Product recalls dipped slightly in 2024, yet total events hit second-highest mark in six years across major industries, according to State of the Nation 2025 Product Safety and Recall Index.
Surplus lines market shows robust growth in number of transactions and premium volume as complex risks drive demand, the Wholesale & Specialty Insurance Association reports.
Securities class actions rise in 2024, with AI and COVID-19 cases leading growth while SPAC filings plummet, shows a report by Cornerstone Research and Stanford Law School.
Global catastrophe losses hit $417 billion in 2024, with climate change driving unprecedented weather events and insurance claims, according to Gallagher Re’s latest report.