Massachusetts approves Liberty Mutual plan to convert and merge three century-old affiliates

Massachusetts Approves Liberty Mutual Plan to Convert and Merge Three Century-Old Affiliates The Massachusetts Division of Insurance has approved a multi-step reorganization plan for three long-standing Liberty Mutual affiliates: Montgomery Mutual Insurance Company (founded 1848), Liberty Mutual Mid-Atlantic Insurance Company (1920), and Patrons Mutual Insurance Company of Connecticut (1887). The approval, issued on January 15, … Read more

More than 30 insurers enter New Hampshire as US P&C posts best results in 15 years

More Than 30 Insurers Enter New Hampshire as US P&C Posts Best Results in 15 Years The New Hampshire Insurance Department (NHID) announced that more than 30 new insurance companies entered the state’s market in 2025, reflecting strong confidence in the state’s regulatory environment and insurance stability. This influx occurred alongside 742 new producers and … Read more

Travelers sues Erie over who pays first in construction injury case

Travelers Sues Erie Over Who Pays First in Construction Injury Case The Travelers Indemnity Company has filed a federal lawsuit against Erie Insurance Company in a classic “other insurance” dispute: which insurer’s policy must respond first (primary coverage) for defense and potential indemnity in a construction site injury claim. The complaint was filed on January … Read more

Novacore acquires Texas-based CPIA in push into lender-placed market

Novacore Acquires Texas-Based CPIA in Push into Lender-Placed Market Novacore, the independent, next-generation specialty insurance provider (backed by New Mountain Capital), has entered into a definitive agreement to acquire CP Insurance Associates (CPIA), a long-established Texas-based insurance services agency. The deal, announced on February 2, 2026, marks Novacore’s strategic entry into the lender-placed insurance segment … Read more

Commercial lines face tech shake-up – but claims remain insurance’s blind spot

The commercial insurance sector is in the midst of a profound technological transformation in 2026. Modular platforms, agile pricing engines, AI-driven risk modeling, and real-time data ingestion are no longer experimental—they’re table stakes for staying competitive. Underwriting and pricing have led the charge, with carriers leveraging predictive analytics, external data sources, and machine learning to … Read more

Surety insurers ride infrastructure wave to record profitability

The U.S. surety insurance market is experiencing one of its strongest periods in history, fueled by an unprecedented surge in infrastructure spending and a favorable claims environment. Major players including Travelers, CNA, Liberty Mutual, and specialty carriers such as RLI and Arch are reporting record combined ratios, premium growth, and profitability as the sector benefits … Read more

CFC names Christyn Yoast as global head of commercial

Specialist insurer CFC has named Christyn Yoast as its new Global Head of Commercial, a strategic appointment aimed at accelerating the company’s commercial strategy across its expanding global footprint. The news was announced on January 16, 2026, with Yoast set to join the London-headquartered firm in January 2026 and based in New York. Here are … Read more

Travelers’ CTO on “perform and transform” – and the discipline behind insurance innovation

Travelers’ CTO Mojgan Lefebvre on “Perform and Transform” in Insurance Innovation In a recent interview with Insurance Business America, Mojgan Lefebvre, Executive Vice President and Chief Technology Officer (CTO) at Travelers Insurance, outlined the company’s disciplined approach to innovation in the insurance sector. Lefebvre emphasized Travelers’ “perform and transform” framework, an enterprise-wide strategy that balances … Read more

How can AI change insurance

How AI is Revolutionizing the Insurance Industry in 2026 Artificial Intelligence (AI) is no longer a futuristic concept in insurance—it’s actively reshaping the entire value chain from underwriting and risk assessment to claims processing, fraud detection, and customer personalization. As we move through 2026, insurers are shifting from pilots and experiments to large-scale production deployment, … Read more

Chanel and Gucci owner tops creditor list as bankruptcy tests trade credit exposure

Saks Global Bankruptcy: Chanel and Kering Top Creditor List Amid Trade Credit Risks On January 13, 2026, luxury retail group Saks Global—owner of Saks Fifth Avenue, Bergdorf Goodman, and Neiman Marcus—filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Texas. The filing comes just months after a debt-fueled … Read more