Industry News
Manufacturing Industry Top Target of Costly Cyber Attacks: Report
A review of five years' worth of proprietary claims data reveals just how vulnerable manufacturers are to cyber attacks and the high cost of disruptions, according to Resilience, which found more ...
Independent Agents Can Get Appointed to Sell Root Auto Insurance in One Day
Although InsurTech Root has talked more about embedded partners than agents in the years since announcing it would add an independent agency distribution channel, the car insurer has been working to ...
Rational Market? How About ‘Dumb’ and ‘Bizarre’?
Industry executives who described insurance and reinsurance markets as "rational" in the not-so-distant past are now using words like "dumb" and "bizarre" to characterize soft-market competitor moves ...
Unexpected $115B+ Insured Loss Needed to Harden Property Market: Gallagher Re
Global and regional natural catastrophe activity and loss totals were lower in the first quarter of 2026 than in comparable quarters of previous years, leaving the reinsurance industry ...
Officially Retired: Liberty Mutual’s Safeco Brand Sunsets
Liberty Mutual confirmed that the previously announced sunset of the Safeco Insurance brand is officially done. The company's auto, property and specialty lines business in the independent agent ...
EY and IIF: Four in Five CROs Rank Cyber Among Top Risks
Eighty percent of insurance chief risk officers rank cyber among their top five risks, according to a new report from EY and the Institute of International Finance. That was up 14 percentage points ...
Travelers to Expand Homeowners Insurance Offering in California
The Travelers Companies said it intends to expand its homeowners insurance offerings across California. Travelers notified the California Department of Insurance it intends to expand homeowners ...
AIG Completes CEO Succession Plan; Anderson to Take Reins
American International Group Inc. made it official with an announcement today that Eric Anderson will become president and CEO on June 1. Most recently a member of Aon Plc's executive committee, ...