General Mills, Golden Valley, announced the election of Chief Operating Officer Dana McNabb to succeed Jeff Harmening as chief executive officer, effective Jan. 1. Brennan has held executive positions with Transamerica, Ascensus, Definiti and TIFIN@ Work.… Minnesota Lawyers Mutual Insurance Co., a Minneapolis- based provider of lawyers’ professional liability…
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Property-and-casualty insurer The Hartford announced Wednesday that its CEO, Christopher Swift, planned to step down from the position next year, and that the company's president, A. Morris "Mo" Tooker, would succeed him. Tooker, 57, is scheduled to start as CEO on the same date, a changeover that will make him the 17th person to hold the top position at one of…
Car insurance is expensive, and insuring young adult drivers adds to the cost. "It’ s not an age question," said Mark Friedlander, a spokesperson for the Insurance Information Institute, an industry group. Douglas Heller, director of insurance at the Consumer Federation of America, an association of nonprofit consumer advocacy groups, agreed that there was no…
The recent nor'easter that slammed the Outer Banks was a not-so-subtle reminder that hurricane season is still upon us and will continue until November 1. As pointed out by the North Carolina Department of Insurance, the first thing that homeowners need to keep in mind is that their standard homeowners policies do not cover flood damage.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of“ a-” of Enact Re Ltd.. The outlook of these Credit Ratings is stable. ERL is a Class 3 A Bermuda reinsurer and a direct subsidiary of Enact Mortgage Insurance Corporation, the flagship private mortgage insurer within the Enact Holdings, Inc. organization.
Governor Gavin Newsom has signed nine Department of Insurance-sponsored bills this year championed by Insurance Commissioner Ricardo Lara, delivering major new protections for wildfire survivors, increasing accountability for insurers, modernizing consumer safeguards, and expanding access to critical health care services for Californians.
The 48-hour service rule driving commercial account retention
Four critical data signals show where commercial client loyalty lies.
Consumers don’t trust AI as much as insurers think they do
Insurers may be excited about deploying artificial intelligence across a growing number of business lines. Still, they must remember their clients may not feel the same, a new report from Hi Marley suggests.
The following information was released by the Montana Commissioner of Securities and Insurance:. State Auditor James Brown recognizes the Montana Supreme Court's recent ruling affirming the conviction of a Butte bail bondsman for deliberate homicide by accountability and aggravated burglary, and in doing so, providing legal clarity on restrictions for…
Sep. 30— Property-and-casualty insurer The Hartford announced Wednesday that its CEO, Christopher Swift, planned to step down from the position next year, and that the company's president, A. Morris "Mo" Tooker, would succeed him. Tooker, 57, is scheduled to start as CEO on the same date, a changeover that will make him the 17th person to hold the top position at one of…
Neptune Insurance Holdings, Inc., the largest private flood insurance provider in the United States, today highlighted a new way for consumers to shop for flood insurance: asking their personal Muse agent to do it for them. The emergence of AI agents, like Meta’ s Muse, capable of browsing the web, completing forms, and performing multi-step tasks has the potential…
Chubb Perú initiated operations in 1998 as Altas Cumbres; in 2007, it was acquired by ACE Group and named ACE Seguros S.A., until 2016, when ACE Limited acquired The Chubb Corporation and rebranded the company name. As of December 2025, 47% of the company’ s gross written premiums were composed of property/casualty products, with accident and health comprising…
As Texas Republicans vow on the campaign trail to once again wage war on the state's high property taxes, among the highest in the nation, a clear victor has already emerged: older homeowners. In the wake of additional cuts the Legislature passed last year, some 60% of Texas homeowners age 65 and up no longer pay school property taxes, the largest portion of property…
ATLANTA— With gasoline prices topping $4 a gallon less than two weeks ahead of early voting, Democrat Keisha Lance Bottoms pledged to cut driving-related taxes. Standing outside a BP gas station near Georgia Tech on Wednesday, Bottoms said that if voters choose her as the state's next governor over Republican Rick Jackson, she will seek to eliminate the state's…
Motor vehicle lawsuits have risen sharply over the past decade, adding to costs that can affect what consumers pay for auto insurance, according to a new analysis from the Insurance Information Institute and the Casualty Actuarial Society. The analysis estimates the increase in motor vehicle tort litigation at $43.84 billion from 2015 to 2024, accounting…
Despite increased use of AI in the insurance shopping process 1 and direct-to-consumer marketing efforts by carriers, independent insurance agents still write 62% of all property and casualty polices in the United States 2, making them a critical link in the industry ecosystem. According to the JD Power 2026 U.S. “Insurance has always been a…
The following information was released by the California Department of Insurance:. Nine Department-sponsored bills improve wildfire recovery, hold insurers accountable, expand health care protections, and continue California's historic consumer protection reforms. Governor Gavin Newsom has signed nine Department of Insurance-sponsored bills this…
Senator Tina Smith's bipartisan legislation to safeguard the availability of terrorism risk insurance coverage passed the full Senate by a unanimous vote. Roughly 60 percent of American businesses have terrorism risk insurance, which could become unavailable without further action by Congress. Sen. Smith led the bipartisan Terrorism Risk Insurance…
eMaxx today announced that Rob Gronkowski has been named company spokesperson. “eMaxx is a property and casualty provider built for businesses that take risk management seriously,” said Brian K. McCarthy, CEO and President, eMaxx.“ Rob’ s commitment to teamwork reflects the values of Members, and we are proud to welcome him as the Company’ s spokesperson.”.
OKLAHOMA CITY— An interruption from the gallery briefly brought a high-profile homeowners insurance lawsuit hearing to a halt Monday morning before Oklahoma County District Judge Amy Palumbo ordered 11 internal State Farm documents to be stripped of their confidential status. State Farm case, had started reading from a recent deposition on Sept. 28.
