Industry News
‘Generali’ Sign Atop Insurer’s Skyscraper Offices Collapses in Milan
One of the giant Generali signs that crown the Italian insurer's head offices in Milan collapsed on Monday, remaining atop the 170 meter-high (558 ft) skyscraper but at risk of crashing to the ...
Complexity, Talent Shortages Slow Benefits of Enterprise Progress on Data, AI Initiatives: ISG Study
Though still increasing investments in data and AI initiatives, many companies say the programs have not yet delivered the benefits they expected, according to new research from global AI-centered ...
Public Adjusters Decry Florida Citizens’ New Plan That Keeps Their Names Off Checks
In the long conflict between insurance carriers and public claims adjusters, Florida's Citizens Property Insurance Corp. has unexpectedly altered the rules of engagement in a way that could have a ...
Insurance Sector Should Be on the Lookout for ‘Scattered Spider’ Hackers
Watch out, insurance industry. A well-known cybercrime group appears to have shifted focus to insurers. Apparently, recent cybersecurity incidents at Erie Insurance, Philadelphia Insurance Cos., and ...
Workplace Severity Rises While Frequency Declines: Travelers
Changing workforce demographics are contributing to changes in injuries sustained at work, according to the 2025 Injury Impact Report by Travelers. As one of the country's largest workers' ...
AmRisc Launches Reciprocal Exchange for Commercial E&S Market
AmRisc, a subsidiary of Alabama-based CRC Group and Truist Insurance Holdings, has launched a reciprocal exchange, initally writing in Florida, Georgia, Alabama, California and Colorado, the company ...
Adaptive Insurance, Tokio Marine HCC Partner on Power Outage Losses
Adaptive Insurance, a provider of parametric insurance solutions, has partnered with specialty insurer Tokio Marine HCC on GridProtect—an insurance product for short-term power outages. The ...
Middle East Tensions Raise Loss Accumulation Risks: Report
Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to ...