Brown & Brown said Thursday it is expanding its artificial intelligence strategy across the company after early pilot projects delivered productivity gains of up to eightfold and reduced some software troubleshooting times by 80% to 90%. The brokerage... See more
Travelers reported sharply higher second-quarter earnings Friday, as lower catastrophe losses, higher investment income and continued strength in commercial insurance underwriting offset softer property market conditions. Net income rose 46% to $2.21 bill... See more
General and excess liability insurance renewals continued to improve at midyear as increasing competition among insurers moderated rate increases for many commercial buyers, although rising claims continued to prevent the market from softening significant... See more
Excess and surplus lines insurer Ategrity Specialty Insurance said Friday it is replacing Chief Financial Officer Neelam Patel with a finance executive from hedge fund manager Zimmer Financial Services, the insurer’s majority shareholder. In a filing with... See more
Commercial property insurance buyers are expected to benefit from a more competitive market through the rest of 2026, according to a report released Thursday by brokerage Alera Group. But commercial auto and excess liability remain the industry’s toughest... See more
