July 2025

UnitedHealth planning market exits, looking to cut 600,000 members

UnitedHealth Group Inc. said it is looking to exit certain markets with the goal of reducing its membership count by 600,000 enrollees as cost pressures that emerged in the first quarter continue to drag on results.

crThe Hanovcer launches Workers' Comp Advantage to simplify, expedite new business process for small commercial clients

The Hanover Insurance Group Inc. announced the launch of Workers' Comp Advantage, a new addition to its business submission platform, designed to simplify and accelerate the quoting and binding process for small business clients.

Hartford names successor to retiring CRO

Hartford has promoted Prateek Chhabra to succeed Robert Paiano as chief risk officer of Hartford, effective Sept. 1, 2025. Paiano will retire from the company at the end of the year following 29 years of service. In his new role, Chhabra will report directly to Christopher Swift, chairperson and chief executive officer at Hartford, according to the company.

Travelers president: Company focused on return to personal auto growth

Travelers Cos. is focused on returning personal automobile insurance to growth after year-over-year policies in force declined 3%, according to Personal Insurance President Michael Klein.

AIG names former Lloyd's CEO as its new president

American International Group named John Neal as president, effective Dec. 1. In his new role, Neal will lead AIG's general insurance organization, which includes the North America commercial insurance, international commercial Insurance and global personal insurance businesses.