Markets
U.S. E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings
A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4 percent in 2024, down from 14.5 percent a year ...
Claims Against Insurance Companies: How to Avoid Bad Faith Setups
Insurance companies are in the business of providing important financial and logistical assistance when customers experience some kind of event or incident covered by a policy. Those things—often ...
Interpreting the Data: How AI-Powered Camera Platforms Redefine Fleet Safety
In the transportation industry, one bad accident can do more than derail a route—it can threaten a company's future. Rising premiums and stricter underwriting standards are forcing fleet operators ...
Trump Can’t End FEMA But It Needs Reform, Says Obama’s FEMA Head
President Donald Trump has repeatedly said he intends to whittle down or phase out the Federal Emergency Management Agency, and last week he gave a rough timeline for that: "after hurricane season." ...
Q1 2025 Property Claims Count Hits 5-Year Low: Verisk
The first three months of 2025 brought devastating wildfires to California, significant wind and hail events to Texas, and substantial increases in tornado activity to "Tornado Alley," but claim ...
Erie Insurance: ‘No Evidence’ of Ransomware in Outage; TMNA Updates
Erie Insurance said it has "seen no evidence of ransomware and there is no indication of ongoing threat actor activity" in a June 17 update on its 10-day long network outage. That statement would ...
Construction Sector: Data Centers Help Power Optimism Despite Uncertainty Over Economy
Construction insurance specialists cite a number of factors in describing the 2025 construction industry as a market in transition. There is uncertainty about the year's economic outlook, potential ...
U.S. Homeowners Insurance Rates Rose 40.4% in Six Years, Report Shows
U.S. homeowners insurance rates rose 40.4 percent over the past six years, with the biggest increases hitting in the last two years, a new report shows.
Rate Growth Slows, Moving Violations Increase: The Road Ahead for Auto
The auto insurance market is shifting gears. Last year, the sector saw premium growth, lower retention rates and improved loss ratios, leading to a softening market and increased profitability. ...