With only 11% of cryptocurrency holders insured despite strong demand, insurers face both significant challenges and substantial opportunities, according to commentary from AM Best.
High-cost health claims jumped 29% in the past year and 61% over four years, with cancer leading the surge and nearly 90% of self-funded employers hit by catastrophic expenses, Sun Life reports.
Managing General Agent (MGA) premiums grew by 14.5% to $89.9 billion in 2024, marking the fourth consecutive year of double-digit growth despite moderating pricing in certain insurance lines, according to AM Best.
CLARA Analytics research reveals machine learning models can identify suspicious claims patterns weeks before traditional methods, potentially saving billions in fraudulent payouts.
A slew of factors have been contributing to workplace injury costs and long recovery times for employees since the pandemic, according to Travelers’ 2025 Injury Impact Report.
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.