Sompo's $3.5B Acquisition of Aspen Boosts ROE and Specialty Lines
Sompo Holdings acquires Aspen Insurance for $3.5 billion, aiming to enhance ROE and diversify into growing specialty insurance sectors including cyber, credit, and political risk.
Westfield Appoints Henning Haagen as Chief Underwriting Officer
Westfield Insurance names Henning Haagen as Chief Underwriting Officer to lead enterprise underwriting strategy and portfolio management, enhancing underwriting performance and profitability.
US Excess Casualty Rate Increases Moderate from 2024 Peak
US excess casualty insurance rates remain elevated but are moderating, especially in high excess layers, signaling a shift in market pricing dynamics after 2024's peak increases.
Baker Tilly Supports P&C Insurer in NAIC AI Governance Compliance and Maturity Assessment
Baker Tilly partnered with a mutual P&C insurer to validate compliance with the NAIC Model AI Bulletin and benchmark AI governance maturity, delivering a strategic roadmap for responsible AI adoption in insurance.
CCC and Elitek Advance AI Automation in Collision Repair and Insurance Tech
CCC Intelligent Solutions and Elitek enhance collision repair automation with AI-driven workflows, boosting efficiency in the P&C insurance claims process.
Honeycomb Insurance Doubles 2024 Sales with Trisura Partnership Enhancing Admitted Footprint
Honeycomb Insurance expands its admitted footprint and doubles sales in 2024 through a partnership with Trisura, leveraging AI-driven underwriting for competitive property and casualty coverage across 18 U.S. states.
Insurity's Excellence in Insurance Conference Focuses on AI, Risk, and Talent
Insurity's 2025 Excellence in Insurance conference targets key challenges in P&C insurance with AI, risk management, and workforce strategies for industry innovation.
Applied Home National Underwriters CEO Bob Courtemanche Departs After Two Years
Applied Home National Underwriters announces CEO Bob Courtemanche's departure after two years, signaling leadership transition in the P&C insurance sector.
OneShield Enhances Leadership to Accelerate AI-Driven Insurance Tech Growth
OneShield announces leadership transition to strengthen growth and AI-driven product innovation in P&C insurance software solutions.
Homeowners Insurance: Liability Risks and Coverage for Residential Swimming Pools
Understanding liability risks associated with residential swimming pools and the importance of updating homeowners insurance policies to ensure adequate coverage.