and regulators set a path for the future of the U.S. P/C property ...
More Editor’s Picks: Beyond Personal Lines—and California
Carrier Management's editor picked the California property insurance market crisis at the top story of 2023, told in a series of articles in our third-quarter magazine and through additional articles ...
Saying Goodbye to 2023: When Will California’s Insurance Crisis End?
"Sorry, America, Your Insurance Has Been Canceled" The words were printed on an iconic Time magazine cover from 1986 depicting a bolt of lightning striking a distant American flag positioned at the ...
Executive Viewpoint: How GenAI Translates Big Data Into Big Commercial Insurance Advantages
The discovery of the Rosetta Stone had a profound and transformative effect on our understanding of ancient Egyptian history and culture. Before then, early efforts to decipher Egyptian hieroglyphics ...