One in 50 people and 1 in 35 properties from 32 coastal cities in the US could face significant flooding ...
US E&S Insurance Market Report: Growth slows for excess and surplus market
The rate of growth in US excess and surplus lines premium volume continued to slow in 2023, but the market's importance to the property and casualty...
The rate of growth in US excess and surplus lines premium volume continued to slow in 2023, but the market's importance to the property and casualty...
Report / 16 days ago
2024 US Insurance Excess & Surplus Market Report
The US excess and surplus market (E&S) market continues to grow at a robust rate; however, the yearly pace of growth has slowed, according to an analysis by S&P Global Market Intelligence.
The US excess and surplus market (E&S) market continues to grow at a robust rate; however, the yearly pace of growth has slowed, according to an analysis by S&P Global Market Intelligence.
Report / 26 days ago
US property and casualty underwriting losses narrow as key lines still struggle
US property and casualty insurers overall saw better underwriting results in 2023, but performance worsened in certain important business lines, according to an...
US property and casualty insurers overall saw better underwriting results in 2023, but performance worsened in certain important business lines, according to an...
Article / 2 months ago
Baltimore bridge collapse underscores importance of insurance – Lloyd's CEO
The collapse of the Francis Scott Key Bridge in Baltimore will give the insurance industry an opportunity to demonstrate its worth, according to Lloyd's of...
The collapse of the Francis Scott Key Bridge in Baltimore will give the insurance industry an opportunity to demonstrate its worth, according to Lloyd's of...
Article / 3 months ago
Fla. P&C insurers still raising rates after market reform laws take effect
Florida's residential property insurers are taking a cautious approach when estimating how industry reforms passed in late 2022 will impact their premium...
Florida's residential property insurers are taking a cautious approach when estimating how industry reforms passed in late 2022 will impact their premium...
Article / 12 months ago
Fla. insurer of last resort now top 10 US homeowners writer amid market turmoil
Ongoing tumult in Florida's property market has turned Citizens Property Insurance Corp. into one of the largest writers of homeowners insurers in the...
Ongoing tumult in Florida's property market has turned Citizens Property Insurance Corp. into one of the largest writers of homeowners insurers in the...
Article / 1 year ago
State Farm pullback intensifies spotlight on California's rate-approval process
A decision by California's largest homeowners insurer to stop writing new property and casualty policies has hastened calls to revise the state insurance...
A decision by California's largest homeowners insurer to stop writing new property and casualty policies has hastened calls to revise the state insurance...
Article / 1 year ago
Ongoing Canadian wildfires not expected to break 2016 insured loss record
Smoky haze from wildfires in Canada diminish visibility and degrade air quality in New York City on June 7...
Smoky haze from wildfires in Canada diminish visibility and degrade air quality in New York City on June 7...
Article / 1 year ago
US property and casualty insurers' earnings ride on management of personal auto
Most of the largest publicly traded US property and casualty insurers are set to book sequential and year-over-year increases in revenues in the...
Most of the largest publicly traded US property and casualty insurers are set to book sequential and year-over-year increases in revenues in the...
Article / 1 year ago
Fla. residential property insurers post back-to-back $1B+ losses
Costs associated with litigation and Hurricane Ian pushed Florida's domestic residential property insurers deeper into the red in 2022....
Costs associated with litigation and Hurricane Ian pushed Florida's domestic residential property insurers deeper into the red in 2022....
Article / 1 year ago