The Q1 2025 Insurance Labor Market Study by The Jacobson Group and Ward, Aon’s Performance Benchmarking Division, offers valuable insights into staffing expectations, revenue growth projections, and the shifting workforce landscape.
Author: Maria Valdez Haubrich
New Senate Bill Proposes Public Auto Insurance Option in Texas
Texas lawmakers are exploring a new approach to tackle the steep rise in auto insurance premiums. Senate Bill 1246, known as the “Auto Insurance Public Option Act,” aims to introduce a state-administered insurance option for all Texas residents.
Grange Insurance Names Ryan Michel as Chief Property and Casualty Officer
Grange Insurance Company announced that Ryan Michel has been named the company’s Chief Property and Casualty Officer.
Severe Convective Storm Risk Report 2025: Key Highlights
Severe convective storms are increasingly impacting property insurance costs in the U.S., with rising insured losses prompting changes that affect homeowners’ monthly budgets.
U.S. Housing Market Gains $2.5 Trillion in Value in 2024
The U.S. housing market continued its upward trajectory in 2024, gaining a total of $2.5 trillion in value to reach $49.7 trillion, according to a new report from Redfin.
Maine’s Home Insurance Stability
According to a recent report from Insurify, Maine leads the nation in home insurance stability, boasting the highest score on the company’s Home Insurance Climate Stability Index with a perfect 100.
How Carrier Processes and Technology Shape the Agent Experience: Insights from Vertafore’s Latest Report
A new report from Vertafore, “Independent agents on improving carrier partnerships: Report for insurance carriers,” sheds light on key factors that influence the agent experience.
U.S. Property/Casualty Insurance Industry Sees Significant Underwriting Improvement in 2024
The U.S. property/casualty (P/C) insurance industry experienced a substantial reduction in underwriting losses in 2024, with net underwriting losses narrowing to $2.6 billion from $24.6 billion in 2023, according to A.M. Best & Co. Inc.
AIG Elects Juan Perez to its Board of Directors
American International Group, Inc. — AIG — today announced that Juan Perez, Executive Vice President and Chief Information Officer (CIO) of Salesforce, has been elected to its Board of Directors as an independent Director, effective immediately.
NSM’s Commercial Division Embraces a Bold New Chapter
NSM Insurance Group, a global specialty insurance provider, announced today it has signed a definitive agreement to sell its U.S. commercial insurance division to New Mountain Capital, a leading growth-oriented investment firm with over $55 billion in assets under management.