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Report: California Workers’ Comp Combined Ratio Highest in 14 Years
May 14 2025 // Written premiums in California stabilized in 2022 through 2024 after the large swings during the pandemic, while the combined ratio rose to the highest level in 14 years, a new report shows.The Workers’ Compensation...
German Reinsurers Report Q1 Profits Down Sharply on Los Angeles Wildfire Claims
May 13 2025 // Germany’s largest reinsurers, Munich Re and Hannover Re, reported sharp declines in first-quarter profit on Tuesday after a combined 1.7 billion euros ($1.89 billion) in claims relating to the Los Angeles wildfires...
Insurer Coalition: Costs From Business Email Compromise Rise in 2024
May 12 2025 // About 60% of claims handled by cyber insurer Coalition were from business email compromises—and about a third of those including funds transfer fraud.According to its “2025 Cyber Claims Report,” Coalition...
Texas Legislators Seek Solutions to Rising Home Insurance Rates
May 9 2025 // Texas lawmakers hope to rein in homeowners’ rising insurance bills even as they acknowledge there’s only so much they can do to tackle costs.Legislators have advanced bills to limit how much insurance companies...
EU Plan to Water Down ESG Rules Risks Wave of Litigation, Legal Scholars Warn
May 9 2025 // The European Union’s plan to slash the scope of new ESG regulations opens the door to a wave of litigation, as companies would no longer be required to act in a way that lives up to the bloc’s climate law.The...
Report: Oregon Worker’s Comp Claims Fell in 2023 From Previous Two Years
May 8 2025 // Oregon worker’s compensation claims fell in 2023 from the previous two years, a report from the Oregon Department of Consumer and Business Services shows. The department received notification of 22,994 accepted...
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