The most popular articles and news offered by Carrier Management.

State Farm Underwriting Loss Climbs to $14B

When State Farm reported a $13 billion underwriting loss for 2022, it was the largest in the auto insurance giant's history. A year later, and another record. The underwriting loss figure climbed to ...

Workplace Stress Has Reached Epidemic Proportions

Work-related stress and worker burnout is a critical topic in today's talent market as nearly every insurance organization across the nation competes to fill open positions. But stress at work has ...

Buffett Says Berkshire ‘Built to Last’

Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve them well over the long term, even as he mourned the recent passing of his longtime ...

Allstate’s Telematics Strategy: Responding to Evolving Customer Needs

When consumers decide what to buy, they want companies to treat them as individuals: "Do you know my unique needs?" and "Will you be there for me when I need you?"

Liberty Mutual to Eliminate 250 Positions

Liberty Mutual has confirmed it is eliminating about 250 positions, or 0.5 percent of its global workforce, as it continues implementing new organizational structures within U.S. Retail Markets and ...

Real-Time Data and Mitigation: How Tokio Marine Is Changing Risky Behaviors

In our ever more interconnected world—from vehicles to manufacturers to health care to the power grid—solutions to avoid risk are becoming more common.

Autonomous Truck Market Surging: Study

The demand for autonomous trucks is estimated to increase from $3.3 billion in 2023 to reach $6.9 billion by 2028, according to a new study by BCC Research. Leveraging 2022 data as a baseline, the ...

AM Best Downgrades Acuity

AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to "aa-" (Superior) from "aa" (Superior) and affirmed the Financial Strength Rating (FSR) of "A+" (Superior) of Acuity, A ...