Markets
Trump Tariffs Could Intensify U.S. Trucking Industry Slump, Experts Say
President-elect Donald Trump's threatened tariffs on top trade partners China, Mexico and Canada would deal a blow to the $1.7 trillion U.S. transportation industry and worsen a nearly three-year ...
AIG Leads Launch of Reinsurance Syndicate at Lloyd’s
American International Group announced it has led the launch of a new reinsurance syndicate at Lloyd's. Commencing underwriting from Jan. 1, 2025, Syndicate 2478 will be a multi-year participant on ...
Soft Market Ahead? The Role of Digital Transformation for E&S Insurers
The insurance market is shifting quickly, with new risks, technology and challenges to manage. For E&S carriers, this has created unique opportunities as hard market conditions persist. Limited ...
What’s Not Changing in 2025: Homeowners Outlook, Re Retentions
When analysts at AM Best reviewed outlooks for the property/casualty insurance and reinsurance sectors this week, recent good news of a change in outlook for personal lines—and for the personal ...
U.S. Commercial Lines Prices Up About 6% Again: WTW CLIPS
Broker WTW said commercial lines insurance rates increased overall by an average of 6.1 percent during the third quarter 2024. Quarterly price increases have been around 6 percent since the end of ...
Don’t Touch Fla. Reforms, Panelists Implore
Regulators, insurance companies and attorneys at the Florida Chamber of Commerce Annual Insurance Summit this week sent a clear message to lawmakers about tinkering with Florida's property insurance ...
Top Carriers Connecting: How Agents Rank Insurers On Digital Experience
Carriers are on the hunt for quality agencies to make new appointments, according to a new report, which also found that the top way they're finding them is at industry tradeshows and events. While ...
Farmers To Resume Calif. Condo, Renters Cover; Write More HO Policies
Farmers Insurance said on Wednesday it will resume offering coverage for multiple lines of insurance in California to new customers. The lines include condominium, renters, umbrella, landlord, vacant ...