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California Workers’ Comp Rating Bureau Says Recent Rate Declines Flattened
Aug 5 2025 // Written premium in the first quarter was 4% lower than the same period in 2024, extending a trend in which written premiums in calendar years 2022 through 2024 remained relatively stable compared to large swings during the...
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...
Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans
Aug 4 2025 // Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second-quarter 2025 results of the Ivans Index. The Chicago-based technology provider for...
This Hard Market Explained
Aug 4 2025 // This hard market is the longest and hardest in generations. Historically, hard markets occurred every seven years or so and lasted two to three years. Agents that sold price and represented carriers who sold price worked...
‘Soft Market Under Stress’ Offers Unique Window of Opportunity for Insurance Buyers
Aug 1 2025 // A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis of second-quarter 2025 market conditions from global professional services firm Aon. “This is not a...
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...
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