AM Best warns that favorable investment environment may discourage necessary rate actions as tort reform changes and social inflation drive claims severity.
Allianz report shows 75% decline in vessel losses over past decade, but warns new challenges from conflicts, cargo theft and alternative fuel transition could offset safety gains.
Marathon Strategies report reveals 52% increase in multi-million dollar awards, even as several states pursue legislative reforms to curb rising liability.
New technology deployments and extended forecast capabilities aim to improve storm tracking as experts anticipate 3-5 major hurricanes during continued “high activity era.”
The workers’ compensation insurance industry posted an 86% combined ratio in 2024—marking its 11th straight year of underwriting gains, according to NCCI’s State of the Line report.
Triple-digit growth among top fronting carriers and evolving reinsurance strategies signal promising future despite performance headwinds in key lines, Gallagher Re reports.
AI-driven innovation and strategic investments fuel the ‘insurtech spring’ as P&C insurtechs lead recovery with $1.13 billion in fresh capital, Gallagher Re reports.