Commercial Lines
Details TBD: Berkshire’s Jain, Abel Describe Tokio Marine Strategic Pact
Some details of a long-sought-after partnership with Tokio Marine aren't precisely defined, instead relying on the good faith dealings and reputation of the Japanese insurance giant, Berkshire ...
Rational Market? How About ‘Dumb’ and ‘Bizarre’?
Industry executives who described insurance and reinsurance markets as "rational" in the not-so-distant past are now using words like "dumb" and "bizarre" to characterize soft-market competitor moves ...
Commercial Lines Rates Continue to Soften, Says Ivans Index
Premium renewal rates in the first quarter 2026 decreased for all major commercial lines compared to the fourth quarter 2025, according to the Ivans Index. "Q1 sets an important baseline for 2026, ...
NY to Lose $74M of Federal $ Over 33,000 Immigrant Trucker CDLs
New York will lose more than $73.5 million in federal money because the Transportation Department said last week that state has refused to revoke nearly 33,000 questionable commercial driver's ...
AI Use in Cybersecurity Could Show Holes in Short Term, Says Fitch
U.S. cyber insurers in 2025 reversed a couple of years of decline in direct written premiums to post growth of 11%, but according to Fitch Ratings, there are some underwriting concerns brought on by ...
Hail a Growing Loss Driver on Rising Tide of Severe Convective Storms, Allianz Says
Hailstorms drove record insured damages as severe convective storms are becoming more common and damaging, popping up in new places—and even storms producing small hailstones are posing unforeseen ...
Liberty Mutual Announces Leadership Restructuring for CRS and LMI
Liberty Mutual announced a new leadership structure across the company's Global Risk Solutions (GRS) and Liberty Mutual Investments (LMI) businesses late last week, appointing Vlad Barbalat president ...
Is Commercial Auto Having Its ‘Sprinkler Moment’?
The commercial auto insurance industry may be approaching a tipping point, and dashcams are at the center of it. Telematics-based safety programs are increasingly embedded in commercial auto ...