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The latest people news in the industry today.
New security flaws surged 36% this spring, but the way criminals actually break in — stolen passwords on remote-access systems — barely budged, according to Beazley Security report.
The U.S. casualty market is leaving billions of dollars in adverse reserve development to accumulate largely undetected until it surfaces in financial statements, according to Moody’s.
Swiss Re report finds premium growth holding at 5% CAGR even as AI-driven threats and a widening protection gap push insurers to rethink coverage adequacy
Abundant capital pushed reinsurance and insurance-linked securities pricing lower at mid-year renewals, according to AM Best.
Construction spending topped $2.17 trillion in April 2026 amid labor shortages, rising claim severity and a bifurcated insurance market, according to Gallagher.
Nearly half of insurance companies expect to add staff over the next 12 months, but headcount growth over the past year trailed projections, per The Jacobson Group and Aon.
Agents prefer carriers with simple digital workflows over high commissions, with 90% saying friction has led them to shift business, according to Ivans.
Recalled units across five industries jumped to 941.2 million in H1 2026 from 211.3 million in H1 2025, putting 2026 on pace to top 1 billion units for the first time since 2022, according to Sedgwick.
Speed to care and triage still separate high-performing claims programs even as AI adoption accelerates, according to CorVel.
The line has outperformed the broader property & casualty industry by more than 20 percentage points annually over the past four years, according to AM Best.
New CorVel President and CEO Sarah Scott discusses how clinically integrated claims, AI-enabled decision support and early intervention are reshaping workers’ compensation outcomes.
190 lawsuits against corporate defendants produced verdicts of $10 million or more last year, a 40.7% jump over 2024, according to Marathon Strategies.
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