Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Global Commercial Insurance Rates Drop 4% but Casualty Rates Are Rising: Marsh
Jul 24 2025 // Global commercial insurance rates fell 4%, on average, in the second quarter of 2025 following a 3% decline in Q1 2025, according to the latest Global Insurance Market Index released by Marsh, the insurance brokerage...
Competition Among European P/C Insurers Is Rising, Along With Claims Inflation: S&P
Jul 23 2025 // Competition among European non-life primary insurers is increasing, despite rising claims inflation, according to S&P Global Ratings in a report on the European insurance sector. Property/casualty commercial insurers...
Weather-Related Losses Cause AM Best to Revise Brethren Mutual’s Outlooks
Jul 23 2025 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Brethren Mutual Insurance Co. in...
World Court Is Poised to Mark Future Course of Climate Litigation
Jul 23 2025 // The United Nations’ highest court will deliver an opinion on Wednesday that is likely to determine the course of future climate action across the world. Known as an advisory opinion, the deliberation of the 15 judges...
Big I: Independent Agencies’ Market Share Shows Small Decline
Jul 23 2025 // The independent agency channel placed 61.5% of all property/casualty insurance written in the U.S. in 2024, a slight decline from 2023 where independent agents placed 62.2% of property/casualty lines...
AI Should Run on 100% Renewable Energy by 2030, UN Chief Says
Jul 23 2025 // Major tech firms should commit to fully powering data centers with renewable energy by 2030, said United Nations Secretary-General António Guterres. Big tech also must be responsible in its use of water for cooling,...
Chubb Q2 Net Income Jumps 33% on Premium Growth, Underwriting
Jul 23 2025 // Chubb followed up a challenging first quarter due to the California wildfires with second quarter net income of nearly $3 billion, up about 33% compared to the same quarter a year ago. Second quarter P/C underwriting...
AM Best Revises Outlook to Negative for Wisconsin’s Society
Jul 21 2025 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Society Insurance, a mutual...
Drone Crashes, Security Threats Have States Demanding Power to Take Them Down
Jul 21 2025 // While authorities were desperately trying to save people from the deadly Fourth of July floods in Kerr County, Texas, a private drone collided with a search and rescue helicopter and forced it to make an emergency landing,...
Q2 Composite Personal Lines Rates Up 4.6%; Commercial Up 2.8%
Jul 21 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased in the second quarter by 4.6% compared to 4.9% during the first quarter. Dallas-based MarketScout, a division of Novatae...
US Excess & Surplus Lines Growth Slowed Again in 2024; Berkshire, AIG Top Premium Rankings
Jul 21 2025 // 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 13.4% in 2024, down from 14.5% a year earlier. While growth stayed up in double...
Behind the Surge: What Cyber Claims Say About the Future of Risk
Jul 21 2025 // The U.S. cyber insurance market witnessed a surge in reported claims, reaching a record 33,561 incidents, according to the 2024 NAIC Cyber Insurance Report. This escalation underscores the growing complexity and frequency...
Survivors’ Lawyers Allege Decades of Systemic Abuse in Illinois Detention Facilities
Jul 18 2025 // Illinois has one of the nation’s worst problems with child sex abuse at juvenile detention centers, attorneys representing more than 900 survivors who have filed lawsuits said Wednesday. Dozens of complaints,...
AM Best Revises Outlook to Negative for Texas’ Southern Vanguard
Jul 18 2025 // AM Best announced it has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Southern Vanguard...
Cybersecurity Bosses Grow Increasingly Worried About AI Attacks and Misuse
Jul 17 2025 // Nearly a quarter of cybersecurity bosses said their companies have experienced an attack powered by artificial intelligence in the past year, according to a new survey in which AI risk emerged as the defining...
Marsh McLennan Reports Q2 Organic Revenue Growth of 4%, Down From Q2 2024
Jul 17 2025 // Marsh McLennan reported consolidated revenue during the second quarter of 2025 of $7.0 billion, an increase of 12% from $6.2 billion in Q2 2024, with underlying (organic) revenue growth of 4%, compared with an increase of...
United Natural Foods Projects Up to $400 Million Sales Hit After Cyber Breach
Jul 17 2025 // Providence, Rhode Island-headquartered United Natural Foods on Wednesday flagged about $350 million to $400 million hit to its fiscal 2025 net sales from an unauthorized activity on its internal networks. The grocery...
State Farm Implements 27% Rate Increase for Illinois Homeowners
Jul 15 2025 // State Farm is implementing a significant rate hike for Illinois homeowners, citing more frequent severe weather events and rising home replacement costs that are driving up the cost and frequency of claims. The rate hike...
Insured Losses From US Hurricanes Could Rise by 50% With Global Warming
Jul 15 2025 // Insured losses from U.S. hurricanes could rise by nearly 50% under a 2°C (3.6°F) global warming scenario, according to MS Amlin, the Lloyd’s global re/insurer. A peer-reviewed study published in the Journal of...
UK Farmers Face Increased Fire Risks as Dry Weather Persists
Jul 15 2025 // British farmers are facing increased fire risks to both their fields and harvesting machines, following a long spell of hot, dry weather. Incident reports from fire and rescue services over the weekend show blazes hitting...
