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Commercial Lines Market Overall Remains Firm, Says Ivans
Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to fourth quarter 2025 results of the Ivans Index. “The commercial insurance market remains firm overall, though renewal trends suggest it is gradually moving off the …
POSTED JANUARY 23, 2026 6:36 AM |
AI Data Center Boom Risks Roiling Global Carmaker Supply Chains
The auto sector is bracing for yet another potential supply chain disturbance, this time spurred by the rush to build data centers that train and develop artificial intelligence models. A shortage of memory chips caused by the data center boom …
POSTED JANUARY 23, 2026 6:30 AM |
20,000 AI Users at Travelers Prep for Innovation 2.0; Claims Call Centers Cut
Days after announcing a deal to equip 10,000 engineers and data scientists at Travelers with AI assistants, the insurance company’s leader detailed “differentiating domain expertise” around data and technology, which fuel long-term profit growth for the insurer. Travelers Chief Executive …
POSTED JANUARY 23, 2026 6:07 AM |
Security First Latest Florida Insurer to Roll Back HO3 Rates
Hot on the heels of a significant rate cut in December, Florida’s Security First Insurance has announced another average decrease for one of its homeowners products. The use-and-file decrease will average about 5.2% for the carrier’s Signature+ HO3 policies, a …
POSTED JANUARY 23, 2026 6:02 AM |
Washington Bill Granting Restitution to Insurance Consumers Passes State Senate
A bill to provide restitution to policyholders harmed by their insurer or agent passed the Washington Senate on Wednesday on a 29 to 20 vote. The bill, sponsored by Insurance Commissioner Patty Kuderer and sponsored by Senator Adrian Cortes (D–Battle …
POSTED JANUARY 23, 2026 6:00 AM |
Relation Insurance Acquires PT Business Solutions in California
Relation Insurance Services has acquired the assets of PT Business Solutions in South Pasadena, California. PT Business Solutions is a provider of employee benefit, HR, payroll, workers’ compensation and group retirement plans. The agency has been serving clients since 2003. …
POSTED JANUARY 23, 2026 6:00 AM |
New Jersey Announces $16 Million More in Medical Debt Relief
In the state’s seventh round of medical debt relief, outgoing Governor Phil Murphy announced that nearly 14,000 New Jersey residents will see almost $16 million in medical bills abolished. The relief is a result of the state’s ongoing partnership with …
POSTED JANUARY 23, 2026 6:00 AM |
Estee Lauder Sued by Beauty Tech Startup for Alleged Theft
Estee Lauder was sued by a self-described “disruptive” startup that accused the cosmetics giant of effectively putting it out of business by stealing technology to boost sales from jet-setting travelers in hotels. In a complaint filed on Friday night in …
POSTED JANUARY 23, 2026 6:00 AM |
People Moves: EverPeak Insurance Names Kranz President; Arrowhead Intermediaries Appoints Davis as CMO; Owens Joins Alliant as SVP
EverPeak Insurance Names Kranz President EverPeak Insurance created a unified leadership team headed by Kathy Kranz. Kranz most recently served as interim COO at EverPeak. She previously served a long tenure as CFO of Pinnacol Assurance. The new EverPeak Insurance …
POSTED JANUARY 23, 2026 6:00 AM |
Texas Officials Say State is Ready for Winter Storm
Nearly five years after Winter Storm Uri sparked widespread power outages and killed hundreds of Texans, officials and residents are once more girding for a round of severe winter weather that will blanket large parts of the state. Dangerously cold …
POSTED JANUARY 22, 2026 11:00 PM |
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