Welcome to another enlightening episode of The Connected Podcast, where we delve deep into the dynamic world of insurance, exploring notable news and events shaping the industry today. From significant financial performances to transformative partnerships, our latest segment offers insights into the developments within this rapidly evolving ecosystem. In a remarkable financial update, Zurich Insurance has achieved record success in the first nine months of 2025. Their property and cas...

The Connected Podcast: Insurance Ecosystem Insights The Connected Podcast: Dynamic Shifts and Innovations in the Insurance Ecosystem In this episode of The Connected Podcast, we delve into the dynamic shifts and advancements within the insurance industry, highlighting how companies are strategically enhancing their market positions through technology and innovation. AIG has reported a significant 81% increase in underwriting income, a testament to their effec...

Welcome to The Connected Podcast, your go-to source for the latest news and events within the insurance ecosystem. In our newest episode, we delve into the transformative trends and challenges currently reshaping the industry. The property and casualty insurance sector is on track for significant growth by 2025, spurred by inflation, tariffs, and geopolitical dynamics. Analysts anticipate a 7% rise in premiums across the sector, notably in commercial property, auto, and homeowners insurance. ...

The Connected Podcast - Insurance News The Connected Podcast: Navigating the Insurance Ecosystem Welcome to the latest episode of The Connected Podcast, where we delve into the dynamic world of insurance, exploring the latest news and events shaping the industry landscape. In this segment, we spotlight the remarkable advancements and strategic shifts that are redefining risk management and insurance services. Progressive Corp. has emerged as a significant for...

In this segment of The Connected Podcast, the discussion centers on recent developments and concerns within the insurance ecosystem. The Insurance Information Institute, in collaboration with the Casualty Actuarial Society, has analyzed the impact of legal system abuses on liability insurance, revealing an enormous increase in loss costs between $231 and $281 billion over the past decade, driven by excessive jury verdicts and litigation financing. Sean Kevelighan, CEO of Triple-I, emphasized ...

The Connected Podcast - Insurance News and Events The Connected Podcast Insurance News and Events In this segment of The Connected Podcast, we delve into the significant developments shaking the insurance and financial sectors. The episode kicks off with a look at the historic impact of Hurricane Melissa, labeled the strongest storm to ever hit Jamaica. As a Category 5 hurricane, it is poised to trigger a $150 million catastrophe bond issued by...

In the latest episode of The Connected Podcast, our hosts delve into the dynamic shifts within the insurance ecosystem. They kick things off with insights from the J.D. Power 2025 U.S. Auto Claims Satisfaction Study, highlighting that a slight dip in auto insurance rates hasn't alleviated customer concerns over high costs. As a coping mechanism, some policyholders are choosing higher deductibles or avoiding claims to stave off further rate hikes. Intriguingly, 26% of auto insurance users now ...

Welcome to the latest episode of The Connected Podcast, where we spotlight the dynamic world of the insurance ecosystem. In this segment, we delve into pressing news and events shaping the industry, starting with the turbulent current state of the National Flood Insurance Program (NFIP). Due to delayed reauthorization, a temporary shutdown looms, causing significant disruptions for insurance agents and homeowners in flood-prone areas. This inability to quote or bind policies via federal syste...

In this segment of The Connected Podcast, the discussion delves into the contemporary challenges faced by the property and casualty insurance industry, driven by the increasing frequency and impact of natural catastrophes. A Conning report highlights secondary perils such as severe storms and wildfires that are reshaping the sector, contributing to record-high catastrophe losses in the first half of the year. Notably, the industry reports an improved combined ratio despite these challenges, b...

In a recent episode of The Connected Podcast, the discussion focused on the latest findings from LexisNexis Risk Solutions' 10th annual U.S. Home Trends Report, which illuminates the changing landscape of the U.S. home insurance industry. A key highlight is the significant 9% rise in All Peril severity from 2023 to 2024, setting a seven-year record high. This increase is largely due to the occurrence of 27 climate disasters, each causing damage worth over a billion dollars, with catastrophes ...

