News
U.S. Commercial Lines Prices Up 5.6% With Signs of Moderation: WTW CLIPS
U.S. commercial insurance rates showed a continued upward trend with signs of moderation in the fourth quarter of 2024, according to the latest findings from WTW's Commercial Lines Insurance Pricing ...
New York Sues National General and Allstate Over Data Breaches
New York's Attorney General filed a lawsuit against National General and its parent Allstate Insurance Co. alleging they have failed to protect New Yorkers' personal information from cyber attacks. ...
‘Bleak’ Data: Insurance Co. Entry Level Hiring Expectations Hit Low Point
Insurance carriers expecting to add staff in 2025 are largely looking for experienced professionals rather than filling entry level roles, according to the latest Insurance Labor Market Study from ...
Despite Higher Insurance Costs, Risks, EVs Are Set to Dominate Roads in 2025
More car buyers are leaning toward purchasing an electric vehicle over a gas powered one, with 64 percent of consumers expected to choose an EV for their next vehicle, according to a report published ...
Just One Quarter of Insurers Have Digitized Their Operations: ACORD
Robust integration of artificial intelligence (AI) capabilities can reduce annual expenses by as much as $480 billion in P/C, according to the 2025 edition of the ACORD Insurance Digital Maturity ...
M&As Expected to Pick Up Pace Later This Year
Facing unexpected market volatility and geopolitical uncertainties, normally optimistic dealmakers are sounding a more cautious note for the coming weeks and months but are confident the pace of ...
State of Emergency Declared for Wind-Driven Brush Fire on New York’s Long Island
Fast-moving brush fires fanned by high winds burned through a large swath of land on New York's Long Island on Saturday, spewing thick gray smoke into the sky and prompting the evacuation of a ...
Investigations to Legislation: Florida Lawmakers Weighing Insurance Industry Changes
Florida legislative leaders, facing increasing pressure from the public and the press, last week pledged to investigate property insurers' financial structures. And bills filed before the 2025 ...