Industry News
Data Centers Offer a Potential $10 Billion Windfall for Insurers
Soaring demand for insurance coverage related to data center construction is creating a "meaningful growth opportunity" for the industry, outstripping some traditional insurance markets, according to ...
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model
Alternative investment managers are pouring unprecedented sums of money into the market for property cover, and reshaping a 180-year-old reinsurance model in the process. Allocations to catastrophe ...
Trump Blockade of Iran Ports Risks Widening War to High Seas
President Donald Trump's threat to blockade the Strait of Hormuz after talks with Iran collapsed over the weekend risks widening a war now entering its seventh week, lifting oil prices and raising ...
Executives on the Move: New Claims Officers at Chubb, RLI
Chubb Limited announced that Kevin Rampe has been named senior vice president, Chubb Group, Global Claims Officer. The appointment is effective immediately. He will also retain his responsibilities ...
Vehicle Customization, Strong Used Car Market Create Headache for Auto Underwriters
The sheer number of vehicles with unique configurations, along with a volatile used car market, is disrupting accurate insurance valuation and cutting into insurer profits, according to a new report ...
Insurer Nationwide Operating Income Up 37% in 2025
Insurer Nationwide finished 2025 with net operating income up 37% compared with 2024, to $4.3 billion as total sales and premiums were up 7% to a record $73.2 billion. The Columbus, Ohio-based mutual ...
U.S. E&S Growth Slows Again; Declining Berkshire Volume Tops Leaders
A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 7.8% in 2025, marking the first single-digit growth rate ...
GAO: Wind Risk Linked to Larger Insurance Premium Jumps Than Wildfire
A new report from the Government Accountability Office finds that average premium increases between risk levels are larger for wind than for wildfire. Between 2019 and 2024, homes in areas classified ...