Industry Trends

The outlook for the U.S. property & casualty insurance industry is more favorable than 2023, with expected strong premium growth and easing inflation ​pressures, according to Swiss Re.

Here are some important general, state and federal trends to watch in 2024.

The acquisition will enhance Aon’s presence in the large and fast-growing middle-market segment and add new capabilities to its arsenal.

Here’s what it would have cost the McCallisters to leave Kevin behind for Christmas in the ’90s holiday classic “Home Alone.”

As many as 46% of Americans have considered or have already taken a higher deductible to save money on insurance, while 22% have considered going uninsured to save money.

Four Big “I” members were recognized for implementing cutting-edge technology, investing in recruiting and training top talent, and finding creative ways to position their agencies for long-term growth.

Charles Symington, Big “I” president & CEO, has been recognized for his success on Capitol Hill in 2023.

Amazon announced that Amazon Prime members can now access low-cost primary health care services with One Medical, including 24/7 on-demand telehealth care.

With 40% of the agency principals surveyed older than 60 years old and 20% older than 65 years old, half of agencies will experience a major change of ownership in the next 10 years, according to the study.

The projection is worse than the 102.2 combined ratio predicted earlier this year, according to projections by the Insurance Information Institute and Milliman.