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.
Nearly 60% of companies expect negative financial impact from Trump trade policies, matching losses from Ukraine conflict as political risk reaches enterprise-level concern, Willis finds.
Although mental health claims make up less than 2% of workers’ comp cases, they can triple claim duration, but early behavioral health intervention offers a powerful solution, dramatically improving recovery timelines and return-to-work outcomes.