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Davies bets big on North America – and even bigger on AI

As it prepares to close its biggest deal to date, the firm is also doubling down on agentic and generative AIClaimsBy Gia SnapeDec 04, 2025ShareDavies’ largest-ever acquisition – its deal to purchase SCM Insurance Services, Canada’s largest claims processing and risk solutions provider – comes at a pivotal moment for the UK-based professional services and technology group.While the transaction cements its leadership position in Canada’s insurance...

David Smith in Insurance News 2025-12-10 19:36:55

CFC launches cyber tool to bridge SME protection gap

Specialist is betting that personalised threat reports written in plain business language can unlock a massive untapped marketCyberBy Kenneth AraulloNov 27, 2025ShareCyber insurance specialist CFC has launched a new tool designed to assist brokers in engaging small and medium-sized enterprise clients on cyber risk and expanding their customer base within the SME sector.The Cyber Threat Review reports provide targeted threat analysis to individual...

Michael Miller in Insurance News 2025-12-19 10:16:28

APCIA supports bill to limit foreign influence in US litigation

Foreign-backed litigation can increase exposures and drive up claims costsInsurance NewsBy Josh RecamaraNov 23, 2025ShareThe American Property Casualty Insurance Association (APCIA) has expressed strong support for the Protecting Our Courts from Foreign Manipulation Act, introduced by Sen. John Kennedy (R-La.) (pictured, left).The legislation is aimed at safeguarding the integrity of the US civil justice system and protecting national security, a...

David Williams in Insurance News 2025-12-18 10:34:13

Michigan auto insurance premiums down 18.8% five years after no-fault reform

Analysis credits sharp declines to policyholders choosing limited or no PIP medical benefitsMotor & FleetBy Kenneth AraulloDec 04, 2025ShareAverage personal auto insurance premiums in Michigan fell 18.8%, or $357, in the five years after the state’s no-fault reform, according to a legislatively commissioned study released by the Michigan Department of Insurance and Financial Services.The analysis, conducted by Milliman, focused on private pas...

Jennifer Jones in Insurance News 2025-12-07 00:36:52

New York court strips GEICO's authority to deny no-fault claims

Find out how a $390k kickback scheme between an acupuncturist and unlicensed people changed no-fault rulesLegal InsightsBy Matthew SellersNov 26, 2025ShareA New York Court of Appeals decision limits insurer authority to deny no-fault claims over alleged healthcare provider misconduct, reshaping fraud-fighting strategies across the industry.That's the practical upshot of a ruling handed down November 24, 2025, in Government Employees Insurance Com...

Jennifer Williams in Insurance News 2025-12-01 17:48:46

NY court revives Suffolk County Water Authority carpal tunnel claim

Doctors' addendums push the scales as board's read draws fireLegal InsightsBy Matthew SellersNov 24, 2025ShareA New York appellate panel has reinstated a former Suffolk County Water Authority worker’s carpal tunnel claim, finding the Workers’ Compensation Board overlooked key medical updates that supported a workplace cause. The court reversed the denial and sent the case back for a fresh review. Frank McGann spent 32 years with the Authorit...

Jane Brown in Insurance News 2025-12-17 08:27:03

Industry groups back California Commissioner's insurance reform

Delays, outdated regulations push groups to demand change in the state’s rate approval processInsurance NewsBy Insurance BusinessNov 21, 2025Share.main_content .h1,.main_content h1{font-size:32px}.main_content .h2,.main_content h2{font-size:24px}.main_content .h3,.main_content h3{font-size:18px}.main_content .h4,.main_content h4{font-size:16px}A broad coalition of consumer and industry groups has rallied behind Commissioner Ricardo Lara’s insuran...

Robert Miller in Insurance News 2025-12-18 19:06:11

Baldwin, CAC to combine in transformational $1-billion deal

The combination will surpass $2B in revenue with deepened specialty and middle-market strengthsInsurance NewsBy Insurance BusinessDec 02, 2025ShareThe Baldwin Group has agreed to merge with CAC Group in a landmark transaction that will combine two fast-growing US brokerages into what is expected to become the largest majority colleague-owned, publicly traded insurance broker in the country.In an announcement, Baldwin revealed that the transaction...

