Markets
Personal Auto Driving P/C Insurers to 2024 Underwriting Profit
S&P Global Market Intelligence is forecasting a combined ratio of 99.2 for the U.S. P/C insurance industry overall in 2024, signifying a return to underwriting profitability for the first time ...
What Role Does Insurance Play in a Politically Charged Climate?
Law enforcement officials are continuing to investigate a July 13 shooting at a Butler, Pa. rally for former President Donald Trump's 2024 election campaign. During the incident, the former president ...
California Insurance Commissioner Cuts Workers Comp Rate
A new and decreased rate for workers compensation insurance has been adopted in California, according to Insurance Commissioner Ricardo Lara. The action lowers the annual benchmark rate from $1.41 to ...
S&P GMI Performance Rankings: E&S Insurer Kinsale Takes Top Spot
A hard market, resilient domestic macroeconomic conditions and strong underwriting results have elevated specialty commercial carriers to the top of S&P Global Market ...
P/C Insurer CFO Viewpoints on PFAS
PFAS was a hot topic at the recent Casualty Actuarial Society Seminar on Reinsurance in June. But at a separate meeting held around the same time—the S&P Global ...
PFAS by the Numbers: $165B Ground-Up* Litigation Losses Possible
When Frank Demento received a mailing from managers of his water district on Long Island last year, the news it contained seemed pretty good.
What Happened to Reinsurance ‘Class of 2023’? Hard Market Defies Age-Old Patterns.
Catastrophic events, such as major hurricanes and the Sept. 11 terrorist attacks, traditionally have led to hard markets that in turn drove the formation of startup reinsurers to fill capacity needs. ...
Wildfire Risk Rises as Western States Dry Out Amid Ongoing Heat Wave
Authorities in Western states warned of the rising risk of wildfires as hot conditions and low humidity dry out the landscape amid a protracted heat wave that is expected to bake much of the U.S. ...