Industry News
Should Carriers Worry About Workers Comp? Yes and No
Commercial lines outlooks are stable, rating agencies say, pointing to the bright spot of continuing profits in the workers compensation line. In addition, in early January 2024, NCCI confirmed that ...
The Latest Launches from Dyad, Ford Pro Insure, Sure
Following XDimensional Technologies' acquisition of I-Engineering in June 2023, the two companies have come together to launch a new company brand, Dyad. These two companies are now one, brought ...
hyperexponential Raises $73M Series B to Expand Insurance Pricing Platform
hyperexponential, a provider of pricing decision intelligence software, announced the completion of its $73m Series B funding round led by global technology-focused investment firm, Battery Ventures. ...
Specialty Insurer RLI Ranks Among Best Places to Work: Glassdoor
Listed between technology companies Google and Cisco Systems, Peoria, Ill.-based RLI Corp. is among 100 large U.S. companies being recognized by Glassdoor as one of the best places to work in 2024. ...
Another Title Insurer Hacked: Fidelity National Says 1.3M Affected
Title insurer Fidelity National Financial (FNF) said about 1.3 million customers have been impacted by a cyber attack it suffered last November. According to a filing with the U.S. Securities and ...
Trueman Joins CFC as CUO After Recent Management Shakeup
CFC, the specialist managing general agent, announced that Dan Trueman has joined the business as chief underwriting officer (CUO).
After ...
Extreme Weather and Misinformation Top Global Risks: World Economic Forum
Risk specialists see extreme weather and misinformation as most likely to trigger a global crisis in the next couple of years, a World Economic Forum (WEF) survey ...
When Higher Pricing <> Underwriting Profit or Double-Digit Returns
In spite of premium increases that primary insurance carriers will record for 2023, the U.S. property/casualty industry as a whole won't report an underwriting profit or a double-digit return for the ...
Climate Change, Nuclear Verdicts Worry Wealthy North Americans: Chubb Survey
A new Chubb report has found that 76 percent of wealthy Americans and Canadians believe exposure to extreme weather due to climate change is among the biggest threats to ...