Industry News
GEICO to Add 500 New Jobs at New North Texas Hub
GEICO announced the addition of 500 new jobs in North Texas today. The expansion of its commercial operations at the Richardson office, designated as a main hub to serve the insurer's small business ...
Ivans Index Shows Most Commercial Lines Renewal Rates Up in November
Most major commercial lines premium renewal rates were higher month over month, except general liability, which remained consistent with October and Commercial Property and Workers' Compensation ...
Personal Lines Results Drive U.S. P/C Insurance 9-Month Underwriting Profit
Growth in net earned premiums outpaced a slight increase in losses and loss adjustment expenses to result in the U.S. property/casualty industry posting a nine-month 2024 underwriting profit of $4.1 ...
Slain UnitedHealth Executive Puts New Focus on CEO Safety Policy
The UnitedHealth Group Inc. executive who was fatally shot in New York on Wednesday morning had no personal security detail, a circumstance that could prompt swift changes inside corporate ...
Grief, Then Confusion: Questions of Motive Emerge in UnitedHealthcare CEO’s Killing
UnitedHealth Group's investor day turned from an ordinary corporate meeting in a midtown Manhattan hotel to a scene of stunned grief quicker than the health insurer could even react. "It was ...
Executives on the Move at Liberty Mutual and Hippo
Liberty Mutual Insurance has named Marc Orloff as president of Global Risk Solutions (GRS) North America, effective Jan. 1, 2025. Reporting to GRS President Neeti Bhalla ...
Feature-Integrated Apps Drive Rising Customer Satisfaction With Digital Claims Process: J.D. Power
Digital claims reporting outperforms phone-based communications, according to a new J.D. Power study conducted in collaboration with Corporate Insight. New features and mobile app refinements by auto ...
Indictment Filed in $250M Offshore Insurance Scheme
A New York-based insurance agency is alleged to have issued more than 40 unauthorized insurance policies providing more than $250 million in coverage to clients while the company's equity was less ...