Jennifer Jones in Insurance News 2025-12-25 15:50:14

State Farm loses Maryland UIM jurisdiction battle

State Farm's attempt to shift a modest UIM claim to circuit court just backfired in Maryland's highest courtLegal InsightsBy Matthew SellersNov 26, 2025ShareState Farm consented to settle. Then demanded circuit court. Maryland's high court said no – clarifying where UIM disputes belong.When George Bowens' car was hit by an underinsured driver in February 2023, the path seemed clear: collect from the other driver's insurer, then pursue his own und...

Jane Brown in Insurance News 2025-12-10 11:40:33

Insurance moves: AXIS and SageSure

They include a new sales chief and head of delegated strategyInsurance NewsBy Josh RecamaraDec 02, 2025ShareThe insurance sector is seeing targeted leadership moves as companies position themselves for growth in the delegated authority and specialty markets. AXIS Capital Holdings and SageSure have both announced senior appointments to drive underwriting, distribution, and producer engagement strategies.AXIS appoints head of delegated strategyAXIS...

Robert Davis in Insurance News 2025-12-05 16:21:15

Stop loss insurance market expands as employers seek protection against high-cost claims

The insurance is becoming more and more essentialInsurance NewsBy Josh RecamaraDec 01, 2025ShareThe global stop loss insurance market is seeing strong growth as organizations increasingly adopt self-funded health plans to manage exposure to high-cost medical claims.Stop loss insurance protects employers by capping their financial liability for catastrophic or unpredictable claims, ensuring that unexpected medical expenses do not threaten organiza...

Jennifer Miller in Insurance News 2025-12-02 06:36:04

Airbus hit by new A320 scare - hundreds of aircraft need checks

Structural defect issue hits manufacturer with more issuesInsurance NewsBy Insurance BusinessDec 01, 2025ShareAirbus has warned customers that more than 600 A320neo-family aircraft will need structural checks after discovering that exterior fuselage panels on some jets may fall outside manufacturing specifications, in the latest headache for airlines relying on the workhorse single-aisle type to meet tight capacity plans.Liability and product ris...

John Johnson in Insurance News 2025-12-21 06:32:59

It's only rock and roll (but I like it)

Stadiums are shaking, legends are ageing and the numbers aren't getting easier: inside the actuarial paradox of insuring rock's last giantsInsurance NewsBy Bryony GarlickNov 21, 2025ShareImage from: Raph_PH, CC BY 2.0 <https://creativecommons.org/licenses/by/2.0>, via Wikimedia Commons AC/DC’s return to Melbourne’s MCG last week - despite frontman Brian Johnson turning 78 and guitarist Angus Young now 70 - was power...

John Brown in Insurance News 2025-12-25 21:50:24

Allstate alleges 17 companies ran $2 million no-fault fraud scheme

Lawsuit alleges five physicians fronted for unlicensed operators across 90 clinicsClaimsBy Tez RomeroNov 21, 2025ShareAllstate has accused 17 shell companies of running a $2 million ultrasound fraud ring through New York's no-fault system.A sprawling insurance fraud network allegedly used fake medical corporations and sham ultrasound clinics to submit fraudulent claims to Allstate, according to a lawsuit filed November 19 in federal court in New ...

David Miller in Insurance News 2025-12-06 08:44:29

Two oil tankers ablaze after ‘external impact'

Maritime Risk Managers, carriers on high alert after suspected shadow fleet casualtiesInsurance NewsBy Matthew SellersNov 28, 2025ShareTwo tankers long associated with sanctioned Russian oil trades caught fire on Friday in separate incidents in the Black Sea, prompting large-scale rescue operations by Turkish authorities and deepening anxieties in a region already troubled by naval mines and shadow-fleet activity.The vessels — the Kairos, a 274-m...

David Johnson in Insurance News 2025-12-14 09:24:34

Crawford & Company names CFO as interim chief executive

Move comes shortly after firm reports strong Q3 financialsInsurance NewsBy Kenneth AraulloNov 24, 2025ShareCrawford & Company has announced that W. Bruce Swain, Jr. (pictured above), will become interim president and chief executive officer effective January 1, 2026.Swain's appointment follows Rohit Verma's decision to leave the position at the end of 2025 to pursue other interests.Swain currently serves as chief financial officer and has spe...

Michael Smith in Insurance News 2025-12-25 00:29:25

Homeowners' insurance outlook stable

New data reveals what's reshaping conditions for carriersInsurance NewsBy Jonalyn CuetoDec 01, 2025ShareAM Best has revised its market segment outlook for the United States homeowners’ insurance segment to stable from negative. The change follows moderating premium growth, enhanced catastrophe risk management practices, and improved conditions in the property reinsurance market, according to the Best’s Market Segment Report, “Market Segment Outlo...

