The most popular articles and news offered by Carrier Management.

Are MGAs Winning the Insurance Talent War?

With more than 1,000 managing general agents writing roughly $70 billion in direct premiums last year, researchers at Conning believe one growth driver is the fact that the MGA model attracts talent. ...

Travelers CEO on Signs of Recession: ‘Not Yet’

With inflationary effects still hitting the books of property/casualty insurers, including Travelers, analysts are worrying about the next macroeconomic shoe to drop—a recession. But the leader of ...

Are 4-Day Workweeks, Flexible Hours the Future?

A four-day workweek sounds appealing to workers, possibly alarming to employers. A bill introduced in the California legislature earlier this year proposed a regular pay rate for 32 hours of work per ...

Lemonade Lays Off Metromile Employees Immediately

Immediately after Lemonade closed its deal of Metromile on July 28, job boards lit up with news of layoffs at the acquired company. Former Metromile employees have been posting the news on LinkedIn, ...

Tech Arms Race Favors Giant Commercial Carriers

Midway through a recent interview, the leader of a key business at The Hartford paused to ask a question relevant to executives at carriers that don't have 11-digit premium volumes or capital levels ...

Viewpoint: Don’t Leave a Legacy of Legacy Systems

Insurers are not typically thought of as disruptors. You know, the ones anticipating change, willing to ride the waves, and making drastic changes based on where the market will be rather than merely ...

Cyber Insurance Gap Growing: Survey Report

According to a survey report released yesterday, not only are most North American businesses still not buying cyber insurance, but those that are don't buy enough limit to cover last year's median ...

Progressive Corp. Records Second-Quarter Loss

Progressive Corp. said Friday it recorded a loss of about $543 million for the second quarter 2022 and a loss of $436.7 million in June. To date, Progressive is in the red with a bottom-line net loss ...

Reserves and Inflation: Insurers Got This!

According to an analysis of loss reserves published in mid-March by Assured Research, 2021 marked the 16th straight year that the U.S. P/C industry's loss reserves developed favorably—by about ...

So, You Think You Can Multitask

With all the electronics, smartphones, email and digital stuff that comes at us from every angle in this age of information overload, we not only have the opportunity to try to multitask, but many ...