Content from Chad Hemenway
Industry Trade Associations Throw More Support Behind FEMA Reform
The American Property Casualty Insurance Association and the National Association of Mutual Insurance Companies were among a handful of organizations to send a letter to federal lawmakers in support ...
WTW to Acquire Newfront in Deal Worth Up to $1.3B
Broker WTW said it has a definite agreement in place to acquire Newfront for up to $1.3 billion in a move to expand its middle-market reach in specialties such as technology, fintech and life ...
Low Volume, High Severity: Verisk Q3 Property Insurance Claims Analysis
A new report from Verisk has found that property insurance claims volume during the third quarter of 2025 was the lowest it has been in the past five years, but claims severity during the period was ...
Foundation Firmed: AM Best Switches View of U.S. Homeowners Insurers to Stable
Insurers of U.S. homes have improved rate adequacy and catastrophe risk management, modified coverage, and benefitted from a softening reinsurance market to earn a change in AM Best's outlook for the ...
‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB
According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the third quarter of 2025 rose by 1.6 percent, as ...
Federal Judge Denies TRO to Marsh in Case Against Former Employees
A federal judge has denied a temporary restraining order against seven former employees of Marsh sued in one of several lawsuits against defectors to join Howden US. Marsh USA early this month filed ...
APCIA: House Judiciary Committee Must Pass Litigation Funding Disclosure Reforms
The American Property Casualty Insurance Association (APCIA) continues to throw support behind two bills scheduled for markup Nov. 18 by the House Judiciary Committee. Committee member Rep. Darell ...
NFIP Reauthorized With Passage of Funding Bill to End Government Shutdown
The National Flood Insurance Program (NFIP) has been reauthorized until the end of January 2026. With the passage of HR 5371, which ended the 43-day shutdown of the federal government, NFIP was ...
Insurers Begin Restricting Privacy Coverage in Response to Evolving Risk
After several years of competitive pricing and capacity expansion, cyber insurers appear to be reassessing coverage breadth.