Industry Trends

The Hanover survey points to a coverage confidence gap between what consumers say they value in homeowners coverage and what they have taken the time to verify.

While claims declined, roof losses continue to grow more severe and less predictable, driven by aging housing stock, widespread hail exposure and rising replacement costs, according to Verisk.

The 2026 hurricane season, which starts on June 1, is projected to be below average, with eight to 14 named storms expected.

As personal auto policy shopping reached historic highs, distracted driving also increased, especially among older drivers.

While every state saw residential and commercial reconstruction costs increase, premiums for personal auto and homeowners policies show signs of deceleration.

While insurers saw declines in claims in 2025, emerging risks are visible in the claims data.

The expansion comes as the United States, Israel and Iran agreed this week to a temporary ceasefire, easing immediate fears of further escalation in the Gulf.

Total new annualized life insurance premiums increased 10% year over year to $17.5 billion in 2025, according to preliminary results from LIMRA’s individual life insurance sales survey.

AccuWeather is predicting between 11 to 16 named storms, including four to seven hurricanes and two to four major hurricanes.

Since the Iran war began, cyberattacks have continued to spike, leaving both businesses and infrastructure at risk.