Trending Carriers Headlines

The most viewed headlines from our Carriers Topic Page over the last 30 days.

#1 AM Best: Tariff Uncertainty Could Lead to Credit Rating Changes for Insurers

Apr 15 2025 // According to AM Best, the balance sheets of insurers can be pressured by the stock and bond market volatility caused by recent tariffs, resulting in financial exposure that could lead to some changes in credit ratings.The...

#2 Staff Cuts Help Fuel GEICO Profit; Auto Insurer Not ‘Pouring Money’ Into AI

May 5 2025 // He’s not yet ready to declare “mission accomplished,” but Ajit Jain, vice chair of Berkshire Hathaway’s insurance operations, said the conglomerate’s personal auto insurer, GEICO, is no longer...

#3 Vermont Takes Over Medical Liability Insurer CARE RRG Facing $35.4M Judgment

Apr 28 2025 // A Vermont Superior Court has approved a state takeover and rehabilitation plan for a medical professional liability insurer for 1,300 physicians that the state says is in hazardous financial condition as a result of a...

#4 Global Natural Disasters Cost Insurers $53B in Q1, With Economic Losses of $83B

Apr 21 2025 // Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025 – claims driven by California’s wildfires of approximately $38 billion, or 71% of total insured losses...

#5 WV Commissioner Posts Guidelines on Insurers’ Use of Aerial Images

Apr 28 2025 // After receiving multiple inquiries about the use of aerial images in property insurance nonrenewals, West Virginia’s insurance commissioner has posted guidelines for insurers’ use of the technology.In a...

#6 New York School District Sues Two Insurers Over Coverage for Child Victim Claims

May 8 2025 // A Long Island school district is accusing two insurers of ducking their responsibilities to defend and indemnify it against lawsuits by former students claiming they were sexually abused by an elementary school teacher...

#7 US Excess & Surplus Lines Boost London Market Re/Insurers’ Topline Growth

Apr 16 2025 // The U.S. excess and surplus (E&S) lines market continues to offer profitable growth opportunities for insurers and reinsurers in the London market – which could help counteract some possible headwinds, according to a...

#8 Lawsuits Accuse Insurers of Colluding to Drop Coverage in Fire-Prone Parts of California

Apr 23 2025 // Two lawsuits filed in Los Angeles allege major home insurance companies have colluded to limit coverage in California communities at high risk for wildfires and force homeowners onto the state’s last-resort insurance...

#9 UK’s Admiral Group to Sell Its US Insurer Elephant to J.C. Flowers

Apr 22 2025 // United Kingdom’s Admiral Group has agreed to sell its U.S. insurance business — Elephant Insurance Co. and Elephant Insurance Services— to the private investment firm J.C. Flowers & Co. for an undisclosed...

#10 New Louisiana Law Mandates Discount Disclosures for Insurance Companies

May 6 2025 // Louisiana Insurance Commissioner Tim Temple sent out an announcement this week to all property and casualty insurance companies notifying of a statue that requires insurers to disclose all available discounts that could...

#11 Insurer Coalition: Costs From Business Email Compromise Rise in 2024

May 12 2025 // About 60% of claims handled by cyber insurer Coalition were from business email compromises—and about a third of those including funds transfer fraud.According to its “2025 Cyber Claims Report,” Coalition...

#12 Japanese Insurer MS&AD Plans to Invest as Much as $5 Billion to Double US Profits

Apr 22 2025 // MS&AD Insurance Group Holdings Inc. plans to invest as much as about ¥700 billion ($5 billion) to expand in the North American market, to meet its goal of doubling operating profits in the region, according to its...

#13 AM Best Revises Outlook to Negative for Missouri Valley Mutual Insurance Company

Apr 30 2025 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Missouri Valley Mutual Insurance...

#14 This Texas E&S Carrier Is Implementing Natural Language Processing

May 2 2025 // At AM Specialty Insurance Co., Nishad Lad, head of data and software development, has been placed at the forefront of transforming the Dallas, Texas-based excess and surplus carrier’s claims processing with new...

#15 Tech Update: WTW Launches AI Monitoring Tool ‘Radar Vision’ for Insurers; Tariff Simulator Added to Marsh McLennan’s Sentrisk

Apr 30 2025 // WTW has announced the North American launch of Radar Vision, an AI-driven performance monitoring tool custom-built for insurers.The global insurance industry has been turbulent for a few years, with significant inflation...

#16 Insurers Paid $612M on Kansas Storm Damage Claims in 2024

May 5 2025 // Kansas Insurance Commissioner Vicki Schmidt released data last month on the amount paid by insurance companies for Kansas storm damage claims in 2024. In 2024, reported storm claims totaled 56,778 and the amount paid out...

#17 British Insurer Marshmallow Valued at $2 Billion With BlackRock Backing

Apr 15 2025 // British car insurance startup Marshmallow has almost doubled its valuation to more than $2 billion after a funding round that was backed by new investors BlackRock, Columbia Lake Partners and Portage.The firm, which offers...

#18 Swiss Insurers Helvetia and Baloise to Merge to Create Top 10 Company

Apr 22 2025 // Helvetia and Baloise plan to merge to create Switzerland’s second-largest insurance group with a combined business volume of 20 billion Swiss francs ($24.69 billion), the pair said on Tuesday.The new group, to be...

#19 More Russian Insurers Seek Indian Nod for Oil Tanker Coverage

Apr 25 2025 // Four new Russian companies have sought India’s approval to provide insurance for crude oil tankers docking at ports in the South Asian nation, according to people familiar with the matter.India’s shipping...

#20 Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube Report

Apr 21 2025 // Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output.“This...