Strategy
Business Continuity Plans Lacking Among SMBs: Nationwide Survey
Mid- and small-market businesses (SMBs) face a lot of the same big-picture challenges, but how they prioritize risk, spending and solutions varies widely. According to Nationwide's latest risk ...
Enterprise Risk Management Secrets for Long-Term Company Growth
If my conversations with property/casualty insurance executives are any indication, many leaders view enterprise risk management (ERM) as simply an exercise for complying with regulations, reassuring ...
Bringing Positive Vibes Back to Personal Lines Insurance
Nationwide's Casey Kempton has a vision to bring positive vibes back to engagements between personal lines insurers and their customers—and it starts with understanding the "mental models" that ...
Markel’s Board Commencing Review of Go-Forward Business Structure
In spite of reporting operating earnings of $3.7 billion for 2024, Markel Group announced that the holding company for insurance and other businesses has decided to conduct a review of its business, ...
‘So Much More’: Nationwide Spends $1.25B For Allstate Employer Stop Loss Biz
Nationwide announced on Thursday that it has entered into a definitive agreement to purchase The Allstate Corporation's employer stop loss segment for $1.25 billion. Stop loss insurance protects ...
‘Underwriting Choices’ Added to Everest’s Social Inflation Woes: CEO
Social inflation wasn't the only factor that pushed the loss severity on the U.S. casualty book of Everest Group Ltd. up high enough to prompt a $1.7 billion loss reserve charge, the CEO said earlier ...
Central Insurance Reorganizes Into Mutual Holding Company Structure
Central Insurance, a property/casualty mutual insurance company, and its affiliates have reorganized under Ohio law into a mutual holding company structure, the company announced. The reorganization, ...
U.S. Insurance Deals Outlook: More, More, More
In mid-December, PwC tallied a surge in M&A deals in the U.S. insurance industry in the second half of 2024, and predicted an active year in 2025 with brokerage and MGA deals leading the way. ...