Jennifer Williams in Insurance News 2025-12-18 05:46:34

US severe storm losses set new benchmark as insurers turn to advanced modeling

The storms are establishing a "new normal" for extreme weather lossesCatastrophe & FloodBy Josh RecamaraNov 23, 2025ShareInsured losses from US severe convective storms (SCS) had already reached $42 billion through September 2025, with average per-event costs 31% higher than the previous decade, according to Moody's analysis. The frequency and intensity of these storms are establishing a "new normal" for extreme weather losses, acco...

Sarah Johnson in Insurance News 2025-12-11 06:45:47

Yellowstone sues Argonaut over D&O coverage tied to NYAG probe

Insurer faces lawsuit over D&O response to New York AG caseLegal InsightsBy Tez RomeroDec 02, 2025ShareYellowstone Capital’s leaders are taking Argonaut Insurance to federal court, accusing the carrier of walking away from a D&O claim after a New York Attorney General probe. Filed on November 26, 2025, in the US District Court for the District of New Jersey, the suit comes from Yellowstone Capital LLC and its chief executive, Yitzhak...

Michael Davis in Insurance News 2025-12-25 08:52:47

'A multibillion-dollar platform in motion': United Risk hits top-five MGA status

'We've built one of the strongest management teams in the business'ClaimsBy Emily DouglasNov 24, 2025ShareThe following article was written in association with United Risk.Just two years after its launch in 2023, United Risk has rapidly emerged as one of the world’s top five Managing General Agents (MGAs).In a recent interview, Chairman Jamie Sahara issued an update on the firm’s global growth, operational scale, and strategic leadership expansio...

Emily Brown in Insurance News 2025-12-02 17:38:58

Cyber market stabilizes, but risk and exposure still escalating

Evolving threats, board scrutiny, and pricing gaps keep the sector under pressureCyberBy Chris DavisDec 02, 2025Share.main_content .h1,.main_content h1{font-size:32px}.main_content .h2,.main_content h2{font-size:24px}.main_content .h3,.main_content h3{font-size:18px}.main_content .h4,.main_content h4{font-size:16px}The cyber insurance market may have cooled from its peak volatility, but the risks haven’t gone anywhere. “The state of the cyber mar...

Michael Williams in Insurance News 2025-11-29 14:05:36

Rising healthcare costs force Americans to make tough choices

Even insured Americans are jeopardizing preventive careLife & HealthBy Josh RecamaraDec 04, 2025ShareNew findings from the Nationwide Retirement Institute has revealed that even insured Americans are struggling to manage rising healthcare costs, leading many to delay or skip essential care. According to the results, nearly 37% of insured adults reported avoiding medical care when sick due to costs, and 41% have skipped appointments over ...

David Johnson in Insurance News 2025-12-17 05:32:15

Silence from brokers as Lloyd's reopens investigation into former CEO

A major Lloyd's investigation has drawn global attention - but brokers remain noticeably quietInsurance NewsBy Bryony GarlickDec 02, 2025ShareLloyd’s of London is under renewed scrutiny after reopening an investigation into the alleged promotion of a senior employee said to be in a relationship with its former chief executive, John Neal. The decision follows concerns that an earlier internal review did not fully address the matter. The consequenc...

Jennifer Smith in Insurance News 2025-12-23 22:29:18

Obsidian boosts capital as it eyes further growth

Expansion plans are driving Obsidian's business toward a premium milestoneInsurance NewsBy Insurance BusinessNov 21, 2025ShareObsidian Insurance Holdings, Inc. is expanding its financial capacity to support rapid growth, increasing surplus across its writing companies through a senior notes issuance and additional shareholder investment. The capital boost comes as Obsidian, the parent company of Obsidian Specialty Insuran...

Robert Johnson in Insurance News 2025-12-09 13:13:40

Energy insurance market outlook: Property softens while casualty stays disciplined

Insurers are seeing divergent conditions across P&C linesInsurance NewsBy Josh RecamaraNov 30, 2025ShareAs the energy sector evolves, insurers are seeing divergent conditions across property and casualty lines, shaping coverage options, pricing and risk management strategies for 2026. According to Amwins'State of the Market Report: A Focus on the Energy Marketplace, property markets are broadly softening due to abundant capacity, while c...

