All the headlines from our Market Topic Page, ordered by recency.
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 &...
Sep 5 2022 // The 2022 combined ratio for the property/casualty insurance industry is forecast to be 100.7, a worsening of 1.2 points relative to 2021, driven by significant deterioration in the personal auto line.Loss pressures and a...
Aug 29 2022 // The wide-ranging impact of Hurricane Andrew on the Florida insurance market is a familiar story within the risk management world. However, 30 years on from August 24, 1992, when Andrew made landfall in Dade County,...
Aug 24 2022 // This post is part of a series sponsored by AgentSync.Insurance carriers and agencies should start considering how to court the next generation of clients, as baby boomers will be leaving record-breaking levels of wealth to...
Aug 22 2022 // This post is part of a series sponsored by CoreLogic.“EXTREMELY DANGEROUS HURRICANE ANDREW BEARING DOWN ON SOUTHEAST FLORIDA… HURRICANE WARNINGS REMAIN IN EFFECT FOR THE FLORIDA EAST COAST FROM VERO BEACH...
Aug 19 2022 // The economic viability of the insurance industry’s current business model has been in question for several years. McKinsey’s 2022 Global Insurance Report shows that 52% of the industry’s global equity had...
Aug 16 2022 // The 2022 combined ratio for the property/casualty insurance industry is forecast to be 100.7, a worsening of 1.2 points relative to 2021, driven by significant deterioration in the personal auto line.Loss pressures and a...