Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
Insurance Industry Charitable Foundation Establishes Minnesota Chapter
Apr 23 2025 // The Insurance Industry Charitable Foundation, a nonprofit organization dedicated to helping communities and enriching lives, recently announced the establishment of the IICF Minnesota Chapter, part of the IICF Midwest...
Cyber Insurance Market Size Expected to Soar: Munich Re
Apr 14 2025 // Munich Re said in a recent report it expects the global cyber insurance market to reach about $16.3 billion gross premiums in 2025, with continued growth that will have the market at more than $32 billion in 2023. In...
Insurance Industry Contemplates Knock-On Effect of Tariffs to Claims, Consumers
Apr 8 2025 // Insurance industry analysts, economists, and trade associations have continued to look at the potential effect of President Trump’s tariffs. About a month after Trump looked to impose steep tariffs on China, Mexico,...
US P/C Insurance Industry Income Tops $100B in 2024: Verisk, APCIA
Apr 7 2025 // The U.S. property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income to $170 billion, according to a joint report from Verisk and The American Property...
AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years
Apr 7 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit. AM Best in a “First Look” at U.S. P/C financial results said the industry left 2024 with a...
Young Agents: Last Chance to Share Your Thoughts on Insurance Industry
Mar 31 2025 // Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? This is the final call for participating in this year’s Young Insurance Agents Opinion Survey! The deadline for...
The Insurance Industry’s Talent Crunch: Attracting and Retaining Gen Z
Mar 24 2025 // The last three years have exposed a growing challenge for insurance carriers: attracting, hiring, and retaining young talent. Despite the passing of the so-called “Great Resignation,” the insurance industry...
Hard Market, High Tech: Agriculture Insurance Adapts
Mar 24 2025 // Faced with heightened climate risks and political uncertainties, insurers writing agribusiness and farm and ranch are deploying data analytics and technology as they grapple with a hard market and the need for greater...
US P/C Insurance Industry Income Tops $100B in 2024: Verisk, APCIA
Mar 21 2025 // The U.S. property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income to $170 billion, according to a joint report from Verisk and The American Property...
Ergo Enters US Small Business Insurance Market With Full Buy of Next Insurance
Mar 20 2025 // Munich Re said it has acquired Next Insurance, which will become part of the reinsurer’s major primary insurance business, Ergo. The agreement in place values Next Insurance at $2.6 billion. Ergo already owned nearly...
AM Best: US P/C Industry in 2024 Posts First Underwriting Profit in Four Years
Mar 18 2025 // For the first time in four years, the U.S. property/casualty industry will finish a year with an underwriting profit. AM Best today in a “First Look” at US P/C financial results said the industry left 2024 with...
Tech Sector Sees Softer Insurance Market but Less Comprehensive Policies
Mar 14 2025 // A softer-than-expected market kept insurance premiums for technology companies down or flat in some lines in 2024, according to a new report from business insurance platform Embroker. Embroker’s 2024 Business...
US P/C Industry Improves Despite 2024 Underwriting Loss: Changes in Personal Lines Segment Driver of Expected Improvement
Mar 10 2025 // The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection, most notably in the personal lines sector. A report from industry...
Tariffs Will Negatively Affect Insurance Industry, Says AM Best
Mar 6 2025 // Analysts at AM Best warned that the planned imposition of U.S. tariffs on imports from Canada and Mexico, along with increased tariffs on China, will have a negative effect on the insurance industry—particularly...
Investigations to Legislation: Florida Lawmakers Weighing Insurance Industry Changes
Mar 6 2025 // Florida legislative leaders, facing increasing pressure from the public and the press, this week pledged to investigate property insurers’ financial structures. And bills filed before the 2025 Legislature began this...
What is Insurtech and How is it Transforming the Insurance Industry?
Mar 6 2025 // This post is part of a series sponsored by Darkhorse Insurance. This remarkable transformation is challenging the status quo and pushing the boundaries of what is possible in insurance. Insurtech is not just a buzzword; it...
AM Best: US P/C Industry Improves Despite 2024 Underwriting Loss
Feb 21 2025 // The U.S. property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection. A report from industry rating agency AM Best this week said U.S. P/C...
Connecticut’s Captive Insurance Industry Keeps Growing
Feb 14 2025 // Connecticut continues to grow its captive insurance industry, adding nine new captive insurers in 2024 for a 17% increase over the previous year. In addition to the nine new captives, the state insurance department also...
Michigan DIFS Advocates for Careers in the Insurance Industry as Part of Careers Month
Feb 11 2025 // The Michigan Department of Insurance and Financial Services (DIFS) is highlighting in-demand jobs available to Michiganders in the insurance field as part of Insurance Careers Month. More than 73,000 Michiganders work in...
New York Proposes Plan to Stabilize Broken Taxi Insurance Market
Jan 22 2025 // New York Governor Kathy Hochul proposed measures to stabilize the city’s taxi and rideshare insurance industry, which is reeling from the insolvency of its largest provider American Transit Insurance Co. Two of the...
