Articles by Susanne Sclafane

After reporting a $13 billion underwriting loss in 2022 and $14 billion in 2023, State Farm recorded another underwriting loss... Read More

Although Mercury Insurance Group expects gross losses from the 2025 California wildfires in the $1.6 billion-$2.0 billion range, potential subrogation... Read More

Mercury General Corporation said it expects losses from wildfires burning in California since Jan. 7 to exceed its $150 million... Read More

When actuary Greg Fears attended a Western Region Captive Insurance Conference in April, he expected to learn and share information... Read More

Although Berkshire Hathaway’s Warren Buffett and Ajit Jain told investors last month that GEICO is playing catch-up with Progressive to... Read More

“There could be a liability crisis in reinsurance in a couple of years,” a reinsurance executive predicted this week. Ken... Read More

Although insurers can help to stop the growth of social inflation, they can’t lead the effort, an industry executive said... Read More

The insurance industry came in sixth in a ranking of 10 major industries based on current AI risk, and seventh... Read More

Berkshire Hathaway continued to deliver eye-popping results for its insurance and reinsurance operations during the first quarter of 2024, with... Read More