Underwriting & Pricing
Storm Counts, Landfalls and Losses: The Hidden Risk Behind a ‘Quiet’ Hurricane Season
Some observers may label the 2025 Atlantic hurricane season as a "quiet" year due to zero U.S. hurricane landfalls, but from an insurance and catastrophe risk perspective, that conclusion misses the ...
U.S. Personal Lines Insurers Ask for Less Rate After Period of Catch-Up
It appears as though auto and home insurers have caught up, appropriately matching premium to risk in their portfolios. According to a new report from insurance industry rating agency AM Best, rate ...
The Insurance Affordability Squeeze: Why Auto Carriers Are at an Inflection Point
For many drivers, auto insurance has quietly become one of the fastest‑rising household expenses—one they can no longer absorb without trade‑offs. A combination of more volatile weather, higher ...
Growth Going to be Hard: Abel Talks GEICO, Berkshire Tech Transformation
"It's not going to be easy to just restart the growth engine." Berkshire Hathaway Chief Executive Officer Greg Abel was referring to a challenge ahead of auto insurer GEICO during the annual meeting ...
Travelers to Expand Homeowners Insurance Offering in California
The Travelers Companies said it intends to expand its homeowners insurance offerings across California. Travelers notified the California Department of Insurance it intends to expand homeowners ...
Executive Viewpoint: Why Insurers Are Struggling to Keep Pace With Risk
Insurers have built an industry around models that are inherently stable. You assess risk over time, price it in cycles and adjust it with a degree of predictability. That model is under strain, not ...
Viewpoint: Driving Sustainable Underwriting Performance With Data and Discipline
International insurance markets are entering a new phase of the cycle. Rates have become increasingly competitive across the majority of business classes for some time, with recent market reports ...
State Farm’s California Homeowners Rate Request: It’s Settled — Almost
The long back-and-forth struggle between State Farm General Insurance Company, the California Department of Insurance and Consumer Watchdog is winding down, with the parties agreeing that an ...