John Jones in Insurance News 2025-12-23 10:45:00

Rising pet health costs drive growth and innovation in insurance market

Accident claims this year focused on lameness, fractures, as well as eye injuries and dental issuesInsurance NewsBy Josh RecamaraDec 01, 2025SharePet health costs continue to rise, with varying factors such as breed, age, regional veterinary cost variations and workplace adoption shaping underwriting and pricing strategies.Spot Pet Insurance's 2025 Wrapped report, based on hundreds of thousands of claims, highlighted key patterns in pet injuries ...

Emily Jones in Insurance News 2025-12-14 15:53:02

US shutdown aviation chaos raises fears of spike in workers’ compensation claims

Aviation workers confront heightened risks of physical injury and stress amid a high-pressure periodWorkers CompBy Gia SnapeNov 21, 2025ShareChaos in airline operations triggered by the prolonged US government shutdown has heightened concerns that workers’ compensation claims among aviation-industry employees could rise sharply in the coming months.Earlier this month, the Federal Aviation Administration (FAA) warned of up to a 10 % cut in air-tra...

Robert Williams in Insurance News 2025-12-21 11:00:29

Speed isn't enough - brokers must still lead on coverage quality

Efficiency gains won’t matter if brokers can't deliver better, more competitive coverageTransformationBy Chris DavisDec 03, 2025ShareGetting quotes faster isn't a win if the coverage doesn’t hold up. For Jane Tran (pictured), co-founder and COO of Sixfold, that’s where the industry is missing the point on AI adoption. “Our customers expect us to give them better coverage, more competitive coverage, and more...

Michael Williams in Insurance News 2025-12-07 13:21:57

State Farm cuts auto rates in Georgia

Fraud crackdown and tort reforms drive declining auto rates in the regionMotor & FleetBy Insurance BusinessNov 21, 2025Share.main_content .h1,.main_content h1{font-size:32px}.main_content .h2,.main_content h2{font-size:24px}.main_content .h3,.main_content h3{font-size:18px}.main_content .h4,.main_content h4{font-size:16px}State Farm has received approval for another personal auto rate reduction in Georgia - this time by 3%.The Office of the C...

Michael Brown in Insurance News 2025-12-01 17:02:25

$16 billion in cyberattack losses - seeing patterns others miss

95% of cyber incidents at SMBs cost between $826 and $653,587CyberBy Emily DouglasDec 01, 2025ShareThis article was created in partnership with Tokio Marine HCC – Cyber & Professional Lines Group.  According to The Federal Bureau of Investigation’s Internet Crime Complaint Center, in 2024 the FBI received 859,532 complaints of suspected internet crime and reported losses exceeding $16 billion ...

Robert Jones in Insurance News 2025-12-07 03:57:48

‘Volatility is the new normal’: How middle-market firms can stay ahead in 2026

MMA’s Matt Stadler explains how brokers can help clients turn instability into a strategic advantageInsurance NewsBy Gia SnapeDec 02, 2025ShareUS middle-market businesses are heading into 2026 with a familiar mix of uncertainty and operational pressure.Inflation and supply chain instability remain stubborn, talent shortages continue to grow, and risk exposures are rising across virtually every major line of business. At the same time, the insuran...

Michael Davis in Insurance News 2025-12-24 10:16:37

'Cyber security is no longer just an IT issue': QBE urges cross-functional cyber prep

60% of employees believe they’ve never made a cyber mistake at workCyberBy Emily DouglasDec 04, 2025ShareThis article was created in partnership with QBE.A recent report from QBE found that cyber risk in the workplace is shaped by employee behaviour, not just by technology. According to the report, 60% of employees believe they’ve never made a cyber mistake at work, with 86% adding that they feel confident in their ability to spot cyber threats, ...

Emily Smith in Insurance News 2025-12-17 08:46:17

Black Sea tanker strikes push war-risk premiums higher as underwriters reassess exposure

Drone strikes on Russian-bound tankers drive Black Sea war-risk premiums sharply higherInsurance NewsBy Chris DavisDec 01, 2025ShareWar risk premiums for shipping through the Black Sea have ticked higher after Ukrainian naval drones struck two tankers bound for a Russian port, prompting underwriters to reprice the threat environment and charterers to brace for further volatility, market sources say.War cover repriced after fresh strikesAccording ...

