Latest Market Headlines
All the headlines from our Market Topic Page, ordered by recency.
AM Best: US P/C Industry Records $1.1B Underwriting Loss for Q1
Jun 9 2025 // Growth in net earned premiums during the first three months of 2025 was offset by losses and expenses, resulting in a $1.1 billion net underwriting loss of the U.S. P/C industry. According to industry rating agency AM...
Homeowners Insurance Market Turns Corner
Jun 2 2025 // If you write personal lines–or own a home–then you know. Homeowners insurance rates are up–significantly in some states such as Texas. But better news is around the corner judging by a new industry...
Hard Market, Valuable Research, Public Perception & Antitrust Litigation Pressure Higher Education World
Jun 2 2025 // The U.S. higher education insurance market is as diverse as the academic degrees these institutions offer. But one recent challenge facing the sector is a downturn in public trust that may be contributing to the increased...
Why Trump’s Plan to Stop Tallying Weather Losses Matters to the Insurance Industry
May 9 2025 // Extreme weather is an increasingly expensive problem in the US. Last year, fires, droughts and storms caused more than $182 billion in damages — but going forward, the federal government won’t be keeping track. The...
Auto Insurance Market Stays Rational Despite Improved Trends, Says Allstate
May 5 2025 // Allstate Corp. CEO Tom Wilson said he does not expect auto insurers to get more aggressive on pricing as the industry’s rate increases seem to have leveled off. For the most part, Wilson explained to analysts during...
Florida Bill Would End Board of Engineers and Other Professional Agencies, Raising Concerns for Insurance Industry
May 5 2025 // Elon Musk’s age of government efficiency has spread to Florida, with legislation that would abolish at least 22 state boards that oversee licensing and disciplinary reviews for engineers, contractors, building...
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...
