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Self-Driving Cars Will Transform the Auto Insurance Business: Jain

“There's no question that insurance for automobiles is going to change dramatically once self-driving cars become a reality,” Jains said. “The big change that we will see is what you identify in it. Most of the insurance that is sold and bought revolves...

Insurance claims surge after deadly Pittsburgh storm

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Mountain Life Insurance Company announces Montana expansion – Lane Report

LEXINGTON, KY. – Mountain Life Insurance Company is pleased to announce that it is now operational in the state of Montana. With the awarding of its latest license by the state of Montana, the company now offers its range of products to customers in 13...

5 Steps to Florida Insurance Takeouts | WaterStreet Company

Insurers today are in a highly competitive market. To receive greater market share, expansion to new locations and new business strategies may be required. Insurance takeouts are one such strategy in the state of Florida that can give insurers a new customer base. What...

New Orleans private company charges $190 per wreck case

The next time you're in a wreck in New Orleans, a private company is more than likely to respond, with agents who have no arresting powers.And while they get to the scene much more quickly than police officers, some say the rapid response...

First Quarter 2025 Company Fact Sheet – Insurance News

Key Financials1 $3.29 After-tax adjusted earnings per share $1.2B After-tax adjusted operating income $707M Net income $1.5T Assets under management $96.37 Adjusted book value per share2 $4.9B Highly liquid assets3 PGIM4|AOI of $156M -8% Q1 Selected Business Metrics1(YoY reflects 1Q25 vs. 1Q24) Assets Under Asset Management Fees Management $1.4T Trailing twelve months 39% 22% 21% 13% 5% 3% Public Fixed Income ...