Ahead of a decision from California’s insurance commissioner on a State Farm General request for emergency rate increases, company executives...
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Articles by Susanne Sclafane
After reporting a $13 billion underwriting loss in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss...
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Most insurance executives surveyed last year believe they have “an ethical obligation” to close the protection gap—and also believe that...
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Although Mercury Insurance Group expects gross losses from the 2025 California wildfires in the $1.6 billion-$2.0 billion range, potential subrogation...
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Mercury General Corporation said it expects losses from wildfires burning in California since Jan. 7 to exceed its $150 million...
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When actuary Greg Fears attended a Western Region Captive Insurance Conference in April, he expected to learn and share information...
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Although Berkshire Hathaway’s Warren Buffett and Ajit Jain told investors last month that GEICO is playing catch-up with Progressive to...
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“There could be a liability crisis in reinsurance in a couple of years,” a reinsurance executive predicted this week. Ken...
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Although insurers can help to stop the growth of social inflation, they can’t lead the effort, an industry executive said...
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The insurance industry came in sixth in a ranking of 10 major industries based on current AI risk, and seventh...
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