Industry News
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 ...
Marsh Risk Unveils AI-Powered Risk Companion Suite
Marsh Risk, a business of Marsh, announced the launch of Risk Companion, the next iteration of its digital solutions suite designed to help clients effectively and efficiently manage unique risks. ...
Manufacturing Industry Top Target of Costly Cyber Attacks: Report
A review of five years' worth of proprietary claims data reveals just how vulnerable manufacturers are to cyber attacks and the high cost of disruptions, according to Resilience, which found more ...
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 ...
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 ...
Unexpected $115B+ Insured Loss Needed to Harden Property Market: Gallagher Re
Global and regional natural catastrophe activity and loss totals were lower in the first quarter of 2026 than in comparable quarters of previous years, leaving the reinsurance industry ...
Officially Retired: Liberty Mutual’s Safeco Brand Sunsets
Liberty Mutual confirmed that the previously announced sunset of the Safeco Insurance brand is officially done. The company's auto, property and specialty lines business in the independent agent ...