In 2024, commercial auto insurers faced a $4.9 billion underwriting loss driven by an 8% annual increase in claim severity, highlighting persistent challenges from social inflation and risk management in the U.S. market.

CIC Services and Ragnar Group launch a group captive insurance program tailored for U.S. restaurants and bars to improve risk classification and optimize premiums.

Explore the U.S. Excess and Surplus (E&S) insurance market trends featuring modest property rate decreases, variable casualty pricing, and the rising use of AI-driven underwriting technology.

Heritage Insurance stock rises 11.7% on strong underwriting discipline and enhanced reinsurance program, positioning for growth in property and casualty insurance market.

Liberty Mutual Insurance introduces Infrastructure Solutions unit within Global Risk Solutions to support complex infrastructure projects with specialized underwriting and risk management.

Explore how AI integration in U.S. insurance companies is boosting operational efficiency, premium growth, and dividends for investors.

AmTrust Financial Services partners with Blackstone to spin off managing general agencies and expands its excess and surplus insurance division, bolstering underwriting capacity and leadership.

WTW and Sompo Holdings partner to deploy AI-powered Radar technology, transforming auto insurance pricing and underwriting with advanced data analytics in Japan and beyond.

Sapiens launches CoreSuite 13.0 with AI-driven underwriting and enhanced claims and billing tools, improving operational efficiency for North American P&C insurers.

Specialty insurance firms H.W. Kaufman Group, CRC Group, and AM Specialty Insurance announce key leadership changes to enhance underwriting expertise, operations, and strategic growth in the U.S. and global markets.