During the fourth quarter, net written premiums increased by 13%, driven by core commercial and assumed reinsurance business. Growth in the core commercial segment was

Donahue has more than 20 years of experience in commercial property insurance broking, working with industries including mining, semiconductors, automotive manufacturing and pulp and paper.

Dubey said AI will continue to have a significant impact, but without decisive leadership, there is a risk that innovation will outpace responsibility, creating security

Article 0 Comments American International Group reported fourth quarter 2024 net income of $898 million compared to $86 million the prior year, but insurance underwriting

Article 0 Comments Reflecting intensifying wildfires and updated science, new state maps designate more than 2.3 million acres of local land in California as facing

“It’s really about using underwriters’ knowledge, skill sets, and data to train AI models. Commercial underwriting has always been a balance of art and science,

Adjusted return on equity (ROE) reached 12%, and shareholders’ equity increased by 5.4% to exceed €8.5 billion. Under international accounting standards IFRS 17&9, the attributable

State lawmakers are also considering House Bill 25-1205, which clarifies that the Fair Plan is not an insurance company, a person engaged in the business

For the full year, net premiums earned rose to $5.08 billion from $4.27 billion in 2023. Net investment income grew to $280 million from $235

Article 0 Comments The parent company of Southern California Edison has been sued for allegedly defrauding shareholders before the recent Los Angeles-area wildfires by assuring