NAMIC Report Highlights Growing Commercial Demand for Mutual Insurance
NAMIC's 2025 Mutual Factor report reveals increased commercial market preference for mutual insurance companies and improved financial metrics.
New Jersey Suit Tests Insurance Coverage for Product Liability Class Actions
Hair Zone's federal lawsuit against Hartford and Travelers challenges insurer obligations to cover defense costs for class actions alleging product-related harm, spotlighting issues in commercial insurance and coverage disputes.
Q2 US Commercial Insurance Sees Casualty Rate Rise Amid Nuclear Jury Verdicts
Q2 sees overall commercial insurance rates dip globally, but US casualty insurance rates rise sharply due to frequent nuclear jury verdicts exceeding $10 million, impacting insurance pricing and claims trends.
US Commercial Insurance Rates Rise in Q2 2025, Growth Pace Moderates
US commercial insurance rates increased in Q2 2025, with a slower growth pace than earlier in the year, according to MarketScout's latest pricing data. Insights for insurers and industry stakeholders.
Guidewire Adds AI Risk Assessment Startup Nettle to Insurtech Vanguards Program
Guidewire includes AI-powered risk assessment startup nettle in Insurtech Vanguards program to enhance commercial underwriting efficiency and address talent shortages in P&C insurance.
California Expands FAIR Plan Coverage and Boosts Transparency Amid Wildfire Claims Review
California Insurance Commissioner expands FAIR Plan coverage to commercial properties and enhances transparency as wildfire claims and regulatory scrutiny increase. Learn about the impacts on insurers and policyholders.
Corporate Insight Launches Digital Experience Research for Commercial P&C Insurance
Corporate Insight introduces Commercial Insurance Monitor, a research service delivering comprehensive analysis of digital experiences in commercial P&C insurance across 17 leading carriers to inform competitive strategies and product development.
CIC Services Expands EnviroCap Liability Program with Broader Captive Coverage
CIC Services expands EnviroCap Liability Program, integrating auto, workers' comp, and general liability within a captive insurance model to combat rising premiums and coverage exclusions in commercial insurance.
US P&C Insurance Industry Posts Best Underwriting Results Since 2013 in 2024
The US property & casualty insurance sector achieved its strongest underwriting results since 2013 in 2024, driven by improvements in personal lines and facing emerging economic and environmental challenges in 2025.
Allstate Sees $594M April Catastrophe Losses, Homeowners Policy Growth
Allstate reported $594 million in catastrophe losses for April 2024 amid shifts in its insurance portfolio, with homeowners policies rising 2.5% and commercial lines declining sharply. First-quarter net income was impacted by wildfire-related claims and elevated catastrophe costs.