U.S. Surplus Lines Market Growth and NJ Workers’ Compensation Medical Cost Trends in 2024

Explore the 2024 trends in the U.S. surplus lines insurance market with double-digit premium growth and New Jersey's workers’ compensation medical cost challenges amid rising expenses and legislative changes.

Georgia Enacts Comprehensive Tort Reform to Address Rising Insurance Litigation Costs

Georgia's new tort reform law implements significant changes to premises liability, damages evidence, and litigation procedures aiming to reduce insurance costs and curtail excessive lawsuits.

AIG Names Ray Hall Head of Western World, Strengthens E&S Leadership

AIG appoints Ray Hall as head of Western World, advancing its Excess & Surplus insurance strategy with strong underwriting results and leadership growth.

Florida's Patriot Select Resumes Depopulation Role After Supervision Lift

Patriot Select, formerly Anchor Property & Casualty, exits Florida's regulatory supervision and plans to assume 39,000 policies from Citizens in a strategic market move under recent insurance reforms.

California Homeowners Insurance Lawsuits Highlight Market and Regulatory Challenges

Class action lawsuits in California target major insurers over alleged conspiracy limiting homeowners coverage, spotlighting FAIR Plan reliance and regulatory responses.

Q1 2025 Heartland Fund Highlights Hanover Insurance and AI Market Potential

Heartland Value Plus Fund's Q1 2025 letter details Hanover Insurance's risk mitigation and investment portfolio strategies amid market caution, alongside AI stocks' disruptive growth potential.

HCI Group Schedules 2025 Annual Shareholders Meeting and Outlines Business Units

HCI Group, a NYSE-listed insurance holding company, announces its 2025 Annual Meeting of Shareholders and highlights its insurance operations and insurtech business, Exzeo Group.

CRC Group Appoints Todd Jones as Chief Growth Officer Amid Strategic Rebrand

CRC Group names Todd Jones as chief growth officer to drive strategic growth and client alignment, reinforcing its independent wholesale and underwriting market position amid a corporate rebrand.

Key U.S. Insurance Developments: AI Use, Wildfire Risks, Data Security, and Environmental Challenges

Explore recent U.S. insurance developments covering AI use in underwriting, wildfire risk mapping, data security breaches in auto insurance, environmental health concerns, and regulatory actions affecting property and environmental risk insurance.

Progressive Leads Auto Insurance Advertising on Spot Radio

Progressive dominates auto insurance advertising on Spot Radio, outpacing major insurers with over 65,000 spot plays in April, highlighting competitive marketing strategies in the insurance sector.