Markets
Workers’ Comp Bureau of California Submits Pure Premium Filing of 10.4%
The Workers' Compensation Insurance Rating Bureau of California has submitted a September 1, 2026, pure premium rate filing to the California Insurance Commissioner proposing advisory pure premium ...
California Takes Action Against State Farm Over LA Wildfire Claims
Late last month, State Farm General Insurance Company announced enhanced commitments to customers impacted by the 2025 Los Angeles Wildfires, but the California homeowners insurer's actions were too ...
Growth Going to be Hard: Abel Talks GEICO, Berkshire Tech Transformation
"It's not going to be easy to just restart the growth engine." Berkshire Hathaway Chief Executive Officer Greg Abel was referring to a challenge ahead of auto insurer GEICO during the annual meeting ...
Iran War Is ‘Supercharging’ Clean Energy Transition, UN Climate Chief Says
The Iran war is "supercharging" the world's shift to renewable energy, as countries scramble to reduce their exposure to volatile oil and gas markets, the U.N. climate ...
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 ...
Berkshire, Cyber Risk and the Strait of Hormuz: Insurability Hinges on Price
During the recent Berkshire Hathaway annual meeting, Chief Executive Officer Greg Abel told shareholders that the conglomerate's decisions on investments and acquisitions depend on several factors, ...
Lemonade Logs Q1 Net Loss With Topline Growth
InsurTech Lemonade reported a first-quarter 2026 net loss of about $35.8 million compared with a loss of about $62.4 million during the same time in 2025. However, Lemonade said its topline growth ...
Independent Agents Can Get Appointed to Sell Root Auto Insurance in One Day
Although InsurTech Root has talked more about embedded partners than agents in the years since announcing it would add an independent agency distribution channel, the car insurer has been working to ...