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.

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…

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.

Lawsuits over how businesses collect and use data have surged, driven largely by aggressive plaintiff’s attorneys leveraging decades-old privacy laws in modern contexts.

As homeowners contend with inflation, extreme weather and increasingly complex coverage needs, new reports from Nationwide and The Hanover reveal widening gaps in insurance coverage—and an expanding role for agents helping clients navigate today’s risk environment.

In response to providers significantly reducing or eliminating agent compensation, the Big “I” voiced its concerns in joint letters to Congress and to the Centers for Medicare and Medicaid Services.

Last week, the American Property Casualty Insurance Association (APCIA) hosted its annual meeting in Orlando, Florida.

Although the NYDFS Cyber Regulations may not apply directly to your business, independent insurance agencies operating in other jurisdictions could still see impacts.