News

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.

The bills signed into law last week address some of the core factors that have driven exorbitant auto insurance premiums in New York.

May brought news of moderating pressures in the long-suffering personal lines space, with early signs that increases in reconstruction costs and personal auto premium hikes may be beginning to slow.

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.

April delivered must-read insights for independent agents, including the retirement of the Safeco brand, hurricane season outlook and member recognition at the 2026 Big “I” Legislative Conference.

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

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.