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Carrier Revenue Growth Expected to Outpace Hiring in Next Year
Sep 8 2025 // Approximately 81% of insurance companies expect to increase their revenue in the next 12 months, but only about 53% expect to increase their staff in that same period, according to a new insurance labor market outlook...
Reinsurers Have Made Major Structural Changes to Improve Profits. Will Discipline Last?
Sep 8 2025 // Reinsurance underwriting remains disciplined, with terms and conditions and attachment points largely intact, despite signs of rate moderation, according to an AM Best report. During the January 2023 renewals, the global...
Insured Losses in Texas Exceed $47 Billion in 2024
Sep 5 2025 // Insured losses exceeded $47.2 billion in Texas last year—a 4.2% increase over 2023, according to a new property and casualty market report from the state’s insurance council. Annual direct losses in Texas have now...
EU Regulator Flags Surge in Online Sales of Counterfeit Weight-Loss Drugs
Sep 4 2025 // The European Union’s medicines regulator said on Wednesday there has been a surge in illegal medicines marketed as weight-loss and diabetes medicines online in recent months across the region, and warned about a...
US P/C Insurance Industry First-Half Underwriting Profit Triples
Sep 4 2025 // The U.S. property/casualty insurance industry recorded a net underwriting gain of $11.5 billion and net income of $49.1 billion for the first-half of 2025, according to a new report. “The lack of any significant...
Frequency Perils Helping to Boost Global Insured Losses to $152B, Verisk Report Says
Sep 2 2025 // The average estimated annual insured property loss from natural events around the world has risen to $152 billion – up sharply from recent years – and much of that is from severe thunderstorms, winter storms, wildfires...
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