Industry News
Workplace Diversity Opponents Challenge Policies Using 1866 Civil Rights Law
Opponents of workplace diversity programs are increasingly banking on a section of the Civil Rights Act of 1866 to challenge equity policies as well as funding to minority-owned businesses. Section ...
Underwriters Predict Continued Growth of Cyber Risks in 2024
Underwriters who thought the growing cyber risk landscape of the past several years would level off soon might want to think again. Woodruff Sawyer's annual survey of cyber insurance carriers found ...
Federal Reinsurance for Cats: No Thanks, APCIA Says
Federal lawmakers introduced a bill to create a federal natural catastrophe backstop recently, reacting to insurers' issues with growing private reinsurance costs. But a trade group for carriers ...
Survey: Carrier Connectivity Top of Mind for Agents
Agents continue to favor carriers and MGAs that offer automation, ranking ease of doing business and time savings at the top of the list of value they get from connectivity, according to a newly ...
Surge in Auto Insurance Rates Factor into Recent U.S. Inflation Climb
Even as U.S. inflation has eased in the last year, an unusual culprit has emerged in recent months as a surprise force in preventing consumer prices from falling even further: auto insurance. ...
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. ...