Hippo Holdings reveals a detailed growth and profitability plan through 2028, leveraging technology and a partnership with Baldwin Insurance Group to expand its homeowners and new home insurance offerings.
5Star Life Insurance Company secures a place on Forbes' World’s Best Insurance Companies list for the third consecutive year, recognized for growth and customer service excellence in the U.S. life insurance market.
The U.S. personal auto insurance industry reported improved underwriting results in 2024 with a net combined ratio of 95.3, driven by strong premium growth and loss control. However, legal system abuse and regulatory challenges pose ongoing risks to profitability and market stability.
Mercury Insurance appoints Steve Bennett to lead climate and catastrophe science efforts, focusing on risk mitigation strategies to sustain property and casualty insurance in high-risk areas affected by extreme weather events.
Global Indemnity Group appoints Jason C. Murgio to its Board, emphasizing growth and innovation in insurance mergers and acquisitions. Murgio's experience will support GBLI's strategic direction.
Car insurance companies are prioritizing suspended licenses over speeding tickets in underwriting and pricing strategies, indicating an evolving approach to risk assessment.
NOAA's decision to stop updating its billion-dollar weather disaster database may increase U.S. insurance costs and reduce market transparency amid rising climate-related risks.
Insurers targeting Gen Z and millennials face challenges including low trust and product complexity. Simplifying purchases and enhancing financial education are key to engagement.
Travelers Companies posts robust Q1 revenue and adjusted earnings, outpacing S&P 500 gains with a "Moderate Buy" analyst rating. Key insights on TRV stock performance and market position.
UnitedHealth Group's former CEO Andrew Witty retires following financial setbacks and leadership transition. CEO Stephen Hemsley initiates independent reviews of risk adjustment and managed care practices.
