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New York Approves 22% Workers’ Compensation Cost Reduction
Jul 17 2026 // New York has approved a 21.9% reduction in workers’ compensation insurance premium rates, which the state says represents an estimated savings of more than $1 billion for businesses or an average of $1,779 per...
After Losing Job and Crypto, Man Falsely Claimed $1.3M From 107 Class Actions
Jul 14 2026 // An upstate New York man has been accused of receiving more than 27,000 payments totaling more than $1.3 million from approximately 107 different class action lawsuit settlements between January 2022 and December...
Ranking: Who Are the Insurance Industry’s AI Talent, Maturity Leaders?
Jul 13 2026 // One out of every 50 employees working at a group of 30 large insurers is an AI specialist, according to an analysis published by a benchmarking firm, which ranks Allianz, AXA and Chubb as AI talent leaders. For...
Doing Its Job: Large Majority of Cyber Losses Covered by Insurance, Says Willis
Jul 13 2026 // More than 95% of average data breach losses and 90% of average first-party losses are adequately covered by insurance, according to a recent report by Willis, a WTW business. Cyber claims in Focus – Getting value...
Allianz Unit to Cut as Many as 1,800 Jobs in Push to Adopt AI
Jul 8 2026 // Allianz SE plans to eliminate hundreds of positions at its assistance and travel insurance subsidiary Allianz Partners as the company pushes forward with implementing artificial intelligence solutions. The cuts, which they...
Scaling Account Teams Without Hiring: The Operational Playbook
Jul 7 2026 // What 25+ acquisitions taught me about growing a brokerage without growing the headcount. In the years I spent helping integrate more than 25 acquired agencies at a large independent brokerage, I watched the same scenario...
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