All the headlines from our Market Topic Page, ordered by recency.
Jan 11 2023 // This post is part of a series sponsored by AgentSync. Generally tech-savvy and data-forward, millennials are shaking up the insurance industry both as consumers and insurance professionals.Defined as those born between...
Jan 10 2023 // This post is part of a series sponsored by AgentSync. When you think of jobs in the insurance industry, what comes to mind? For most people, the first image is probably that of a licensed insurance agent (or broker,...
Jan 9 2023 // Specialist insurer Beazley has launched the global insurance market’s first cyber catastrophe bond.The $45 million bond gives Beazley indemnity against all perils in excess of a $300 million catastrophe event, with...
Dec 29 2022 // With last year’s 25% rate hikes for public directors and officers liability insurance dropping to 2.5%, and 150% hikes for cyber cover sinking to 25%, significant softening is forecast for some casualty lines in...
Dec 19 2022 // Florida Gov. Ron DeSantis signed a sweeping property insurance bill on Friday. How much and when it will work to stabilize the stormy market are among the questions being asked.One of the key goals of the legislation is to...
Dec 14 2022 // Most small SUVs flunked the latest frontal crash tests done by the insurance industry, but oddly enough, they’re just as safe as they were before.That’s because the Insurance Institute for Highway Safety...
Dec 5 2022 // The U.S. property/casualty industry posted a combined ratio of about 106.6 in the third quarter — the highest in five years, according to an analysis by S&P Global Market Intelligence.“In addition to the...
Nov 28 2022 // Hurricane Ian may result in one of the largest losses in the history of the National Flood Insurance Program and add to its current $20.5 billion debt.According to a market segment report from AM Best, the projected range...
Nov 23 2022 // The U.S. property/casualty industry posted a combined ratio of about 106.6 in the third quarter – the highest in five years, according to an analysis by S&P Global Market Intelligence.“In addition to the...
Nov 21 2022 // Across all lines, the insurance industry is experiencing macro-hard markets, with large rate and premium increases, as well as re-underwritten renewals as the U.S. deals with broader economic uncertainty.Agents are also...
Nov 14 2022 // New data from the California Department of Insurance suggests some progress in the department’s push for California’s $409 billion insurance industry to partner more with the diverse small businesses.The latest...
Nov 7 2022 // As the Florida Legislature prepares for its 2nd Special Session on property insurance in 2022, it’s time we examine why our market sputtered out of control and discuss the necessary solutions to fix it. Many...
Oct 17 2022 // This post is part of a series sponsored by AgentSync.Florida’s struggles to retain a property and casualty (P&C) insurance market have made headlines and spurred a special legislative session this year. With a...
Oct 17 2022 // Many states are facing a growing affordability and availability crisis in property insurance markets, and it’s not just because of climate change.While climate change is leading to more severe and frequent natural...
Oct 12 2022 // This post is part of a series sponsored by AgentSync.Florida’s struggles to retain a property and casualty (P&C) insurance market have made headlines and spurred a special legislative session this year. With a...
Oct 10 2022 // Many states are facing a growing affordability and availability crisis in property insurance markets, and it’s not just because of climate change.While climate change is leading to more severe and frequent natural...
Sep 13 2022 // Uncertain times are challenging for reinsurers. Claims may jump, and investment losses may dent profitability and possibly capital. However, uncertain times can also be good for reinsurers. Demand for reinsurance...
Sep 9 2022 // CompScience has found a way to reduce workers compensation risk and cost using artificial intelligence.Not just by the numbers, but by analyzing authentic, onsite video taken at clients’ facilities. The company...
Sep 7 2022 // This post is part of a series sponsored by AgentSync.If you’ve visited a grocery store lately, you’re well aware that the price of everything is going up. Way up. After about 14 years of consistently low...
Sep 6 2022 // Coalition, the San Francisco-based cyber managing general agent, began trading in the UK, effective Sept. 1, and has opened a London office.Backed by a multi-year capacity agreement with Allianz Global Corporate &...