Industry News
The Race for California Insurance Commissioner: Meet Stacy Korsgaden
Republican Stacy A. Korsgaden is an insurance agent. Korsgaden has held an active California Insurance license since 1988, and built a full-service insurance agency, servicing nearly 8,000 policies. ...
The Race for California Insurance Commissioner: Meet Jane Kim
Democrat Jane Kim, an attorney and consumer advocate, served on San Francisco's Board of Supervisors from 2011 and 2019. She has also run for state Senate and for San Francisco mayor. Her plans ...
California Sees Steady Rise in Workers Comp Claim Costs Since 2021: WCRI
Newly released data highlights how total payments per claim in California's workers compensation system have risen steadily since 2021, according to the Workers Compensation Research Institute ...
WBN Survey: Global Business Leaders Shift Risk Strategy With Insurance
Global organization are moving from risk mitigation to a risk-led strategy as business leaders shift their approach to risk, influenced by geopolitical instability, economic uncertainty and ...
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 ...