Inflation, Commercial Real Estate Among Top Financial Stability Concerns October 23, 2023 By Pete Schroeder The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are...
Viewpoint: California’s Personal Auto Market: Steering Through Change October 20, 2023 By Erik Yost The withdrawal of major homeowners insurance companies in the California market made national headlines, but news just as concerning and...
Workers’ Compensation Remains Profit Engine for U.S. P/C Insurers: AM Best July 18, 2023 Workers’ compensation insurers’ underwriting results continued to outpace the rest of the U.S. property/casualty (P/C) commercial sector in 2022, as...
Higher Reserving Uncertainties Could Sustain Hard Market Conditions: Report July 17, 2023 By L.S. Howard Systemic shocks related to the recent pandemic, the war in Ukraine, natural catastrophe losses and elevated inflation have raised questions...
Construction/Engineering Sector Ranks BI/Supply Chain Disruption as Top Risk June 23, 2023 By L.S. Howard Business interruption/supply chain disruption ranks as the top risk facing the construction and engineering sector, which has been hit by...
US Insurers Hit Hardest by Inflation: Triple-I Study June 16, 2023 US insurers have paid more than their counterparts worldwide to repair and rebuild damaged properties and vehicles due to inflation...
Nationwide to Take Actions to Limit Risk in Personal, Commercial Portfolios June 13, 2023 By Chad Hemenway Add Nationwide to a growing list of insurers making changes to deal with losses in some areas of the country....
How Will Economic Pressures Affect P/C Industry? May 22, 2023 By Allen Laman How could the current economic environment affect workers compensation – and the property and casualty insurance industry overall – in...
High Inflation Hiked P/C Claims Costs Up to 7.5% in 2022 March 24, 2023 By L.S. Howard High inflation alone led to an increase in property/casualty claims of 5-7.5%, across five key markets in 2022, according to...
UK Businesses Face Risk of Underinsurance as Construction Costs Reach Record Highs March 21, 2023 Continuing high levels of inflation in construction costs in the UK and globally, risk leaving homes and businesses underinsured in...