Arthur J. Gallagher & Co. on Wednesday named four former Woodruff Sawyer executives to senior positions in the broker’s executive and financial risk practice. Each had been an executive in the management liability practice at Woodruff Sawyer when it w... See more
Insurers in the architects and engineers professional liability insurance market will look to raise rates this year as claim costs climb, a report says. Almost three quarters, or 73%, of the 15 insurer respondents said they would seek rate increases in 20... See more
The U.S. insurance industry had an estimated net underwriting gain of $35.3 billion through the first nine months of 2025, almost nine times the $4 billion gain through the same period in 2024, according to a report released Friday. The 2025 gain was driv... See more
Fitch Ratings on Thursday said insured losses from the winter storm that swept across the U.S the last week in January will be an earnings event for insurers and not impact their capital positions. The insured losses also are expected to be absorbed by pr... See more
Businesses and organizations moving to adopt artificial intelligence may be creating new exposures in that process, according to a report Thursday from Lockton Re and cyber insurer Armilla AI. Bias in a model’s training can be replicated in results, and A... See more
