Whatever happened to DEI?
Diversity, equity and inclusion programs face backlash as many companies eliminate or revamp them.
Doug Bailey is a journalist and freelance writer who lives outside of Boston. He can be reached at [email protected].
Doug Bailey
Experts project Trump tariffs will boost car insurance costs
Insurify projects tariffs would boost the national average cost of full-coverage auto insurance significantly.
Northwestern Mutual sees record dividend, surplus
Northwestern Mutual reported record-breaking financial results, declaring its highest-ever policyholder dividend and a sky-high surplus.
While U.S. mortality spike is normalizing, 5 troubling trends continue
While the alarming spike in U.S. mortality rates post-COVID appears to be normalizing, troubling trends continue.
Despite LTC loss, Genworth sees net income growth, CareScout expansion
Genworth Financial reported results for Q4 and full-year 2024, citing continued success in long-term care rate actions.
Despite $500M wildfire loss, AIG reports strong Q4, 2024 earnings
Despite challenges from natural catastrophes, including the California wildfires, AIG earns Q4 net income of $898 million.
Conduent State Healthcare ruling sets stage for retrial
The complex $400 million case of Conduent State Healthcare versus AIG Specialty Insurance Company moves to next stage.
Allstate reports strong Q4, 2024 performance; investments cited
Allstate Corporation ended 2024 on a high note, reporting strong financial and strategic performance in the fourth quarter and 2024.
Supreme Court to look at ERISA rules in upcoming Cornell case
How much proof of mismanagement or financial malfeasance do you need before you can legally accuse your retirement plan of ripping you off?
Should oil, gas co.’s be accountable for climate change-related disasters?
A California lawmaker has filed a bill to make oil and gas companies accountable for climate change-related natural disasters.
Called ‘duplicative bureaucracy,’ Federal Insurance Office is targeted
Republican Rep. Troy Downing has made abolishing the Treasury Department’s Federal Insurance Office his priority as a freshman congressman.
2024 insurance agency mergers slow, show signs of surge in 2025
There were 750 announced insurance agency mergers and acquisitions in 2024, down about 10% from the 833 reported in 2023.
Lawsuits target use of driver data by insurers, automakers
Recent lawsuits allege driver data from embedded auto technology and mobile apps is being used unethically and illegally.
Trump pick for Treasury: extending tax cuts the ‘most important’ issue
Trump’s pick for Treasury secretary, Scott Bessent, says letting the 2017 tax expire would unleash a $4 trillion tax hike that could crush the U.S. economy.
Are the $30B LA fires a tipping point for the Calif. insurance market?
There’s a consensus forming that the LA fires tragedy has already wrought a tipping point in several areas, including California insurance.
Colo. lawsuit: Does Hertz qualify as an insurer?
A rental car accident spurs the question of whether Hertz qualifies as an insurer. The Colorado Supreme Court is due to take up the case.
3 UnitedHealthcare affiliates ordered to pay $165M in Mass. lawsuit
Three health insurance companies affiliated with UnitedHealthcare have been ordered to pay $165 million for deceptive marketing practices.
The rising tide of insurance fraud: an estimated $308B problem
Insurance fraud is a systemic problem that costs billions of dollars every year and impacts regulators, insurers, and consumers alike.
Disability claims skyrocket, raising new puzzle alongside ‘excess mortality’
Along with a baffling rise in post-pandemic mortality rates, the number of Americans claiming disabilities has skyrocketed since 2020.
The insurance industry 2025: What’s ahead?
With so many variables swirling around the insurance industry, forecasting what’s ahead is fraught with unusual difficulty.
