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Price hikes are moderating, new carriers and fresh sources of capital are emerging and coverage is becoming more affordable.
Massive job cuts at tech companies could prove a boon for talent-hungry insurers.
The bill represents the 'most extreme measures' ever taken by the state to tackle the property insurance crisis, a former state senator said.
The conglomerate reported a $962M loss on insurance underwriting in the third quarter, its worst quarterly loss in a year.
Lessors of planes stuck in Russia since the onset of sanctions have warned insurers of possible claims.
Used-car prices, labor costs and expenses tied to protecting customers against lawsuits all went up.
The acquisition would be the first for Lemonade, which is aiming to bolster its bundled offerings.
The transaction will add about 3,400 independent agencies in 33 U.S. states to Liberty Mutual's business.
The complaint says the deal will negatively affect American businesses that will likely pay higher fees for lower-quality services.
The insurer's error comes as artificial intelligence faces criticism from those who say it's subject to biases.