John Williams in Insurance News 2025-12-03 00:21:38

Allianz Commercial establishes Miami hub to deepen LatAm footprint

Region's low insurance penetration presents significant possibilitiesInsurance NewsBy Kenneth AraulloNov 25, 2025ShareAllianz Commercial will open a Latin America hub in Miami in February 2026, the global insurer has announced.The office will centralize resources and expertise to engage with brokers, clients, and partners across Latin America and the Caribbean, while building on the company's presence in Brazil, Mexico, Argentina, and Colombia.Al...

Jennifer Davis in Insurance News 2025-12-20 18:51:15

Eleventh Circuit upholds Old Republic's $47.5 million acquisition as fair value deal

A struggling title insurer's desperate move to avoid regulatory receivership just got a major legal win – and it could reshape how distressed carriers handle survival strategiesLegal InsightsBy Matthew SellersNov 26, 2025ShareEleventh Circuit has ruled a title insurer's $47.5 million asset sale to avoid receivership constitutes fair value – validating a survival strategy for distressed carriers. ATIF, a Florida-...

David Williams in Insurance News 2025-12-13 01:33:51

Widow defeats insurer's bid to block $9 million settlement

A widow's fight over insurance approval reveals a major shift in how courts are limiting carrier power over worker death settlementsLegal InsightsBy Matthew SellersNov 24, 2025ShareWhen Sally Rorapaugh settled her late husband's wrongful death lawsuit for $9 million, she thought the matter was closed. Instead, she faced an unexpected battle: his employer's insurance carrier demanded a cut and threatened to stop her benefits entirely. A New Y...

David Miller in Insurance News 2025-11-30 08:51:28

Eighth Circuit backs Liberty Mutual's denial of absentee homeowner's fire claim

His sons lived there full-time – but they weren't covered eitherLegal InsightsBy Matthew SellersDec 03, 2025ShareThe Eighth Circuit has ruled policyholders must actively reside in properties to claim coverage – validating insurers' strict interpretation of "residence premises" language in homeowners’ policies. In a ruling issued December 1, the U.S. Court of Appeals for the Eighth Circuit sided with Liberty Mutual in a di...

Emily Davis in Insurance News 2025-12-05 03:47:19

Marsh McLennan Agency acquires Hawaii brokerage trio

Deal adds Atlas, Pyramid, and IC International to the national broker's footprintInsurance NewsBy Insurance BusinessDec 02, 2025ShareMarsh McLennan Agency (MMA) has officially announced the acquisition of three privately-owned insurance brokerages based in Honolulu, Hawaii.The transaction involves purchasing the firms from Tradewind Group, an investment company with deep roots in the region.​The strategic deal encompasses Atlas Insurance Agency, ...

John Johnson in Insurance News 2025-12-17 19:41:03

Ryan Specialty expands US offerings with public sector MGU

Chris Connacher was tapped to lead the new divisionInsurance NewsBy Josh RecamaraDec 04, 2025ShareRyan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has launched a new MGU focused on the public sector. Called Ryan Specialty Public Entity, the MGU will provide casualty and auto physical damage coverage to publicly owned, tax-funded entities across the US, on both insurance and reinsurance base...

John Johnson in Insurance News 2025-12-08 07:50:41

Universal child care rollout reshapes risk and insurance considerations for providers

Expansion pressures expose facilities to evolving safety and staffing challengesInsurance NewsBy Gia SnapeDec 02, 2025ShareNew Mexico’s launch of the nation’s first universal child care program is reshaping the operational and risk landscape for child care providers, prompting insurers and brokers to prepare for a wave of new exposures.With demand expected to surge as families gain access to no-cost infant and toddler care, providers across the s...

John Smith in Insurance News 2025-12-25 10:26:05

BOXX Insurance responds to cyber pressures with new assist platform

Latest offering delivers expert guidance and features to take on evolving dangersCyberBy Kenneth AraulloNov 20, 2025ShareBOXX Insurance has introduced Cyberboxx Assist, a new suite of cybersecurity tools and services designed to help businesses and individuals strengthen their digital resilience.The offering aims to support users in predicting, preventing, and responding to cyberattacks as well as infrastructure and supply chain disruptions that ...

Emily Miller in Insurance News 2025-11-29 15:22:50

United Risk strengthens global leadership, names new CEO

Company strengthens its executive team as it reaches its two-year milestoneInsurance NewsBy Josh RecamaraNov 24, 2025ShareUnited Risk marked its two-year milestone since its formation in 2023 by announcing key executive appointments and leadership promotions.Chairman Jamie Sahara highlighted the company's growth, noting its position among the top five MGAs globally, with 25 property and casualty underwriting programs and nearly 600 staff across n...

