Liberty Mutual establishes $600m endowment to support long-term community resilience

Liberty Mutual Insurance announces a $600 million endowment for the Liberty Mutual Foundation to build stronger, more resilient communities. This meaningful investment marks an important milestone in the company’s long-term commitment to supporting people and communities through enduring philanthropic programs and partnerships. The gift creates a self-sustaining funding source for the Foundation, providing a permanent…

Read More

Aon integrates new AI benchmarks into Radford McLagan Compensation Database

Global insurance and reinsurance brokerage group Aon has launched enhancements to its Radford McLagan salary database as demand for artificial intelligence (AI) talent and roles increases across industries. New platform capabilities integrate data, real-time insights and automation to provide a seamless experience for HR leaders. It now reports on AI-specific job categories, providing better transparency…

Read More

Great American promotes Jesse Gutierrez to Divisional President, Professional Liability

Great American Insurance Group, a property and casualty insurance company, announced the promotion of Jesse F. Gutierrez to president of the Professional Liability Division, effective April 27, 2026. Gutierrez will succeed Reina L. Gregorio, who will retire in July after more than 13 years with the company. Gutierrez joined Great American Insurance Group in 2013…

Read More

Triple-I urges caution amid ‘somewhat below average’ Atlantic hurricane season forecast

While the 2026 hurricane season in the Atlantic basin is expected to be “somewhat below average,” the Insurance Information Institute (Triple-I) advises insurers to remain cautious as it only takes one major storm to topple loss expectations in a high-inflation environment. Thirteen named storms, six hurricanes and two major hurricanes are expected during the 2026…

Read More

Miguel Araújo to lead Iberia business at Gallagher Re

Gallagher Re, the reinsurance brokerage and advisory arm of Arthur J. Gallagher & Co., announced the appointment of Miguel Araújo as the new leader of its Iberian operations. Araújo combines technical expertise and commercial experience to support the development of solutions and the management of client relationships. Araujo will be responsible for overseeing operations and…

Read More

Evercore ISI flags mounting pressures across P&C insurance

Evercore ISI, the investment research arm of Evercore, outlined the challenges facing the property and casualty (P&C) insurance industry in its first-quarter 2026 preview, citing increasing cyclical pressures in commercial, personal and reinsurance markets. Evercore ISI highlighted that soft pricing conditions and continued technology disruption are weighing on industry valuations, with concerns about artificial intelligence…

Read More

CopperPoint names Kellen Booher as President and CEO in planned leadership transition

CopperPoint Mutual Insurance Holding Company, a provider of workers’ compensation and commercial insurance, has appointed Kellen Booher as its new president and chief executive officer, marking the next phase in the company’s leadership evolution. He succeeds Marc Schmittlein, who previously announced his intention to retire and will continue to serve as Chairman of the Board….

Read More

ACORD finds majority of insurance M&A deals create shareholder value amid strategic shift

ACORD, a standards-setting organization serving the insurance industry, has released an updated version of the report Carrier M&A: Drivers, Impact and Outcomes, A detailed review of consolidation trends across the industry. The publication assesses today’s drivers of insurance company acquisitions and considers their impact on business models, technology alignment and investor returns. Based on its…

Read More