Verisk's 2025 report highlights a 25% rise in global annual catastrophe losses driven by frequent smaller events. NJ's workers' comp sector emphasizes specialized Managed Care Organizations for improved occupational injury care and claim outcomes.
AvonRisk acquires AS&G Claims Administration, expanding their claims management and workers' compensation services in Texas, Louisiana, Mississippi, and Alabama. AS&G retains its leadership, enhancing AvonRisk's service offerings to public entities and self-insured employers.
Social inflation is increasing the severity and cost of U.S. workers compensation claims, driven by legal challenges, regulatory changes, and evolving claim management strategies.
U.S. Physical Therapy posts 16.4% revenue growth and a 2.54% dividend yield in Q1 2025, offsetting Medicare reimbursement cuts with strategic expansions and payor diversification.
The 2025 U.S. commercial P&C insurance market navigates record catastrophe losses, rising premiums, and evolving underwriting amid inflation and regulatory shifts.
The US commercial P&C insurance market faces elevated catastrophe losses in 2025, with wildfire intensity and material costs impacting underwriting, premiums, and availability. Stable capital and competitive renewals present opportunities amid ongoing challenges.
The U.S. P&C insurance sector anticipates modest premium growth with risks from tariffs, catastrophe losses, and reserve challenges, while New Jersey's rising workers’ compensation medical costs prompt regulatory and market responses.
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.
Insight into the challenges facing New Jersey's workers' compensation system due to rising medical costs and legislative changes, and how Horizon Casualty Services manages to mitigate these issues.
Amwins Specialty Casualty Solutions unveils a comprehensive programme for public entities offering liability and workers' compensation coverage.
