Industry News
Tech Bytes: New Partnerships at MediaAlpha, FRISS, Ivans
MediaAlpha Inc., a customer acquisition marketplace for the insurance industry, announced a four-year extension of its agreement with The Zebra, an insurance comparison site. As part of the ...
Cyber Insurance Premiums Up 27.5% to Lead All Lines in Q1: CIAB
According to The Council of Insurance Agents & Brokers' (CIAB) Commercial Property/Casualty Market Index, capacity for cyber insurance may be decreasing while demand is increasing, which could ...
Risk Alerts, Leadership Tips and More
Carrier Management, Insurance Journal's sister publication focused on insurance company leadership insights and carrier news, is celebrating the one-year anniversary of two special newsletters this ...
Brickell Pulls Plug on Deal for Randall & Quilter; R&Q Plans Fundraise
Property/casualty specialty insurer Randall & Quilter Investment Holdings Ltd. announced its planned acquisition by Brickell PC Insurance Holdings LLC has been terminated by shareholder Brickell. ...
U.S. P/C Q1 2022 Underwriting Income Up 5 Percent: AM Best
AM Best reported Friday that first-quarter net underwriting income for the U.S. property/casualty industry rose 4.6 percent to $3.3 billion. Explaining the result, AM Best said that a 10.5 percent ...
High-Speed Lawmaking: Florida Gov Quickly Signs Insurance Reform
Florida Gov. Ron DeSantis signed property insurance and condominium maintenance reform legislation into law Thursday, putting an exclamation point on a whirlwind of lawmaking that began just a week ...
Cyber-Hygiene Confidence Low but Insurance Is Making an Impact: Survey
Nearly three quarters of global cyber-risk decision-makers recently surveyed said their company experienced at least one cyber attack in the past year, and while these attacks have spurred more ...
P/C Industry Posts 2021 Underwriting Loss but Surplus Hits $1 Trillion
Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry turned in a $3.8 billion underwriting loss in 2021. The P/C ...