Historic Number of Tornadoes Wreak Havoc in the U.S.
2024 saw the second-highest amount of tornadoes on record and 2025 is predicted to continue above-average activity. One weekend alone in mid-May caused $9 billion-$11 billion in damage.
Big I Alliance
Parents Are Key in Teen Driver Safety
The American Property Casualty Insurance Association (APCIA) recently launched a public awareness campaign on the importance of parents encouraging teens to be safe behind the wheel.
Why the E&S Market Continues to Grow
The hard market is among the causes of the growth of the excess & surplus market, which had previously been considered a safety valve.
P&C Insurance Market Reports Best Underwriting Results Since 2013
However, progress could be undone by the January California wildfires and the impact of tariffs, the report from Triple-I and Milliman warned.
1 in 4 Businesses Know They’re Underinsured As Catastrophe Concerns Increase
Despite rising concerns, 26% of commercial property owners admit to knowingly carrying inadequate insurance coverage to account for severe weather events, an 8-point increase from 2023.
NEXT Announces Multi-Location Workers Comp Coverage
The coverage allows small business owners with multiple locations to easily secure coverage through a single policy.
State of the Association: ‘When We Collaborate, We Succeed’
Todd Jackson, Big “I” chairman, declared the state of the association is strong citing solid financials, a debt-free balance sheet, a handful of new initiatives and a commitment to collaboration.
6 Ways to Protect Buildings from Severe Convective Storms
As insurers increase their underwriting restrictions to limit storm exposures, risk mitigation is becoming more important than ever for commercial insureds.
Driver Overconfidence Is Making Distracted Driving Worse
Most drivers believe other motorists’ driving behaviors are bad and getting worse, according to Nationwide. Yet most rate their own driving very highly, despite participating in the same risky behaviors.
Hurricane Coverage From Vortex Insurance Fills Gaps After Hurricanes Helene and Milton
The coverage features a data-driven trigger, which removes the need to prove a covered loss or damage.
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