U.S. property insurance costs accelerated 4.9% to a new record high in the first half of the year, with homeowners in hurricane- and wildfire-struck states facing some of the steepest increases.
Verisk and APCIA report a $170 billion net income for the insurance industry in 2024, with significant underwriting gains. Verisk and the American Property Casualty Insurance Association (APCIA) ...
A report finds that the “rebuilding” of Florida’s property insurance market after Hurricane Ian struck the state in 2022 has reproduced many of the same conditions that left homeowners exposed in the ...
The insurance industry is undergoing a seismic shift, driven by the integration of artificial intelligence and digital technologies. The Global InsurTech Report for Q2 2025, released by Gallagher Re, ...
The competitive environment will undoubtedly erode some of the insulation reinsurers enjoyed during the hard market, ...
In a recent report to stockholders, insurance giant Progressive used a word that every company would prefer to avoid: Refund. A statement filed by the company with the U.S. Securities and Exchange ...
The global population is expected to hit nearly 9.7 billion people by 2050, but beyond that, the nature of the population itself is changing due to aging. This is expected to fuel a rise in the ...
OLDWICK, N.J.--(BUSINESS WIRE)--The U.S. property/casualty (P/C) industry recorded $11.2 billion in net underwriting income in the first half of 2025, a significant improvement from the $2.9 billion ...
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current ...
Florida’s homeowners insurance market has stabilized following 2022–2023 legislative reforms, according to ALIRT Insurance Research. Improved litigation rules, underwriting discipline and reinsurance ...