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Amynta Group Buys Virginia-Based Southern States Underwriters MGU
Aug 13 2026 // Amynta Group, an insurance services firm and managing general agent based in New York, said it has acquired Southern States Underwriters and SSC Insurance Agency, based in Richmond, Virginia. The underwriter and agency are...
Can Reinsurers Maintain Underwriting Discipline or Will ‘Irrational’ Competition Return?
Aug 10 2026 // The reinsurance industry’s robust earnings and abundant capital, evident since 2023, have led to increasing competition and a softening market. “The key question is whether reinsurers can maintain underwriting...
AIG’s General Insurance Q2 Underwriting Income Up 10%
Aug 7 2026 // Second quarter 2026 underwriting income in American International Group’s (AIG) General Insurance segment increased nearly 10% compared with the prior year, to $686 million. Insurance financial results for Q2...
Allstate Q2 Net Income Jumps 56% on Underwriting
Aug 6 2026 // Allstate Corp. second quarter 2026 net income applicable to common shareholders shot up nearly 56% with underwriting income up 56.7% during the period. Net income was about $3.2 billion for Q2 versus $about $2.1 billion...
Bring It On: AI Strategy Sways Underwriter Choices of Employers
Aug 4 2026 // Property/casualty insurance underwriters are worried about AI tools taking over their jobs. Now, according to a recent survey, nearly three-quarters say they’re opting for companies with clear AI strategies as...
People Moves: UCA Names Balakrishnan Controller, Makes Lemon VP of Underwriting
Jul 31 2026 // UCA General Insurance Services Inc., promoted Vijayalakshmi Balakrishnan to vice president, controller. Balakrishnan joined UCA’s accounting team in 2022. In her new capacity, she leads the accounting department and...
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