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Today's Headlines
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December 12, 2025 |
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If negotiation is the job, as Ronald Morrison wrote in the first article of this series, then the first offer is often the moment that defines success. Behavioral economists Daniel Kahneman and Amos Tversky first described the anchoring effect in 1974—the tendency for initial numbers to pull subsequent judgments toward them, even when the starting... read more
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| | | Advertisement | | |  | | | | Join Cotality's INTRConnect in D.C.! | | | | INTRConnect: Where insurance and restoration meet. Gain the intelligence and connections you need to transform your claims, underwriting, and restoration business. | | | | | | | | Cotality | | | |
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With premium growth slowing to around 3 or 4 percent, and hurricane activity likely returning to normal levels, analysts at Fitch Ratings foresee 2026 underwriting results for property/casualty insurers lining up with results for 2024. Tana Marcom and Chris Grimes, both senior directors at the rating agency, offered the forecasts during a North American Property/Casualty... read more
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With $140 billion in personal auto premiums being shopped annually[1], the ability to make informed decisions at Rate Call 1 can significantly impact competitive positions. Traditional snapshot policy data is no longer enough to maintain an edge in today's market. A new Verisk white ... read more |
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The American Property Casualty Insurance Association and the National Association of Mutual Insurance Companies were among a handful of organizations to send a letter to federal lawmakers in support of a bill to reform the Federal Emergency Management Agency. In a letter sent Dec. 9 to leaders of the U.S. House of Representatives, APCIA and... read more
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Amica Mutual Insurance Company announced that Ted Murphy, senior executive vice president and chief operations officer, will retire at the end of 2025 after 45 years of service. "Ted's leadership has guided Amica through decades of progress," said Amica President and CEO Ted Shallcross in a statement. "His influence will be felt for years to... read more
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Truck drivers are encountering a new risk on the highway: Law enforcement officers are empowered by the Trump administration to pull them off the road if they fail an English test. The government argues the rules are critical to safety. For Vadym Shpak, they're a costly and frustrating disruption. Shpak, the owner of an Illinois-based... read more
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OpenAI on Wednesday warned that its upcoming artificial intelligence models could pose a "high" cybersecurity risk, as their capabilities advance rapidly. The AI models might either develop working zero-day remote exploits against well-defended systems or assist with complex enterprise or industrial intrusion operations aimed at real-world effects, the ChatGPT maker said in a blog post.... read more
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Between travel, family gatherings and endless to-do lists, the holidays can make it hard to keep up with healthy routines. For many, the holidays are when their healthy habits falter. But it doesn't have to be impossible, according to Samantha Harden, an associate professor in Virginia Tech's Department of Human Nutrition, Foods, and Exercise. Harden... read more
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While the pressure to adopt AI intensifies, it's important to remember that ...
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70% of insurance core system implementations fail, despite significant ...
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Insurance policies are meant to protect. But when language feels like a foreign ...
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It's that time again when the insurance world starts rolling out big, bold ...
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Compensation drives placement decisions in ways most don't recognize. Case in ...
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