Markets
California Bill Would Double Insurer Penalties for Unfair Claims Practices
A bill that promises legislative reform in California to speed up disaster recovery for homeowners and renters through improved insurance coverage and expanded consumer protections was introduced on ...
A Year Later, LA Wildfires Were ‘Significant Stress Event’ for Insurance: Morningstar
In a report one year on from the Los Angeles area wildfires in 2025, which started on Jan. 7, Morningstar DBS Research issued a perspective that called the fires "a significant stress event" for ...
Good Times for U.S. P/C Insurers May Not Last; Auto Challenges Ahead
In their latest report on the U.S. auto insurance market, analysts from S&P Global Market Intelligence predict the strongest overall U.S. property/casualty insurance underwriting results in 18 ...
California Workers Comp Combined Ratio for 2024 Highest in 20-Plus Years
After three consecutive accident years with relatively stable loss ratios, the projected loss and allocated loss adjustment expense ratio for California's workers compensation market for accident ...
Justice Department Using Fraud Law to Target Companies on DEI, WSJ Reports
The Trump administration has launched investigations into the use of diversity initiatives in hiring and promotion at major U.S. companies, the Wall Street Journal reported. Google and Verizon are ...
Howden US Tells Judge Brown & Brown Employees Fled Due to ‘Mistreatment’
In a Christmas court filing, Howden US filed its response to a request by rival Brown & Brown for a temporary restraining order, saying the recent exodus of Brown & Brown employees to Howden ...
Carrier Management’s 2025 Top Insurance News Articles (Reader’s Picks)
In a year when hurricane losses didn't make headlines, and improved personal auto results drove massive improvements in underwriting profit across the property/casualty insurance industry, news about ...
Market Softening Accelerates During 1/1/2026 Re Renewals
Expanded reinsurance capacity resulted in accelerated softening of pricing across many lines during the Jan. 1, 2026 renewals, according to Guy Carpenter, which also indicated a double-digit drop in ...