Markets
20 Years Later, Hurricane Katrina’s Impact Echoes in Models, Mitigation and Reforms
Twenty years after Hurricane Katrina swamped parts of Louisiana and Mississippi, the property insurance sector is better prepared for another catastrophic storm and the litigation that may follow, ...
Crum & Forster Upgraded to A+; Aspen, Sompo Ratings Under Review
Notable announcements on insurance company financial strength ratings last week included AM Best's upgrade of Crum & Forster Insurance Group, and various rating agency announcements about a ...
Cyber Outlook Report Finds Gaps, Outlines Holistic Approach to Protections
As the cyber market matures, it's increasingly evident that fighting off cyber attacks is going to be an ongoing team effort. Brokers, carriers, cybersecurity organizations and insureds all play a ...
TransUnion: Aggressive Shopping Continues for Home, Auto Coverage
More and more consumers are looking for lower prices to protect their investments as the costs of owning both properties and vehicles continue to rise. According to the Q3 2025 Insurance Personal ...
Another HO Insurer, Viceroy, Approved for Florida Market, Regulators Say
Yet another property insurance carrier has been approved to do business in Florida, this one a sister company to Monarch National Insurance, based in Tallahassee. Viceroy Preferred Insurance Co. is ...
‘Big Four’ Reinsurers Maintain Property-Cat Appetite, Despite Signs of Rate Softening
Europe's four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR – are maintaining their appetite for property-catastrophe risks as well as their ambitious profit targets for 2025, ...
Reinsurers Have Made Major Structural Changes to Improve Profits. Will Discipline Last?
Reinsurance underwriting remains disciplined, with terms and conditions and attachment points largely intact, despite signs of rate moderation, according to an AM Best market segment report. During ...
$100B-Plus and Growing: Aon Reports on MGA Market
Aon published a report on the MGA market this week, estimating $109.2 billion in direct premiums written by MGAs in 2024, identifying State National as the biggest MGA-dedicated carrier and ...