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The agency is offering buyouts and early retirement incentives for employees, with layoffs possible if targets aren't met, as part of the Trump administration's overall downsizing of the federal government.

The top five insurance companies have an average commercial auto market share of 6.4% as of December 31, 2024.

Bad actors use generative AI to create automated threats that are more sophisticated than earlier generations of malicious bots, and they are going after banks' APIs.

Prioritizing comprehensive healthcare, financial wellness, flexible work policies, mental health support and virtual care provides a competitive edge.

Consumer Watchdog argues that California's insurance commissioner cannot allow the FAIR Plan homeowners insurance of last resort to pass on half a $1 billion assessment to consumers.

AB 226, a borrowing mechanism bill passed by the state assembly, allows bond issues supporting the homeowners insurer of last resort – but doesn't specify traditional financing or catastrophe bonds. Cat bonds would not have to be paid back. Also, a climate finance policy advisor said, the bill doesn't account for future disaster risks.

EasieOps addresses pain points in document processing, including integration challenges and scalability barriers.

Transform legacy systems to address changing workforce and attract digital natives to the insurance industry.

Homeowners who invest in wildfire mitigation measures get no guarantee of breaking even in the form of premium discounts, an insurance attorney points out.

The inability to react to emerging trends quickly can cost insurers money and customers.

Fifty-one percent of insurance agency employees report feeling burned out, according to research from Liberty Mutual and Safeco.

Independent and mid-sized firms must make strategic choices about where and how to adopt new technologies.

A bipartisan group of representatives co-sponsored the bill, aiming to make permanent and expand eligibility for a deduction previously offered for 14 years.

Recent wildfire updates include the Federal Housing Authority's waiving of quality-control reviews and the upheaval of the state's commercial real estate space.

State lawmakers approved a trailer bill to last year's budget that aided Medi-Cal and provided funding to local governments affected by January's wildfires.

The McCarran-Ferguson Act was enacted in 1945 and regulates insurance at the state level to create a competitive market.

Jonathan Todd, partner at Benesch Law and Phil Nester, senior managing associate at Benesch Law shared responses on how current and proposed tariffs could impact the insurance industry.

Offerings that help workers take care of personal matters are just as important to the workforce as their health and wellness.

The need for more granular forecasts is becoming more pressing as climate change increases the odds of extreme weather.

Carriers can reduce their development risks but should be patient and set expectations with partners, executives say.