Industry Trends

As competition among insurers intensified, large and complex property rates fell an average of 14.5% in the second quarter of 2026, according to WTW.

Business concerns about cyber threats are rising. At the same time, businesses are embracing artificial intelligence (AI) faster than they are enacting formal rules around its use.

Agents place high value on carriers that interact with them as a partner rather than a vendor, with 48% of agent-carrier relationships meeting the partner criteria.

The U.S. homeowners insurance segment staged a dramatic recovery, according to AM Best, posting its first underwriting profit since 2019.

The biennial study reveals revenue growth, technology adoption and a focus on customer service.

A new Big “I” survey finds consumers embrace AI-powered service but still want the expertise and guidance of a dedicated human insurance agent.

While the first half of 2026 saw strong underwriting results, certain lines of business remained challenged and regional catastrophe exposures still poses significant long-term risk.

To date, no major hurricanes have made landfall in the U.S. during the 2026 Atlantic hurricane season. Does a quiet year signal that hurricane risk is easing? The evidence suggests no.

Continued wage growth across major trades reflected ongoing skilled labor shortages, capacity limitations and a demand for specialized construction services.

Almost 2 in 3 independent insurance agents used AI on the job at least a few times in the past year, making agency governance all the more crucial.