Industry News
AIG Underwriting Income Up 48% in Q4 on North America Commercial
Fourth-quarter 2025 underwriting income in American International Group's (AIG) General Insurance segment increased 48% compared with the prior year, to $670 million. The unit, which includes North ...
A 10-Year Wait for Autonomous Vehicles to Impact Insurers, Says Fitch
Fitch Ratings said it does not expect autonomous vehicles (AVs) to "have any meaningful impact" on insurers in the next decade. Therefore, impacts to credit ratings will be modest. However, over ...
Trump’s Repeal of Climate Rule Opens a ‘New Front’ for Litigation
The Trump administration's imminent repeal of an Obama-era scientific finding that greenhouse gases pose a public health threat could open up a new pathway for filing lawsuits against power-plant ...
Liberty Mutual to Partner With Net-Zero Focused PE Firm Ara
Liberty Mutual Group Inc.'s asset-management arm agreed to back Ara Partners' infrastructure and energy strategies, in the latest partnership between an insurer and an alternative investment firm. ...
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears
U.S. insurance broker stocks were pummeled Monday as the launch of an artificial intelligence tool from privately held online insurance shopping platform Insurify sparked fears about the industry ...
Insurify Starts ChatGPT App Allowing Consumers to Shop for Insurance
Online insurance agent Insurify said it has launched a ChatGPT app to allow consumers to compare and shop for insurance. Insurify said the app is the first insurance app in OpenAI's directory. ...
Zurich Insurance’s Beazley Bid Sets the Stage for More Insurance Deals
Zurich Insurance's bid to buy British insurer Beazley will set the stage for further deals in the sector as buyers jostle for exposure to the lucrative specialty lines market, analysts, industry ...
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call
Allstate posted significantly higher net and underwriting income for fourth-quarter and full-year 2025. With affordability top of mind, that leads to questions about excessive profits. Similar to ...