Insured Losses From Natural Disasters Hit $140B as Climate Change ‘Shows Its Claws’ January 27, 2025 By L.S. Howard Insurers saw the third most expensive year for natural catastrophe losses in 2024 — reaching a total of $140 billion...
Strategies for Brokers as M&A Slows and Insurance Rates Soften January 27, 2025 By Robert Held The brokerage industry is adapting to a changing landscape as macroeconomic conditions temper the tailwinds that have driven growth in...
Big Recruiting Challenges Ahead for Insurance Agencies in 2025 January 27, 2025 By Mary Newgard Have you felt like hiring and recruiting has been harder lately? It’s tough to find good candidates. People seem less...
Industry Trends to Exploit for 2025 – Part Two January 27, 2025 By Catherine Oak and Bill Schoeffler This article follows Part One from last month and covers group benefits and health insurance, the effects of natural disasters...
Reinsurance Buyers With Good Portfolio Stories See Better Renewal Outcomes: Brokers January 27, 2025 By L.S. Howard Reinsurance buyers generally found ample capacity during January renewals as well as increased reinsurer appetite, which led to risk-adjusted rate...
Texas Workers’ Comp is Growing, Profitable, Adding Doctors December 2, 2024 By Jahna Jacobson Texas’s worker’s compensation market is stable and steadily growing. The workers’ comp market is one of the few consistently profitable...
Minnesota County to Pay $3.4M to Settle Suit Over Detainee’s Death December 2, 2024 Minnesota’s most populous county will pay $3.4 million to settle a lawsuit that alleged jail workers ignored the pleas of...
TWIA Board Reviews 2025 Budget After $455 Million Loss from Beryl December 2, 2024 The Texas Windstorm Insurance Association Board of Directors met in November to review information related to the agency’s 2025 budget....
New Hampshire High Court Invalidates Geico Underinsured Claim Provision December 2, 2024 By Andrew G. Simpson A claim provision requiring insureds to seek underinsured benefits from their auto insurer within three years of an accident is...
Texas Agency Seeks $100M to Tackle Well Blowouts December 2, 2024 By Carlos Nogueras Ramos, The Texas Tribune Unable to keep up with the growing number of leaking and erupting wells in the state’s oil fields, the Texas...