News
Multiples Homes Destroyed, 2 Dead After Tornadoes Strike Northern Texas
A tornado-producing thunderstorm left at least two people dead in northern Texas and displaced at least 20 families, with many homes sustaining major damage, authorities said Sunday. At least one ...
Executive View: AI Strategy in Insurance Requires Plug-and-Play Operating Model
The insurance industry is entering a phase of artificial intelligence (AI) adoption where the primary constraint is no longer capability. Most core use cases, including submission intake, ...
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, ...
Commercial Lines Rates Continue to Soften, Says Ivans Index
Premium renewal rates in the first quarter 2026 decreased for all major commercial lines compared to the fourth quarter 2025, according to the Ivans Index. "Q1 sets an important baseline for 2026, ...
More Than $250M in FEMA Funds Earmarked for Flood Mitigation
More than $250 million in funding to help states prevent damage from future flood disasters was announced last week by the Federal Emergency Management Agency (FEMA). The funds, distributed through ...