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.
Industry News
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 ...
Root Inc. Opens 2026 With Best Quarterly Net Income Ever at Nearly $36M
Root Inc. reported a first-quarter 2026 net income of $35.9 million—the best quarterly result in the company's history—compared with net income of $18.4 million for the same period in 2025. In a ...
Justice Department Files Statement of Interest in Homeowners’ Case Against State Farm, Others
A Statement of Interest in the case of Ferrier v. State Farm Fire and Casualty Company, currently pending in the state Superior Court of Los Angeles County, California, was filed by the U.S. ...
Progressive Insurance Helps First-Time Homebuyers With Down Payments
As many as 200 first-time homebuyers could receive down payment assistance up to $13,500 each thanks to Progressive Insurance. Progressive's UpPayment program is available to first-time homebuyers ...
Specialty Insurance Rates Soften Faster Than Expected, Hitting 2020 Price Levels: WTW
Specialty insurance market rates declined in 2025 and during the January 1, 2026 renewals, with the pace of change exceeding expectations, according to WTW's Specialty Insurance Marketplace Survey ...
No, Florida Lawmakers Did Not Repeal the No-Fault Auto Insurance Law
Did you hear that Florida's 55-year-old "no-fault" auto insurance statute has been repealed? Most people in the Florida insurance industry probably know that is not true. But a number of recent ...
Berkshire Taps Gen Re’s Shamieh to Succeed Jain as Insurance Chief, WSJ reports
Berkshire Hathaway has selected Gen Re Chairman Charlie Shamieh as successor to longtime insurance leader Ajit Jain, the Wall Street Journal reported on Monday, citing ...
