U.S. Commercial Auto Insurance Sector Posts $10B Underwriting Losses in Two Years
AM Best report reveals $10 billion underwriting losses in U.S. commercial auto insurance over two years, driven by loss severity, social inflation, and reserve issues.
AM Best report reveals $10 billion underwriting losses in U.S. commercial auto insurance over two years, driven by loss severity, social inflation, and reserve issues.
Inszone Insurance Services acquires Texas-based Head Insurance, enhancing its national platform with over a century of local expertise and expanding client access to broader coverage options and technology.
AM Best affirms A (Excellent) Financial Strength Ratings and stable outlooks for American Family Mutual Insurance Company and affiliates, citing strong capitalization and operational performance.
Guidewire Software delivers strong financial results with 26% stock gain and efficient customer acquisition, boosting its position in insurance technology.
BCG Pension Risk Consultants enhances its defined benefit pension plan services by hiring experienced actuarial experts, reinforcing its market leadership in pension risk transfer and de-risking solutions for plan sponsors.
National Life Insurance Awareness Month sheds light on widespread financial vulnerabilities due to underinsured families and promotes affordable, tailored life insurance solutions from Amica Insurance.
Analysis of major U.S. large-cap stocks CSX, The Hartford, and Copart highlights valuation metrics and market trends affecting freight rail, insurance, and automotive auction sectors.
Liberty Mutual Insurance introduces Infrastructure Solutions unit within Global Risk Solutions to support complex infrastructure projects with specialized underwriting and risk management.
The Hanover Insurance Group earns top spots on TIME's World's Best Companies and Forbes' America's Best Insurance Companies, underscoring its excellence in P&C insurance, employee engagement, and sustainability.
Explore how hybrid parametric insurance combines traditional coverage with automated triggers to speed disaster recovery claims and improve insurer responsiveness.