Corporate Class Action Spending Projected to Hit $4.8 Billion as Nearly All Large Companies Face Regular Claims

Class action defense costs have more than doubled over the past 15 years, with a 28% jump in new filings expected in 2026, according to Carlton Fields’ annual Class Action Survey.

US Excess and Surplus Market Growth Slows to Single Digits as Commercial Property Premiums Decline

The E&S market surpassed $100 billion in direct premiums written for the first time in 2025, but its growth rate fell to 7.8% — the lowest in eight years, according to S&P Global Market Intelligence.

Workers’ Comp Provider Networks Cut Total Claim Costs by 26%, Drive Faster Access to Care

Workers’ compensation networks reduce overall claim costs significantly and shorten disability duration by 1.5 weeks, according to the WCRI.

Court Allows Insurers’ Contract Claims to Proceed in Cybersecurity Dispute

When Delaware-based software application and data hosting provider for nonprofits, Blackbaud Inc. suffered a major ransomware attack, sensitive data and information about their clients hung in the crosshairs.  

Court Sides With Insurers in Fight Over Captive Insurance Settlement Costs

In 2014, two individuals sued Chemical Solvents for bodily injury caused by exposure to chemicals. The company then tendered the defense to its insurers, Greenwich Insurance Company and Illinois National Insurance Company.

Court: Broken Glass Could Be a ‘Pollutant’ Under School’s Insurance Policy

Cookie and Tracking Litigation Emerges as a Major Cyber Loss Driver for SMBs

Privacy class actions tied to routine website tracking have surged nearly tenfold since 2022, with small and midsize businesses bearing a disproportionate share of exposure, according to KYND.

Marya Propis Named President of Retail Distribution at RT Specialty

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Ben Johnson Named President of Ironshore at Liberty Mutual Insurance

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Pam Rushing Named Chief Operating Officer, Neil Ziegler Named Chief Underwriting Officer at Church Mutual

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Data Centers Powering AI Create Unprecedented Risk Accumulation Challenges for Insurers

Construction costs for a single data center location can exceed $20 billion — double once technology is installed — creating concentration exposures in catastrophe-prone areas, according to Swiss Re Institute.

Workforce Instability Now a Primary Safety Risk, Industry Listening Tour Finds

The American Society of Safety Professionals identified five themes reshaping workplace safety, including skills gap as a result of demographic shifts.

Cyber Threats Intensify as Nearly 9 in 10 Executives Say Their Companies Lack Adequate Protection

A new Munich Re report finds that ransomware, supply chain attacks and AI-driven threats are expanding the cyber risk landscape while the vast majority of exposures remain uninsured.

Drivers Report Worsening Road Conditions as Distraction, Aggression and Recklessness Climb

A Nationwide survey finds that consumers and commercial drivers overwhelmingly perceive U.S. roads as more dangerous than a year ago.

Executive Lines Market Faces Growing Volatility Beneath Surface-Level Calm

Ransomware losses, AI-driven exposures and nuclear verdicts threaten to disrupt the currently stable executive lines insurance market, according to Risk Placement Services.

Severe Convective Storm Losses Hit $208 Billion Over Three Years as Hail Emerges as Top Claims Driver

Cumulative losses from severe convective storms now exceed those from hurricanes, challenging the traditional classification of these events as ‘secondary perils,’ according to Allianz Commercial.

Slow Hiring Amid Resilient GDP Creates Mixed Signals for Workers’ Compensation in 2026

The U.S. economy grew at a 2.0% pace in 2025, but the labor market experienced its weakest job growth outside of a recession since 2003, creating a complex outlook for workers’ compensation, according to NCCI.

AI Tops Insurance Executive Priorities as Regulatory Concerns and Market Volatility Reshape the Risk Landscape

AI has become the top priority for insurance industry leaders heading into 2026, according to the International Insurance Society’s Global Priorities Report.

Brian Shea Named Senior Partner of National Construction Practice at Conner Strong & Buckelew

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Michelle Quintero Named Executive Vice President with Alliant Private Client at Alliant Insurance Services

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