News
Industry Concerned as Supreme Court Revives Lawsuit Against Freight Broker
The Supreme Court on Thursday allowed a man to sue a major logistics company after he lost part of his leg in a semi tractor-trailer crash, a decision that could have big ripple effects across the ...
Florida Surplus Lines’ HO Premiums Now Average About the Same as Admitted Market
The cost of a surplus-lines homeowners policy in Florida is now about the same as admitted-market HO policies, reflecting the growing trend for excess and surplus firms across the state and beyond, ...
NCCI: Workers Comp Calendar Year Combined Ratio at 91; Accident Year CR 102
U.S. workers compensation net written premium decreased 0.2% in 2025, according to the National Council on Compensation Insurance (NCCI). NCCI reported that while the calendar year 2025 combined ...
Hedge Funds Make Their Move as Litigation Finance Assets Slump
A losing streak in litigation finance is attracting hedge funds and other alternative investment managers looking to invest in legal claims at distressed valuations, according to people familiar with ...
For Carriers, AI Can Now Mean Hyper-Personalized Customer Service, Leaders Say
The future of property/casualty insurance is here and it looks a lot like … a devoted personal assistant for the policyholder, one that moves at lightning speed and never complains or takes a day ...
FLASH Weather AI Launches Hail Prediction Model
FLASH Weather AI has launched a new high-resolution hail prediction model that can give almost an hour of warning before a storm. FLASH's 1-Hour Hail Swath Prediction Model is a deep-learning system ...
Who Will Be California’s Next Insurance Commissioner?
The race for the California Insurance Commissioner post has drawn 11 candidates covering several parties, and backgrounds that include two insurance agents, a former broker, a state legislator and a ...
The Race for California Insurance Commissioner: Meet Steve Bradford
Democrat Steve Bradford, an education organization board member, previously served in the California State Senate, the state Assembly and on the Gardena City Council. His plans include addressing ...