APCIA Annual Meeting 2025: Industry Competition, Affordability and Legal System Abuse
Last week, the American Property Casualty Insurance Association (APCIA) hosted its annual meeting in Orlando, Florida.
Legal and Compliance
Commercial Auto: How Nuclear and Thermonuclear Verdicts Are Adversely Impacting the Market
Trucking companies faced $165 million in nuclear verdicts in 2023, with an increasing trend of thermonuclear verdicts. Mounting costs from these large verdicts present significant challenges for the commercial auto insurance market.
Public Entities Face Elevated Premiums and Reduced Capacity
With adverse impacts from social inflation, litigation funding and heightened safety expectations, the public entities insurance market is in a hard market with increased premiums and reduced limits.
Top 5 Most-Read Articles in Independent Agent in June
Erie Insurance and Philadelphia Insurance Companies grappled with extended system outages, prompting errors & omissions concerns for independent insurance agents.
Big ‘I’ Releases Trusted Choice® Legal System Abuse Toolkit
The new toolkit helps independent insurance agents educate clients about legal system abuse, explain rising costs and advocate for reforms.
How Key Factors Within the Commercial Liability Market Are Impacting Stability
Consumer litigation activity continues to impact the market adversely, with third-party funding driving additional litigation costs, higher settlements and higher premiums.
Big ‘I’ President & CEO Highlights Tax Reform, Legal System Abuse at Industry Forum
Charles Symington, Big “I” president & CEO, participated in a panel at the 2025 Insurance Information Institute’s Joint Industry Forum in Chicago.
Legislation Introduced to Close the TPLF Tax Loophole
The “Tackling Predatory Litigation Funding Act” was introduced in both the U.S. Senate and House to create a new tax for third-party litigation funding and to clarify it does not qualify for capital gains treatment, a loophole that currently allows foreign investors to pay zero U.S. taxes.
Georgia Cracks Down on Legal System Abuse with Comprehensive Reforms
This week, Georgia Gov. Brian Kemp signed into law a comprehensive package of legal reform measures designed to restore balance and fairness to the state’s troubled civil justice system.
From Polls to Policy: Understanding the Post-Election Legislative Agenda
Molly Abboud, Big “I” director of political affairs, hosts a discussion with Charles Symington, Big “I” president & CEO, and Nathan Riedel, Big “I” senior vice president of federal government affairs to discuss the 2024 election results and how they will impact the Big “I” legislative agenda.
