All the headlines from our Market Topic Page, ordered by recency.
Nov 16 2023 // This post is part of a series sponsored by AgentSync.The concept of working from home isn’t entirely new. In fact, it’s been around since well before the digital age, although most “work from home”...
Nov 6 2023 // Losses resulting from severe convective storms are expected to drive the 2023 net combined ratio for the property/casualty industry to 103.8, according to the latest underwriting projections by actuaries at the Insurance...
Nov 2 2023 // Fitch Ratings expects Hurricane Otis’ effects on Mexico’s insurance industry to be controlled and within its current ratings expectations, the agency said in a statement on Wednesday.“Fitch Ratings...
Oct 30 2023 // Hurricane Otis is expected to be one of the costliest natural catastrophe events in Mexico’s history with initial economic losses expected to top US$10 billion, according to Gallagher Re.Further, insured losses are...
Oct 24 2023 // Executive summary: Tony Buckle and John Carolin, co-founders of the boutique insurance consultancy UWX, analyze underwriter motivation during the soft phase of the market cycle. While average market prices are the hardest...
Oct 2 2023 // Total global insured losses from natural catastrophes of more than $100 billion a year may be less newsworthy than in the past. In fact, the industry should expect loss totals of much more than that every year, according...
Oct 2 2023 // Search Engine Optimization (SEO) can feel like a moving target and is often misunderstood throughout the insurance industry. Many businesses do not fully understand the importance of SEO or how it works, which leads to an...
Sep 22 2023 // California Insurance Commissioner Ricardo Lara announced a package of sweeping executive actions that include changes to the FAIR Plan, new rules for the review of climate catastrophe models, and public meetings exploring...
Sep 18 2023 // The private flood insurance market has been growing but 2023 may provide a real test following Tropical Storm Hilary in California, as well as future storms that may come during the remainder of the Atlantic hurricane...
Sep 11 2023 // Total global insured losses from natural catastrophes of more than $100 billion a year may be less newsworthy than in the past. In fact, the industry should expect loss totals of at least $100 billion every year, according...
Sep 7 2023 // The American Property Casualty Insurance Association (APCIA) and the Reinsurance Association of American together presented testimony in Washington today on the state of of the property insurance market.The presentation,...
Sep 5 2023 // The Reinsurance Association of America has come out with a white paper on the California homeowners insurance market that urges policymakers consider the risks of inaction.The paper, “Dynamics and Challenges in...
Sep 4 2023 // Claims frequency and severity are up across the industry, thanks in large part to social inflation, which has led to an increase in litigation and more costly settlements.Fueled primarily by aggressive tactics by...
Sep 4 2023 // The U.S. property/casualty insurance market is experiencing the hardest insurance market cycle in a generation, resulting in many insurance agents and brokers, as well as drivers, homeowners and business owners needing to...
Sep 4 2023 // As the longest hard market in memory refuses to fade, standard property/casualty carriers are not only continuing to raise prices but also reimagining their books by shedding risks they no longer want.It’s affecting...
Sep 4 2023 // Everyone in the insurance industry knows that 2023 has become one of the hardest markets in decades, across the board.In a panel discussion — No One Said it Would be Easy. Navigating the Current Hard Market —...
Aug 29 2023 // The private flood insurance market has been growing but 2023 may provide a real test following Tropical Storm Hilary in California as well as future storms that may come during the remainder of the Atlantic hurricane...
Aug 1 2023 // Drawing analogies to an epic tennis match and the hands of a clock, the leader of Bermuda-based Arch Capital declared the current hard market one of the longest the P/C industry has ever experienced.“This is the type...
Jul 17 2023 // Systemic shocks related to the recent pandemic, the war in Ukraine, natural catastrophe losses and elevated inflation have raised questions about reserve adequacy for property/casualty insurers, according to a Swiss Re...
Jul 17 2023 // With ample capital, Fitch Ratings’ latest annual ‘U.S. Hurricane Season’ report indicates U.S. property and casualty (P/C) and reinsurers can absorb losses if a large hurricane makes landfall this...