Markets
Today’s Commercial Property Market in ‘Better Place’: Brokers
Commercial property insurance rates continue to fall for most accounts after most property insurers saw profitable books in 2024. That's good news for insureds, commercial property brokers say, as ...
Is State Farm General Too Big to Fail? Calif. Rate Hearing Concludes
"Too big to fail"—a phrase associated with interconnected publicly traded financial services companies in the wake of the 2008 financial crisis—was revived in a new context last week. During a ...
Cyber Insurance Premiums Expected to Soar: Report
The global cyber insurance market is projected to reach approximately $16.3 billion in premiums by 2025, according to a newly published report: "Cyber Insurance - Risks and Trends 2025" by Munich Re. ...
California Wildfires Had Little Impact on Reinsurers’ Risk Appetite During April Renewals
Property-catastrophe capacity remained adequate to meet demand during the April 1 renewals for U.S. reinsurance buyers, despite the record losses from California's January wildfires, according to Aon ...
Report: 75% of Small Businesses Had Workplace Injuries; Mental Health a Growing Concern
Three-quarters of small businesses reported a workplace injury in the past year, while mental health-related injuries grew to become the most common workplace injury, a report using data from more ...
Is State Farm General a Sinking Ship? California Emergency Rate Request Dropped to 17%
Lawyers for State Farm General, the California Department of Insurance and Consumer Watchdog presented opening arguments in a hearing to determine the fate of State Farm's request for an emergency ...
The Workplace Is Changing; So Are the Risks for Employment Discrimination Claims
As technology and social changes transform the workplace, employers and their insurers face a growing risk of employment discrimination claims and lawsuits.
Buyer-Friendly April Reinsurance Renewal Bodes Well for Mid-Year Renewals: Brokers
The April reinsurance renewals saw a competitive, buyer-friendly market with plentiful capacity and price reductions for loss-free accounts – in a continuation of the favorable market conditions ...
Majority of Small Biz Leaders Think AI Will Play ‘Crucial Role’ in Work Safety
More than half of small business leaders believe artificial intelligence will play a "crucial role" in worker safety over the next five years, according to a new report from Pie Insurance. A survey ...