Industry News
AI Needs Its Own Risk Class: Lockton Re
The rapid adoption of artificial intelligence by organizations across all industries is changing the commercial risk landscape; it's time to consider making AI its own ...
Experian Launches Insurance Marketplace App on ChatGPT
Experian announced the launch of the Experian Insurance Marketplace app on ChatGPT, introducing its insurance comparison platform to OpenAI's audience, to help consumers find auto insurance. In the ...
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’
American International Group (AIG) made substantial progress in artificial intelligence within the last year, and its outcomes and capabilities are more than previously predicted. The insurer during ...
‘Structural Shift’ Occurring in California Surplus Lines
The Los Angeles wildfires that kicked off 2025 not only sped up a statewide homeowners insurance market pullback, they also played a part in an ongoing reshaping of California's surplus lines market, ...
’25 Deal Counts Drop, Q4 Values Soar: S&P GMI Insurance M&A Analysis
The North American insurance market experienced a decline in the total number and aggregate value of merger and acquisition deals in 2025 compared to 2024, according to S&P Global Market ...
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 ...