NEW YORK--(BUSINESS WIRE)--The commercial auto insurance line has struggled to achieve underwriting profitability for years, even before the inflationary conditions that have been affecting ...
AI is transforming insurance underwriting, from pricing and risk models to workflow automation, and why carriers are ...
INDIANAPOLIS, Indiana, March 15-- The National Association of Mutual Insurance Companies issued the following news release: Legislation to ban the use of credit information in underwriting auto ...
The United States personal auto insurance industry achieved its strongest underwriting performance in the post-pandemic era, recording a net combined ratio of 95.3 in 2024, but continues to face ...
NEW YORK--(BUSINESS WIRE)--Personal auto insurance underwriting profitability appears to finally be headed in a positive direction after recent years of record underwriting losses, according to the ...
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Why Car Insurers Are Under Pressure to Cut Rates
What’s worse for car insurers: a trade war or a price war? Consumers might like the answer, but investors probably won’t. Back in February, insurance groups began warning that stiff import levies ...
Bishop Street Underwriters, which is backed by RedBird Capital Partners, has made an investment in Verve Services, LLC, a Boston-based auto insurance managing general agency. No financial terms were ...
While rates for auto insurance have been increasing for years, the prices that millions of American drivers pay for coverage are unavoidable, with insurance required in nearly every U.S. state. With ...
In traditional P&C insurance, underwriting is about pricing events: a flood, a fire, a theft. In Legal Expense Insurance (LEI), it’s about pricing conflict. And in today’s climate of rising legal risk ...
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