Industry News
Tesla Premiums Soared in ’25; Loss Ratios 40 Pts. Worse Than Industry: Analysis
While auto insurance leaders reported premium growth percentages in the single digits last year, with sprinters like Progressive and Root up in the low-to-mid teens, premiums at Tesla's insurance ...
The Big Dog Is Off the Tech Porch: State Farm as ‘Next Gen Good Neighbor’
You'd have to roll back the calendar a few decades to find a time when competitive moves by the nation's biggest auto and home insurer were described with the phrase, "The big dog is off the porch." ...
Farmers Insurance in California: HO Rates Up 1.5%; Bundlers Get 22% Discount
Farmers Insurance announced yesterday that the California Department of Insurance has approved the insurer's introduction of a new homeowners insurance rating plan, including elements from Insurance ...
Florida Insurer Safepoint Reveals 97% Revenue Surge in U.S. IPO Filing
Safepoint on Friday filed its paperwork for a U.S. initial public offering, disclosing a 96.9% revenue jump last year as a strong run of new listings from Florida-based insurers extends into 2026. ...
‘Designed To Last’: American Family Launches Reality Competition Series on Hulu
American Family Insurance has launched a branded reality competition series, "Designed To Last," a first-of-its-kind show that reimagines how to think about protecting homes and families against ...
Travelers: Aging Workforce, New Employees Drive Complexity in Injury Claims
Recovery times for injured workers are growing longer even as workplace injury rates decline, according to a new report from Travelers. The rising complexity of injury claims is driven by an aging ...
Register: Risky Future AI Tools for Homeowners Data ‘Demo Day’ on May 13
Insurance Journal's Risky Future series is hosting the "AI Tools for Homeowners Data" Demo Day, a series of free AI tool demonstrations designed exclusively for home insurers. This event features ...
Allianz Commercial Transitions Its Standalone Cyber Business to MGA Coalition
Allianz Commercial announced an agreement which transitions its standalone commercial cyber insurance business to Coalition, the managing general agent and specialist cyber insurer. The agreement ...