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Today's Headlines
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December 17, 2025 |
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Managing general agents account for over $100 billion in annual premium, or 10 percent of the total property/casualty market—and their share continues to grow. Meanwhile, new MGA formations are proliferating nearly as fast as market opportunities present themselves. MGAs remain a focal point for innovation in the P/C industry, responding to market gaps and emerging... read more
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The National Council of Insurance Legislators have come out against President Donald Trump's executive order last week, seen as a hinderance to state regulation of artificial intelligence. NCOIL officers in a statement on Dec. 15 said they are "greatly disturbed" with the executive order that "aims to limit the ability of states to regulate artificial... 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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As McKinsey & Co. partners gathered in the consulting giant's birthplace in late October, Bob Sternfels delivered a rallying cry. "We will kick some ass as we start our second century," the firm's top executive told the thousands of attendees. But away from the 100-year festivities in Chicago, McKinsey bosses have been conveying a more... read more
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Munich Re Specialty announced the upcoming retirements of Greg Barats, CEO and President of HSB, and Andreas Kleiner, CEO and President of American Modern Insurance Group, following long and distinguished careers. Both leaders will retire in the first quarter of 2026 and will remain in their current roles until that time to ensure a seamless... read more
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Insured losses from natural catastrophes will surpass $100 billion mark in 2025 for the sixth consecutive year – driven mainly by January's record Los Angeles wildfires as well as severe convective storms (SCS) in the U.S., according to a report from Swiss Re Institute. Overall, Swiss Re estimates global insured losses in 2025 at $107... read more
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AIG announced it has received approval to proceed with the acquisition of Everest Group's renewals in Germany, France, Italy, Netherlands, Spain and Ireland. The European Union deal is part of AIG's $2 billion acquisition of Everest's retail commercial insurance renewal rights, initially announced in October. Starting January 1, 2026, Everest renewals in these six countries... read more
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Despite the backlash against diversity, equity and inclusion policies in the U.S., employee groups built around shared identities or interests have largely held up. The number of Fortune 50 companies that publicly disclose so-called employee resource groups, or ERGs, was 48 at the end of 2025, up from 46 two years earlier, according to an... read more
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While managing claims in-house may seem like maintaining control, it often ...
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It's that time again when the insurance world starts rolling out big, bold ...
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While the pressure to adopt AI intensifies, it's important to remember that ...
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Compensation drives placement decisions in ways most don't recognize. Case in ...
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70% of insurance core system implementations fail, despite significant ...
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