Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Independent Agencies’ Market Share Shows Small Decline; Strong Hold on Commercial Lines with Opportunity to Grow in Personal Lines
Aug 4 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 P/C lines nationwide. That’s according...
US Tariffs Projected to Slow Global Economy and Insurance Premium Growth: Swiss Re
Aug 4 2025 // Global growth is slowing as U.S. tariff policy reduces trade and heightens geopolitical uncertainty, which ultimately will lead to decelerating growth in insurance premiums, according to Swiss Re. Global GDP growth...
5 Evolving Trends Shaping Architects and Engineers Coverage
Aug 4 2025 // The architects and engineers (A&E) sector is changing rapidly as design professionals adopt new project delivery methods and technology tools to increase efficiency and reduce costs. As the sector evolves, A&E...
Florida OIR Approves 31.5% ‘Catch-up’ Rate Increase for TRUE, Despite Missed Filings
Aug 1 2025 // Florida’s Office of Insurance Regulation this week approved an average 31.5% increase in homeowner rates for Trusted Resource Underwriters Exchange – one of the largest Florida rate hikes in two years – despite...
Newsom Seeks $18B for Utilities’ Wildfire Fund as California Faces Future Blazes
Jul 31 2025 // California Gov. Gavin Newsom is circulating a legislative proposal to shore up a state fund for utilities that’s at risk of being depleted following the deadly wildfires that struck Los Angeles County in January. The...
Texas Auto Insurer for Residual Market Approved for Rate Increase
Jul 30 2025 // The Texas Department of Insurance (TDI) said in a bulletin this month that it has approved private passenger and commercial auto rate increases for the Texas Automobile Insurance Plan Association (TAIPA), the state’s...
The Hartford Net Income Up 35% on Premium Growth
Jul 28 2025 // Net income at The Hartford increased 35% to $990 million in the second quarter 2025 as personal lines returned to profitability compared to the same period a year ago. Q2 property/casualty written premiums increased 8%...
Viewpoint: Driverless Cars Are Changing the Future of Claims
Jul 28 2025 // In the age of a tech-fueled automotive transformation in which vehicle usage is at an all-time high, the public perception of uncertainty around driverless cars remains. As of 2025, only 13% of U.S. Consumers would trust...
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...
