Workers compensation specialty insurer The MEMIC Group, led by parent company Maine Employers' Mutual Insurance Company, has entered into an agreement to acquire The ...
An actuarial report published earlier this month put a $4 billion estimate on inflation's effect on medical malpractice insurance losses over the last decade, without gauging the separate impacts of ...
Analysts agree that first-half 2025 underwriting income for the U.S. property/casualty insurance industry more than tripled compared to first-half 2024, translating to a combined ratio of 96.4. But ...
A portfolio claims analysis shared by Resilience, a cyber risk solutions company, showed the year-over-year average cost of individual ransomware attacks rose by 17 percent in the first half of 2025. ...
A newly released report suggests that nearly 90 percent of fleets believe claims service needs to improve, sparking a turning point for the commercial insurance industry. AI native insurer Nirvana ...
A Carrier Management summary of earnings metrics for the year so far reveals a second-quarter average combined ratio of roughly 88, and a year-to-date ratio of just under 92 for a cohort of 27 ...
Notable announcements on insurance company financial strength ratings last week included AM Best's upgrade of Crum & Forster Insurance Group, and various rating agency announcements about a ...
As the cyber market matures, it's increasingly evident that fighting off cyber attacks is going to be an ongoing team effort. Brokers, carriers, cybersecurity organizations and insureds all play a ...
The fleet market's supply chain issues, added fuel surcharges, and high-dollar claims are reminiscent of 2020, according to the latest Amwins' State of the Market Transportation report. With the full ...
According to the latest J.D. Power survey of small business insurance customers, overall satisfaction levels are about even with last year, but a lower percentage say they will definitely stay with ...
