Industry News
What to Expect in 2026: U.S. P/C Results More Like 2024
With premium growth slowing to around 3 or 4 percent, and hurricane activity likely returning to normal levels, analysts at Fitch Ratings foresee 2026 underwriting results for property/casualty ...
Truckers Who Fail English Tests Are Pulled Off Roads in Crackdown
Truck drivers are encountering a new risk on the highway: Law enforcement officers are empowered by the Trump administration to pull them off the road if they fail an English test. The government ...
Industry Trade Associations Throw More Support Behind FEMA Reform
The American Property Casualty Insurance Association and the National Association of Mutual Insurance Companies were among a handful of organizations to send a letter to federal lawmakers in support ...
WTW to Acquire Newfront in Deal Worth Up to $1.3B
Broker WTW said it has a definite agreement in place to acquire Newfront for up to $1.3 billion in a move to expand its middle-market reach in specialties such as technology, fintech and life ...
Archdiocese of New York Pledges $300M to Mediate Clergy Sex Abuse Claims
The Archdiocese of New York announced it is establishing a $300 million fund that it intends to use to pay for a global settlement of most of the 1,300 lawsuits it still faces from victims of clergy ...
JD Power: Full Digital Claims Process Drives High Customer Satisfaction
Receiving adequate digital updates is one of the top drivers of customer satisfaction with the digital insurance claims process, but insurers deliver on this key performance indicator just 22 percent ...
Bankers Readying U.S. IPOs at ‘Overwhelming’ Pace Ahead of 2026
Behind the scenes activity in the U.S. IPO market is reaching a fever pitch, according to dealmakers, as companies lured by stock markets near record highs prepare to go public. The industry has been ...
The Latest Launches from Allstate, WTW, Whisker Labs
Allstate launched Allstate Scam Protection to help safeguard workers' finances and fight cyber crime. The product includes a reimbursement of up to $50,000 when money, including cryptocurrency, is ...