All the headlines from our Market Topic Page, ordered by recency.
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...
Aug 10 2022 // This post is part of a series sponsored by AgentSync. If there’s one thing your insurance business can do to improve both employee and client satisfaction, it’s finding a way to cut down delays and lag times in...
Jul 28 2022 // Los Angeles, CA., June 27, 2022 – The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping communities and enriching lives, on June 1, 2022, launched their new Global...
Jul 22 2022 // RLI Corp. has been hiring teams of property insurance professionals as the specialty insurer embraces opportunity in the southeastern U.S. market that others are fleeing, executives said Thursday during a second-quarter...
Jul 18 2022 // For the first time since 2017, the calendar-year combined ratio for the property/casualty industry will eclipse 100 in 2022 due to inflation, according to S&P Global Market Intelligence.“We expect that growth...
Jul 13 2022 // Ditching investments in fossil fuel businesses—and denying them insurance—aren’t the only ways for the insurance industry to participate in the drive to net zero greenhouse gas emissions, according to...
Jul 11 2022 // AM Best said it is maintaining its negative outlook on Mexico’s insurance market segment due to increased levels of inflation and slow GDP growth.AM Best’s analysts project 2% growth for the country’s...
Jul 4 2022 // The hard market for cyber insurance, which is expected to continue for “some time,” and a lack of capacity has made captive insurers an “attractive risk management option for corporations,” said AM...
Jun 30 2022 // This content was recently published in the Blogs section of RMS’ website. It is republished here with permission.Since the early days of the COVID-19 pandemic, inflationary trends have captured news headlines around...
Jun 30 2022 // For the first time since 2017, the calendar-year combined ratio for the property/casualty industry will eclipse 100 in 2022 due to inflation, said S&P Global Market Intelligence.“We expect that growth rates in...
Jun 29 2022 // Alexandra Bretschneider said it feels like she has been a part-time grim reaper the last two years.The cyber practice leader at broker Johnson, Kendall & Johnson said, “I am just constantly delivering bad...
Jun 22 2022 // Digital insurer Hippo Insurance Services announced the availability of its home insurance products in Massachusetts.Residents of the Bay State can now access Hippo’s home insurance coverage, as well as...
Jun 21 2022 // The hard market for cyber insurance, which is expected to continue for “some time,” and a lack of capacity has made captive insurers an “attractive risk management option for corporations,” said AM...
Jun 20 2022 // The U.S. medical professional liability insurance (MPLI) market saw an improvement in financial performance in 2021 but its combined ratio remained an unprofitable 108 and a return to profitability is unlikely, said Fitch...
Jun 14 2022 // The U.S. medical professional liability insurance (MPLI) market saw an improvement in financial performance in 2021 but its combined ratio remained an unprofitable 108 and a return to profitability is unlikely, said Fitch...