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.