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Nearly Half of Organizations Seeking Cyber Insurance Amped Up Security to Qualify
Poll: More Americans Blame Climate Change for Extreme Weather
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Rising Claims Costs Limit U.S. P/C Profitability in 2023
James River Sells Individual Risk Workers Compensation Renewal Rights to Amynta Group

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Executive Viewpoint: Advice to Retiring CEOs
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Outlook on State Farm A++ Rating Now Negative: AM Best
Calif. Commish Calls for Biggest Reform Since Prop 103; Planned Fixes Detailed
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Breaking: California to Offer Insurers More Leeway to Set Rates for Fire Risk
For 5th Straight Year, Surplus Lines Sees Double-Digit Growth: AM Best
U.S. Workers Less Motivated Than in 2022, New Data Shows
Level 5—Full Self-Driving Vehicles—’Will Never Exist,’ Researcher Says
When Will the Hard Reinsurance Market End?
After Countrywide Pause, InsurTech Hippo Slowly Reemerging Next Week

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Reinsurance Market Soft in 2025? Hard Market Party Still On for Now
Understanding the Impact of Recessions on Workers Compensation
D&O Underwriters May Be Worried About the Wrong Greenhouse Gas
Transforming Enterprise Risk Management From ‘Have To’ to ‘Want To’

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Rating Agencies

Outlook on State Farm A++ Rating Now Negative: AM Best

AM Best revised the outlooks of the A++ financial strength rating and aa+ long-term issuer credit ratings of State Farm Mutual Automobile Insurance Company (State Farm Mutual) and two affiliates, the ...

For 5th Straight Year, Surplus Lines Sees Double-Digit Growth: AM Best

Total U.S. surplus lines direct premiums written (DPW) rose by 19.2 percent to reach a record $98.5 billion in 2022, marking a five-year streak of double-digit growth rate increase, according to a ...

First-Half U.S. P/C Underwriting Loss Just $2B Shy of Full-Year Loss for ’22

The net underwriting loss total for the U.S. property/casualty industry, $24.5 billion, is $2 billion less than total losses recorded for all of 2022, according to a new AM Best report. Catastrophe ...

Top 15 E&S Writers: Lloyd’s, Berkshire Still Lead as All Major Players Grow

The U.S. excess and surplus lines market reported double-digit growth for the fifth straight year in 2022,with second-ranked Berkshire Hathaway pushing the total growth figure for the E&S market ...

Reinsurers Continue to Lead in Post-Pandemic Innovation

Innovation in the insurance industry, accelerated by COVID-19, has continued largely due to consumer appetite and market competition, according to a newly released report by AM Best. Predictive ...

Top 15 Non-Life Reinsurers: AM Best’s Latest Ranking

Munich Re still holds the top spot on AM Best's annual ranking of global reinsurance groups but Hannover Re took the No. 2 position in a ranking based solely on non-life reinsurance premium volume. ...

Not Your Grandpa’s Hard Reinsurance Market; Profits Return, Discipline Stays

The current property-catastrophe reinsurance market is one of the hardest in decades—and very different from previous ones, a new AM Best report notes, also predicting that underwriting discipline ...

Rate Hikes Not Bringing Profit to U.S. Auto Insurers: Fitch

Jumps in rates and written premiums did little to move the needle on underwriting profits for U.S. personal auto insurers, Fitch Ratings reported based on a recent review of midyear results of nine ...

NAIC Weighs Overriding Credit-Rating Companies

The National Association of Insurance Commissioners is gearing up to challenge credit graders by overruling ratings on certain assets bought by insurance ...

Will S&P Change ‘Negative’ Reinsurance Outlook to ‘Stable’ in ’23?

While no one directly asked the question of this article's headline at the S&P Global Ratings June annual insurance conference, the prospect that an outlook change is near came into view during ...
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  • Rising Claims Costs Limit U.S. P/C Profitability in 2023

  • Nearly Half of Organizations Seeking Cyber Insurance Amped Up Security to Qualify

  • Poll: More Americans Blame Climate Change for Extreme Weather

  • James River Sells Individual Risk Workers Compensation Renewal Rights to Amynta Group

  • Why Hurricane Costs Keep Rising Even as Building Codes Get Tougher

  • California Governor Vetoes Bill Banning Robotrucks Without Safety Drivers

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Contributors

Rick ParksExecutive Viewpoint: Advice to Retiring CEOsGraham TibbetsD&O Underwriters May Be Worried About the Wrong Greenhouse GasRhianwen Davies50 Shades of Catastrophe Model Vendor TransparencyMark KrissD&O Underwriters May Be Worried About the Wrong Greenhouse Gas See Our Contributors

Features

  • Level 5—Full Self-Driving Vehicles—’Will Never Exist,’ Researcher Says

  • Executive Viewpoint: Advice to Retiring CEOs

  • 50 Shades of Catastrophe Model Vendor Transparency

  • Hard Market Pressure: Surplus Lines Lifting Heavy Load in Turbulent Times

  • Reinsurance Market Soft in 2025? Hard Market Party Still On for Now

  • A Renewed Approach to Recruiting and Retaining Talent

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