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First Atlantic Hurricane Forecast for 2026 Suggests Season Close to 30-Year Norm
Last month, Tropical Storm Risk issued its first prediction for the 2026 Atlantic Hurricane Season, with three intense and seven total hurricanes expected. The seasonal prediction, which also ...
Five AI Trends Reshaping Insurance in 2026
Insurers are famously slow to sign on to emerging trends and technology. This cultural tendency to take the long view is often helpful, as actuarial science plays out ...
Expense Ratio Analysis: AI, Remote Work Drive Better P/C Insurer Results
In separate reports last week, AM Best and Morgan Stanley analyzed P/C insurance industry expense ratios, with one reporting a 2.4-point drop over the past decade and the other projecting another ...
Good Times for U.S. P/C Insurers May Not Last; Auto Challenges Ahead
In their latest report on the U.S. auto insurance market, analysts from S&P Global Market Intelligence predict the strongest overall U.S. property/casualty insurance underwriting results in 18 ...
Why ‘Good Enough’ Is Killing Insurance: The Hidden Cost of Satisficing
Organizations routinely acknowledge crises, commission studies, launch initiatives — and change almost nothing. This pattern has a name.
The LA Fires Destroyed 11,000 Homes. Less Than 10% Have Permits to Rebuild
Of the thousands of residents needing to rebuild after this year's California wildfires, Andy Weyman would seem especially well positioned. The TV and stage director had remodeled his Malibu home ...
Nearly Half of 100 Largest P/C Insurers Destroy Value: ACORD
"Sustainable value creators" among the 100 largest property/casualty insurance carriers generated more than twice as much of their value through underwriting than through investment activities over a ...
Six Forces That Will Reshape Insurance in 2026
The insurance industry is entering one of its most promising periods as market conditions shift.
As carriers continue to invest in modern ...
U.S. High Court Rejects $2.46B Boy Scouts Sex Abuse Settlement Challenge
The U.S. Supreme Court declined on Monday to hear a challenge to the Boy Scouts of America's landmark $2.46 billion settlement of sex abuse claims in a case involving a group of abuse survivors who ...
Slideshow: Carrier Management’s 2025 Top Editor’s Picks (Unlocked)
Happy New Year! We are unlocking 10 feature articles that we were proud to publish in 2025—my Editor's Picks for 2025. (Free access links to our reader picks—the 10 most-read feature articles of ...
Breaking: Andersen to Replace Zaffino as CEO of AIG on June 1
American International Group Inc. announced that Chair and CEO Peter Zaffino will transition to Executive Chair of AIG and retire as CEO by midyear and that industry veteran Eric Andersen will take ...
Why the Middle Market Matters and How Insurers Can Capture It
Conning puts the size of the total addressable middle market at more than $150 billion, and with no carrier commanding more than a 5 percent share, the segment has become more attractive to insurers. ...
Artificial Intelligence Is Rewriting the Rules for Commercial Lines
Commercial lines insurance is changing—not with loud announcements or flashy tech demos, but through quiet, meaningful shifts in how work gets done.
The insurance industry is notoriously behind the curve when it comes to innovation. But what explains the gap between insurance and other industries? M&A transactions remain one of the most powerful levers for insurers seeking growth, diversification and operational scale. The insurance industry has always operated in cycles. Natural disasters, seasonal weather patterns and unexpected catastrophic events create predictable surges and lulls ... Almost 90 percent of commercial fleets use telematics systems. Yet commercial auto insurance has posted combined ratios above 100 in 12 of the last 13 years. Cyber once again ranked as the top global risk in 2026, according to the latest Allianz Risk Barometer, coming in No. 1 in every region and across all company ... Insurance carriers are operating in a period of structural volatility. Catastrophe events are more frequent and severe, customer expectations continue to rise, ... In recent years, the debate around artificial intelligence has shifted from speculation about future capabilities to urgent conversations about real-world impact. Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed David Saillen as Chief Underwriting Officer Europe, effective immediately.
Underwriter, Actuary Fears of AI Drop; Work Needed on Collaboration
You're just about as likely to find a commercial P/C underwriter or actuary who is unconcerned about the increased use of AI in insurance as you are to find one that's afraid of being replaced by AI. ...
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut
Days after announcing a deal to equip 10,000 engineers and data scientists at Travelers with AI assistants, the insurance company's leader detailed "differentiating domain expertise" around data and ...
Heating Fuel Haulers Temporarily Exempt From Drive Time Limits
The U.S. transportation safety regulator has extended an emergency waiver on driving-time limits for truckers hauling heating fuels by a few days to January 15, aiming to speed up deliveries. The ...
Chubb, The Hartford, Liberty and Travelers Team Up on Surety Tech Co. Launch
Four surety companies—Chubb, The Hartford, Liberty Mutual and Travelers—announced the launch of a technology company that will feature a shared digital infrastructure to advance the surety ...
10,000 Travelers Employees Get AI Assistants via Anthropic Partnership
Nearly 10,000 engineers, data scientists, analysts and product owners at Travelers are being empowered with personalized AI assistants, Travelers announced in mid-January. In a joint announcement ...
Federal Aviation Notice Warned of Slackline Before Deadly Arizona Helicopter Crash
Federal aviation records show that a week before a fatal helicopter crash, a notice was issued that a tightrope would be stretched across a mountainous area of Arizona, providing a warning for pilots ...
Carrier Management’s 2025 Top Features (Reader’s Picks Unlocked)
Underwriters and actuaries are less worried about AI taking their jobs. But maybe claims professionals and insurance agents should be more worried. Those are the takeaways I pulled out of two of the ...
The Hardest Part of Innovation in Insurance Isn’t Technology; It’s Culture
NOAA Announces Latest AI-Driven Global Weather Models
A new suite of operational, artificial intelligence (AI)-driven global weather prediction models has been launched by the National Oceanic and Atmospheric Association (NOAA), promising forecast ...
