Litigation Trends Drive Economic Impact on U.S. Property Casualty Insurance
Dr. Robert P. Hartwig discusses how litigation trends and frivolous lawsuits impact U.S. property casualty insurance costs and economic factors, per APCIA analysis.
U.S. Property/Casualty Insurance Posts $11.5B Midyear Underwriting Gain
Midyear 2025 U.S. property/casualty insurance industry reports $11.5B underwriting gain despite inflation and catastrophe losses, with solid surplus and improved combined ratio.
Florida Considers Major Shift in Auto Insurance Policy with Proposed Repeal of No-fault Law
The Florida House is reviewing a bill that could repeal the state's no-fault auto insurance law, potentially raising premiums and increasing litigation. Stakeholders express concerns over market stability and affordability.
U.S. Tariffs Projected to Raise Insurance Claims Costs by $60 Billion
David Sampson of APCIA warns that U.S. tariffs could raise insurance claims costs significantly, impacting the industry and consumer rates.