Industry News
‘We’ll Want Some Proof’: State Farm CEO’s Take on NY Auto Insurance Reforms
While State Farm publicly supported auto insurance reform measures in New York this year, now that a package of changes has been written into the state's statutes, the insurance giant is taking a ...
California Workers Comp Med Cost Claims Rise Due to Use of Unlisted Codes: Study
A growing share of treatment rendered to injured workers in California is billed under unlisted codes that fall outside fee schedule pricing controls, creating a new and increasingly important source ...
AM Best: Data Centers Pose Risks Beyond What P/C Industry Has Experienced
The proliferation of data centers across the U.S. to bolster critical infrastructure for artificial intelligence is also bring some complicated risks. A new report from AM Best outlines "substantial ...
GEICO’s Gecko Appeared on His First Podcast
The iconic GEICO Gecko appeared live and unscripted on his first podcast last week. On June 11, the character appeared as a real-time, AI-powered participant on the iHeartMedia podcast "Fudd Around ...
Complex Cats, Talent Exodus Will Confound Insurance Models This Year: Report
The 2026 catastrophe season will face a more distributed and harder-to-predict risk landscape than carriers have historically planned for, according to a new report by global claims administrator ...
Willis Unveils Tool to Help RMs Respond to Climate-Related Property Risks
Willis, a WTW business, unveiled a new version of its Climate Diagnostic model to help risk managers better understand and respond to climate‑driven volatility affecting property insurance markets. ...
Scammers Used Gemini AI to Help Build Spam Messages, Google Says
Alphabet Inc.'s Google filed a lawsuit against a suspected Chinese cybercrime operation, alleging that the group used artificial intelligence to send more than 2 million text messages with fraudulent ...
Executive Moves: Hippo Holdings Names Boettcher COO; Willis Re Appoints Fletcher CEO of Bermuda
Hippo Holdings Inc. announced the promotion of Laura Boettcher, ARe, to chief operating officer of Hippo Holdings, the parent company of Hippo Insurance. Boettcher has served as COO of Hippo ...