Commercial insurance rates were on the rise long before the recent wildfires in California, Oklahoma, and North Carolina, and depending on such factors as location, loss history, age and condition, few, if any, carriers are returning to the habitational market, nationally.  

After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report this week.

A report from Insurity indicates that while many insurers are increasing their investments in automation and self-service tools, only 15% of consumers prefer a fully self-service, digital-only insurance experience.

Nuclear verdicts against corporations surged to unprecedented levels in 2024, with 135 lawsuits resulting in awards exceeding $10 million, a 52% increase over 2023, while the total of such verdicts reached a staggering $31.3 billion, up 116% from the previous year, according to Marathon Strategies research.

Machine learning models detect suspicious claims two weeks after submission, much faster than traditional methods, according to a new CLARA Analytics study on fraud detection in property/casualty insurance claims.

A new study by the Workers Compensation Research Institute (WCRI) illustrates how rising inflation has impacted the system in recent years.

Among executives at large businesses, 60% expect their companies to remain flat or shrink in 2025, according to a new survey from Sentry.

Supply chain issues are the biggest concern for executives (45%) along with economic uncertainty (39%) and inflation (34%). Many (84%) are also seeing rising litigation and large multi-million dollar verdicts as a growing threat, along with cyberattacks (37%) and severe weather events (35%).

Global mergers and acquisitions (M&A) activity is heating up again in 2025, with dealmakers moving quickly to capitalize on stabilizing interest rates, pent-up capital, and new sectoral opportunities.

Cargo theft across the U.S. and Canada continued to rise in 2024, with three states making up the bulk of losses, a new report shows.