News

2025 is on track to be the lowest claim volume year in recent history, yet cost management remains critical as severity trends continue to increase, according to Verisk.

1. The homeowners market outlook has been upgraded to stable, with AM Best citing stronger catastrophe risk management, steadier reinsurance market conditions and gradually improving pricing adequacy.

The Baldwin Group and CAC Group have agreed to merge, which will create one of the largest independent insurance advisory and distribution platforms in the U.S.

While storms may not make landfall in the U.S., they are becoming increasingly unpredictable and intensify rapidly, warns the National Oceanic and Atmospheric Administration (NOAA).

Articles examined the trend of expanding telematics data, strategies to prevent errors & omissions claims after a merger or acquisition, and how artificial intelligence (AI) can cause E&O exposures.

Health care costs are predicted to rise 9.6% in the U.S. in 2026, according to WTW’s “2026 Global Medical Trends” report. While next year’s increase will be slightly less than the 9.7% rise in health care costs experienced this year, it will be significantly higher than the 7.6% increase in 2024. Globally, costs are predicted…

Now awaiting action in the U.S. House, the bill addresses the current system that allows outside investors, including foreign governments, to secretly finance lawsuits for profit.

A new survey of consumers from the Big “I” reveals growing concern that excessive and abusive litigation is driving up costs for consumers and reforms are needed.

The vast majority of insurance company executives view severe convective storms (SCS) as the leading threat to their balance sheets, according to a Demex survey.

The continuing resolution (CR) funds the federal government through Jan. 30, 2026, and includes a retroactive reauthorization of the National Flood Insurance Program (NFIP) for the period that the program lapsed.