Industry News
The Hanover Announces CEO Succession Plan; Roche to Retire at End of 2026
The Hanover Insurance Group announced that John C. Roche, president and chief executive officer, plans to retire on December 31, 2026, following a distinguished 40-year career in the insurance ...
Duck Creek Acquires Send, Creating Agentic Underwriting-to-Core Platform
Duck Creek Technologies announced it has acquired Send Technology Solutions, an AI-native underwriting orchestration engine serving commercial, specialty and complex risk markets. Duck Creek said the ...
Farmers Making It Easier for Consumers to Understand Insurance
Farmers Insurance has launched a new initiative designed to make insurance easier to understand and more transparent for consumers. Farmers said the enterprise-wide effort reflects its continuing ...
California Insurance Commissioner OKs Upping Workers Comp Pure Premium 10.4%
California Insurance Commissioner Ricardo Lara approved workers compensation advisory pure premium rates that average 10.4% higher than last year. The Workers' Compensation Insurance Rating Bureau of ...
Soft P/C Market May Be Shallower Than Previous Cycles: Swiss Re
Global insurance premium growth is expected to slow sharply this year due to geopolitical uncertainty, supply chain disruption and continued inflation, according to Swiss Re Institute's latest sigma ...
California Bill to Let Insurers Use Driver Telematics Mulled by Legislature
A California bill to enable carriers to offer auto insurance discounts for good driving behavior is making its way through state Legislature. Assembly Bill 311 would amend the state's bedrock ...
Four Insurers Join Ward’s Annual Top 50 P/C Ranking for 2026
Property/casualty insurers have started to broadcast the fact that they earned spots on Ward's list of 50 top-performing insurance companies for 2026, but only one was named for 36 straight ...
Executives on the Move at AXA XL, Chesapeake, AIG, Aon
AXA XL appointed Matt Rodliff as chief claims officer, Americas, effective July 13. Rodliff succeeds Jim DiVirgilio, who has announced his retirement effective at the end of July. DiVirgilio served ...