In the latest episode of The Connected Podcast, we delve into the complex and evolving landscape of the insurance industry as it braces for the challenges of 2025. Alarming data from Climate Central has put a spotlight on the sector, revealing a staggering $101.4 billion in weather and climate disaster losses in just the first half of the year. With 14 billion-dollar events and tragic 174 deaths, the financial impacts are among the most severe on record. This episode emphasizes the urgent nee...

The Connected PodcastThe Connected PodcastIn this episode of The Connected Podcast, we dive into the latest developments within the insurance ecosystem, kicking off with Chubb's stellar third-quarter performance. Chubb's impressive profits were fueled by reduced catastrophe losses, strong underwriting, and higher investment returns, showcasing robust consumer demand for insurance even amidst rising borrowing costs. Underwriting proved to be a standout strength, with record pre-tax...

In the latest episode of The Connected Podcast, we delve into significant developments within the insurance ecosystem. Progressive Corporation sets new records, boasting over 26 million active auto insurance policies as of September. This reflects a commendable year-over-year growth of 15.1%. Despite experiencing a slight slowdown compared to earlier peak growth, Progressive's financial performance remains robust with increased net written premiums and strong customer acquisition. Mea...

The Connected Podcast: Navigating the Dynamic Insurance EcosystemIn the latest episode of The Connected Podcast, we explore the dynamic developments within the insurance industry. Key topics include financial performance, technology investment, and cybersecurity challenges. Travelers stands out with a remarkable 50% increase in third-quarter profits, driven by reduced catastrophe losses and heightened investment income, alongside an improved combined ratio of 87.3%. CEO Alan Schnitzer...

Welcome to The Connected Podcast, where we delve into the latest news and events shaping the insurance ecosystem. Join us as we explore the intricacies and innovative changes impacting the industry today. In this episode, we shine a spotlight on risk-based pricing in property and casualty insurance, a practice pivotal in maintaining financial stability for insurers and offering fair premiums to low-risk consumers. Sean Kevelighan, CEO of the Insurance Information Institute, warns agai...

The Connected Podcast: Insurance Ecosystem News and Events The Connected Podcast: Latest Developments in the Insurance Ecosystem In the recent episode of The Connected Podcast focusing on news and events within the insurance ecosystem, several key developments were highlighted that are significantly impacting the industry. Progressive Corporation has ascended to become the fourth-largest global property and casualty insurer, driven by its successful acquisition of new po...

The Connected Podcast: Insurance Ecosystem News and Events The Connected Podcast: Insurance Ecosystem News and Events In this episode of The Connected Podcast, we delve into some pivotal issues and developments shaping the insurance ecosystem. Our analysis begins with a legal case in Illinois, where Attorney General Kwame Raoul confronts State Farm, the largest homeowners insurer in the U.S. Raoul has initiated a lawsuit demanding that State Farm disclose granular, zip-c...

The Connected Podcast: News & Events in the Insurance Ecosystem The Connected Podcast: News & Events in the Insurance Ecosystem In this week's segment of The Connected Podcast, we delve into two major developments in the insurance industry, highlighting the ongoing shift towards transparency and consumer protection. First, we explore California's newly signed SB 429 legislation, which aims to bring clarity to the methods insurance companies use to ass...

The Connected Podcast - Insurance News & Events The Connected Podcast: Navigating the Insurance Ecosystem In today's episode of The Connected Podcast, we explore several key issues currently shaping the insurance industry. We begin by examining the significant impact of extreme weather events on communities and insurers, focusing on the recent nor'easter that prompted a state of emergency in parts of the Northeast. This has driven insurers to reconsider their approaches ...

The Connected Podcast - Your Insight into the Insurance Ecosystem The Connected Podcast - Unpacking the Insurance Ecosystem In the latest episode of The Connected Podcast, we delve into the dynamic developments shaping the insurance ecosystem. We begin with an insightful discussion on the collaboration between State Farm and Volvo Car Financial Services. This partnership is set to streamline the auto insurance process for Volvo purchasers, integrating insurance quotes an...