Rising Nuclear Verdicts and 831(b) Captive Reforms Reshape U.S. Liability Landscape

Rising Nuclear Verdicts and 831(b) Captive Reforms Reshape U.S. Liability Landscape

Explore the surge in nuclear verdicts, state tort reforms, and evolving IRS regulations on 831(b) captive insurance impacting U.S. liability and risk financing strategies in 2025.

Illinois Seeks Limits on Socioeconomic Data in Auto Insurance Pricing

Illinois explores restrictions on using socioeconomic data in auto insurance pricing, prompting industry pushback and regulatory debate on fair risk assessment and market stability.

Connecticut Bond Commission Advances $25M for Home Foundation Repairs

Connecticut Bond Commission prepares to approve an additional $25 million to address crumbling home foundations, with insurance surcharges and state bonds totaling over $300 million to resolve the ongoing crisis.

Patriot Select Approved to Take Over 30,000 Policies from Florida's Citizen Property Insurance

Patriot Select gains regulatory backing to assume up to 30,000 personal residential policies from Florida's Citizen Property Insurance, reflecting a strategic risk transfer in the state's insurance market.

Rising Requirements for Homeowners Insurance Repairs Impact Renewals and Coverage

Homeowners insurance companies are increasingly requiring maintenance and repairs as a condition for policy renewal amid rising claims costs and market pressures. Learn how these underwriting changes affect coverage and policyholder decisions.

InvoiceCloud Adds Insurance Innovation Expert Michael Costonis to Board

InvoiceCloud strengthens its leadership with Michael Costonis joining the board to drive strategic growth and digital innovation in insurance payment solutions.

Financial Sector Leaders Barclays, Cincinnati Financial, and LendingClub Exceed Q2 Earnings Expectations

Barclays, Cincinnati Financial, and LendingClub topped Q2 earnings expectations, showing strong growth and attractive valuations in banking, insurance, and consumer lending sectors.

Aon Reports Market Softening in Property, Cyber, and D&O Lines Amid Rising Systemic Risks

Aon's Q2 2025 report reveals softening insurance market conditions in property, cyber, and D&O lines with lower premiums and increased capacity despite rising systemic risks from climate and geopolitical challenges.

Q2 US Commercial Insurance Sees Casualty Rate Rise Amid Nuclear Jury Verdicts

Q2 sees overall commercial insurance rates dip globally, but US casualty insurance rates rise sharply due to frequent nuclear jury verdicts exceeding $10 million, impacting insurance pricing and claims trends.

Selective Insurance Group Board Member Resigns Amidst Strategic Focus Shift

Wole Coaxum resigns from Selective Insurance Group's Board of Directors to focus on other professional priorities. The insurer maintains a strong strategic vision and reputation in the property and casualty market.