Michael Davis in Insurance News 2025-12-14 18:17:44

AI isn't just cutting costs - it's rewriting the insurance playbook

AI is reshaping insurance - from pricing and fraud detection to customer clarity - ushering in a new era where trust becomes the industry's most valuable assetTransformationBy Chris DavisDec 03, 2025ShareAI is doing more than automating tasks in insurance - it’s changing how insurers calculate premiums, explain coverage, and detect fraud. And according to José Luis Bernal (pictured), chief digital, data and innovatio...

Sarah Brown in Insurance News 2025-11-29 11:24:22

Global trade fragmentation set to affect insurance costs and coverage, report finds

Insurers urged to adapt their strategiesInsurance NewsBy Josh RecamaraDec 03, 2025ShareThe US effective tariff rate of 15% could reduce global property and casualty (P&C) premium growth by 0.7 percentage points and life premium growth by 1.2 percentage points between 2025 and 2027, compared with 2024 levels, an analysis shows. Brokerslink's report, produced by the Swiss Re Institute, highlights the insurance implications of rising t...

Jennifer Johnson in Insurance News 2025-12-06 12:59:24

Cyber insurance market faces volatility as tech outpaces underwriting models

Rapid changes in cyber risk are forcing underwriters into near-constant recalibrationCyberBy Chris DavisNov 20, 2025ShareThe cyber insurance market has become almost unrecognizable from where it was just a few years ago, according to Anthony Dagostino (pictured), president and chief underwriting officer at Avoca Risk. “The market today is ultra fluid,” Dagostino said. “It was probably fluid a couple of years ago, and now it's ultra...

Robert Davis in Insurance News 2025-12-03 21:48:33

Why auto dealerships face a perfect storm of risks

Brokers and agents must protect dealership clients in a new era of exposureMotor & FleetBy Gia SnapeDec 03, 2025ShareWhen CDK Global, a leading dealer management software provider, was hit by a ransomware attack in June 2024, roughly 15,000 customers across North America were forced back to pen-and-paper and improvised workarounds during a critical sales window. Dealerships lost more than $1 billion to the outages, according to industry repor...

Robert Davis in Insurance News 2025-12-01 08:41:06

Corporate active assailant and K&R risks are no longer "emerging" threats

Workplace anger, ambiguous motives and outdated definitions are redefining risk exposure for businessesWholesaleBy Chris DavisNov 26, 2025ShareActive assailant and kidnap & ransom (K&R) risks have become embedded in day-to-day corporate planning - no longer reserved for distant geographies or classified as emerging. That shift, said Mark Skinner (pictured), chief underwriting officer at Samphire Risk, re...

Jane Brown in Insurance News 2025-12-04 15:48:48

Frankenmuth blocks appraisal its own policy explicitly allows, policyholders sue

Policy allows appraisal even after claim denial - insurer blocks it anywayLegal InsightsBy Tez RomeroNov 21, 2025ShareA Michigan insurer is facing a lawsuit after refusing to let policyholders appraise their storm damage claim, despite policy language explicitly allowing appraisal even when coverage is denied.Frankenmuth Insurance Company denied hail damage claims from two Illinois property owners following the April 4, 2023 storm that hit the Ch...

Emily Johnson in Insurance News 2025-12-16 06:10:35

Insurance moves: Starkweather, Affordable American, Duck Creek, Mutual Group and New York Life

They include a new CTO and a new SVPInsurance NewsBy Josh RecamaraDec 03, 2025ShareSeveral major insurance and financial services firms have announced key leadership appointments.Affordable American Insurance expands national sales capacityRoss Haskett (pictured) has joined Affordable American Insurance as vice president of sales. Haskett brings a decade of experience in insurance-industry lending and agency financing. In his new role, ...

Michael Jones in Insurance News 2025-12-26 03:48:23

State Farm seeks California auto rate cut after major increase last year

Proposed reduction arrives as competition in the market intensifiesMotor & FleetBy Kenneth AraulloNov 25, 2025ShareState Farm Mutual Automobile Insurance Co. has requested approval to reduce average private passenger automobile insurance rates by 6.2% in California, citing a decline in physical damage losses.The proposed reduction would take effect in the first quarter of 2026, subject to regulatory approval from state insurance regulators.Th...

Emily Miller in Insurance News 2025-11-27 12:50:53
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