How Insurers Can Avoid Post-Merger Technology Failure
What to Expect in 2026: U.S. P/C Results More Like 2024
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 ...
Rebuilding Negotiation Talent: Why This Skill Is Missing and How to Fix It
Negotiation determines the outcome of nearly every litigated claim in our industry, yet it remains one of the least systematically developed skills inside many claims and defense organizations. After ...
Navigating Seasonal Spikes in Insurance: Lessons From the 2025 LA Wildfires
Florida OIR Triples the Size of Citizens’ Rate Decrease
With takeouts continuing at a steady pace and more carriers working the Florida property insurance market, state regulators saw fit to more than triple the size of Citizens' Property Insurance Corp. ...
Behavior Is Dominant Driver of Collision Risk for Commercial Auto
While severe collisions declined last year, many factors influence commercial driving behavior. Though seasonal changes and distractions are expected, geopolitical factors add to less predictable ...
Market Softening Accelerates During 1/1/2026 Re Renewals
Expanded reinsurance capacity resulted in accelerated softening of pricing across many lines during the Jan. 1, 2026 renewals, according to Guy Carpenter, which also indicated a double-digit drop in ...
10 Highest Class-Action Settlements in 2025 Eclipsed $70B Total: Duane Morris
The value of the 10 highest class-action settlements in 2025 exceeded $70 billion for the first time ever. In fact, the total was nearer to $80 billion across all areas of litigation, according to ...
Ex-Lloyd’s CEO Lost $17 Million AIG Job After Office Romance
American International Group Inc.'s announcement last week that it was parting ways with incoming President John Neal stunned insurance industry observers and raised questions about what caused the ...
Final Sentencing in Large Scale Crop Fraud Case That Cost Insurers Nearly $35M
A large-scale insurance fraud investigation of Farmers Tobacco Warehouse in Danville, Kentucky, came to a close with the sentencing of seven farmers and a tobacco warehouse manager, according to an ...
Is the AI Boom a Bubble Waiting to Pop? Here’s What History Says
As the artificial intelligence trade continues to push the stock market to new highs, investors are increasingly asking if we're living through another financial bubble that's destined to burst. The ...
Why Insurance Telematics Integrations Fail
AI Is the Biggest Mover on Allianz Risk Barometer; Cyber Takes Top Spot for Fifth Year
U.S. P/C Posts $35B YTD Underwriting Gain; By-Line Premium Growth Revealed
Earlier this month, AM Best provided its initial tally of year-to-date financial results for U.S. property/casualty insurers, reporting a $34.9 billion net underwriting gain through the first nine ...
AI, Litigation Funding and Market Crosscurrents: What CM Readers Cared About in 2025
As 2025 unfolded, Carrier Management readers gravitated toward features that explored the intersection of technology, economics, and strategy. From artificial intelligence transforming underwriting ...
Adapting Insurance Talent Models for a More Volatile, Tech-Driven Market
Los Angeles Angels Settle Lawsuit With Pitcher Tyler Skaggs’ Family Over Fatal Overdose
The Los Angeles Angels reached a confidential settlement Friday with the family of late pitcher Tyler Skaggs after a lengthy trial that detailed drug use by players. The two-month trial centered on ...
Insurance Costs, Climate Concerns Factor Heavily in U.S. Home Buying Decisions
Though nearly half of U.S. homeowners are considering a move, this year is expected to bring greater market stability, according to an inaugural report on homeownership trends by Kin. The ...
6 Warning Signs for Insurers: How to Anticipate, Respond to Pipe Freezes
The polar vortex and related harsh weather conditions in many parts of the U.S. last winter led to elevated risks of pipe-freeze incidents from the Northeast and Midwest all the way down through the ...
Surge of Supercharged Hurricanes Prompt Call for Cat 6 Classification
Scientists warn that warming sea surface temperatures are fueling a surge of extreme, off-the-charts storms, prompting a new hurricane category. Warm, deep ocean hot spots are leading to stronger and ...
Federal Bill Proposes the Use of AI, Telematics to Improve Road Safety
New legislation, which proposes to address safety and increase efficiency on roads and highways, was introduced by U.S. Senators John Boozman (R-AR) and Alex Padilla (D-CA) last week. The bill would ...
Artificial Intelligence on Trial: What Recent Lawsuits Reveal About Casualty Exposure
Howden US Tells Judge Brown & Brown Employees Fled Due to ‘Mistreatment’
In a Christmas court filing, Howden US filed its response to a request by rival Brown & Brown for a temporary restraining order, saying the recent exodus of Brown & Brown employees to Howden ...
Execs, Risk Experts on Edge: Geopolitical Risks Top ‘Turbulent’ Outlook
Global business leaders and risk experts see more turbulent near- and long-term risk horizons, with geopolitical risks now topping weather and technological risks as immediate risks, according to the ...
Goldman Sachs Warns U.S. Grids Face Power Crunch by 2030
Almost all U.S. power grids will lack critical spare capacity by 2030 as demand surges to supply data centers, with bottlenecks threatening to hand China an edge in the artificial-intelligence boom, ...
Foreign Made Drones Will Be Banned in the U.S.
The U.S. Federal Communications Commission announced on Monday that it is banning imports of all new models of foreign-made drones and critical components, including those from China's DJI and Autel, ...
Executives on the Move at Liberty Mutual, Cowbell, W. R. Berkley
NY Governor Proposes Crackdown on Fraud to Reduce Auto Insurance Costs
New York Governor Hochul's State of the State address proposes a crackdown on fraud to limit the rising costs of auto insurance. "Car insurance rates are just too damn high, especially at a time when ...