Underwriting & Pricing
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 ...
Beyond Automation: The Emerging Role for Contextual AI in Insurance
The wave of excitement about artificial intelligence is breaking across virtually every industry. We are discovering in the insurance industry that the current generation of tools may have the ...
We’re No Longer Pressured to Push for Rate ‘Across the Board,’ Berkley Says
W.R Berkley reported a "flattish" top line but nearly 15% growth in underwriting income for fourth-quarter 2025 this week. The chief executive also signaled a change in the level of rate increases ...
To Bundle or Not: Kin Now Offers Auto and Home Insurance in Florida, Texas
Kin, a direct-to-consumer digital personal lines insurer, announced the launch of auto insurance in Florida and Texas. The auto insurance is currently available as part of a bundle or as a standalone ...
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. ...