Markets
National Flood Insurance Program Once Again on the Verge of Expiration
About six months after Congress passed a short-term reauthorization, the National Flood Insurance Program (NFIP) will soon expire—a prospect that could cause coverage lapses for policyholders with ...
AM Best: Commercial Auto Liability Drags Down Segment and It Could Get Worse
Commercial auto has been a dark cloud hanging over the U.S. property/casualty industry for more than a dozen years—and things are getting worse. For the 14th consecutive year, commercial auto has ...
China’s EV Boom Saddles its Auto Insurers With Chronic Losses
China's giant electric vehicle insurance market is flailing. Losses are piling up, as companies' risk models haven't kept up with changes in vehicle economics and driver behaviors. The country now ...
The MEMIC Group to Acquire The Dakota Group, Including Risk Administration Services
Workers compensation specialty insurer The MEMIC Group, led by parent company Maine Employers' Mutual Insurance Company, has entered into an agreement to acquire The Dakota Group, including Risk ...
Inflation Hits Med Mal: Actuaries Estimate $4B for Economic + Social
An actuarial report published earlier this month put a $4 billion estimate on inflation's effect on medical malpractice insurance losses over the last decade, without gauging the separate impacts of ...
Travelers, Nationwide Leap Up in J.D. Power Renters Insurance Ranking
In spite of the fact that almost half of homeowners insurance customers faced higher premiums in 2025, the average customer satisfaction score tallied by J.D. Power barely budged from the average in ...
Firings After Comments on Kirk’s Death Raises Questions on Worker vs. Employer Rights
In the days following the fatal shooting of conservative activist Charlie Kirk, numerous workers have been fired for their comments on his death, among them MSNBC political analyst Matthew Dowd. ...
Exclusive Member of Reinsurance Class of 2025: Duperreault’s Cedar Trace
There are certain traits of hard reinsurance market cycles: prices rise, terms and conditions tighten, and new Bermuda reinsurers are formed to help fill capacity needs -- known in the past by the ...