AI Not Main Cause of Recent Insurance Layoffs: AM Best

AM Best said it's too soon to blame artificial intelligence for recent job losses.

Trucking Sector Faces Decline in Demand and Rising Costs

Trucking companies are shopping for lower insurance rates as they face tight margins.

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Insurtechs Unite to Launch InsurTech Coalition

Several insurtechs published an open letter to the insurance industry announcing the launch of a trade association.

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Reinsurance Market Outlook ‘Stable’ on Improved Rates, Higher Demand

AM Best said substantial rate improvements and other factors create a stable outlook for the global reinsurance sector.

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Insurance Journal Blogs and Columns

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Insurance Top Gainers/Losers

Company Symbol Close 1 Day Chg
Trupanion, Inc.TRUP$29.36up+14.15%
Root, Inc.ROOT$10.55up+9.10%
Mercury General CorporationMCY$38.94up+4.54%
Hippo Holdings Inc.HIPO$8.92up+4.33%
Lemonade, Inc.LMND$18.30up+3.57%
Company Symbol Close 1 Day Chg
Kinsale Capital Group, Inc.KNSL$338.48down-3.32%
NI Holdings, Inc.NODK$13.01down-2.33%
Doma Holdings Inc.DOMA$6.00down-2.12%
Ryan Specialty Holdings, Inc.RYAN$45.11down-1.66%
Goosehead Insurance, IncGSHD$72.33down-1.30%
* As of December 1, 2023; Source: S&P Global Market Intelligence

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