Commercial auto insurance in the U.S. continues to face underwriting losses for the 14th year, driven by rising claims costs and under-reserving, according to AM Best.

The global commercial insurance market is set to expand at a 7.9% CAGR, reaching $1.89 billion by 2030, driven by regulatory reforms, insurtech adoption, and rising risk exposures in North America, Asia-Pacific, and other regions.

Explore how social inflation is reshaping insurance risk, driving up premiums, and influencing policy interpretations in the evolving insurance landscape.

Explore the evolving U.S. property and casualty insurance market as it navigates growth forecasts, underwriting practices, and strategic management through 2026.

Explore automobile liability insurance requirements under FAR contracts. Understand compliance, contractor responsibilities, and risk management in federal procurement.

Triple-I and CAS study reveals liability insurance deficits between $231.6B and $281.2B over 2015-2024 due to rising claims costs and legal system factors, exceeding standard inflation.

Ontario Superior Court rules $2.3 million aggregate insurance coverage limit in vehicular accident case involving 25 claimants, clarifying excess liability and family protection endorsements.

The Texas Supreme Court clarifies litigation and discovery procedures for bad faith claims involving uninsured and underinsured motorist coverage, establishing a stepwise process to manage costs and streamline UM/UIM insurance disputes.

Explore how Marsh & McLennan Companies leverages diversification and acquisitions to maintain growth and profitability amid softening insurance pricing and rising liability costs.

Explore key trends in U.S. commercial liability insurance premiums, capacity shifts, risk retention strategies, and underwriting challenges amid rising court settlements and market pressures.