Behind the Surge: What Cyber Claims Say About the Future of Risk July 21, 2025 By Trent Cooksley The U.S. cyber insurance market witnessed a surge in reported claims, reaching a record 33,561 incidents, according to the 2024...
Two More Insurers Enter Florida Market as Storm Season Warms July 21, 2025 Two more property insurers put their toes in the Florida market this summer, bringing to 14 the number of new...
Texas, Oklahoma Among States Trying to Lure Corporations Away From Delaware July 21, 2025 By Mingson Lau Lawmakers in Texas, Oklahoma and Nevada have recently approved changes aimed at helping their states dip into the lucrative side...
WCIRB: 2024 Losses, Expenses in California Workers’ Comp 108% of Earned Premium July 21, 2025 Total losses and expenses in California’s workers’ compensation system incurred in 2024 were $16.7 billion, or 108% percent of earned...
Big ‘I’ Celebrates Continued Tax Deduction for Many Independent Agents July 21, 2025 The Independent Insurance Agents & Brokers of America (Big “I”) on July 4 celebrated the passage of the “One Big...
Washington Board to Eye Insurer AI Use July 21, 2025 Washington Insurance Commissioner Patty Kuderer convened her first Artificial Intelligence Advisory Board meeting in Seattle to look at the insurance...
US Excess & Surplus Lines Growth Slowed Again in 2024; Berkshire, AIG Top Premium Rankings July 21, 2025 By Susanne Sclafane A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus...
Travelers Subsidiary Ordered to Pay $44M in Missouri Wrongful Conviction Case July 21, 2025 By John Hanna A man won $11 million in a lawsuit against police after his conviction for killing a Missouri newspaper’s sports editor...
Q2 Composite Personal Lines Rates Up 4.6%; Commercial Up 2.8% July 21, 2025 According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased in the second quarter by 4.6%...
Turning Non-Standard Risks Into New Revenue: How Agents Can Capitalize July 21, 2025 By David Wilson Independent agents could be turning away nearly half of their prospective clients. The years of independent agents chasing “standard and...