The reinsurance market exhibited further signs of stabilization during the April 1, 2025, renewal period, according to Gallagher Re’s latest report, 1st View: Finding the Path.
Author: Maria Valdez Haubrich
Verisk Surpasses Profit Estimates as Insurers Double Down on Data Analytics
Verisk Analytics has kicked off 2025 with a strong performance, thanks to surging demand for its advanced data analytics solutions, particularly from property and casualty (P&C) insurers.
AIG Reports Strong Start to 2025 With Robust Premium Growth and Capital Returns
Despite elevated catastrophe losses in the quarter, AIG delivered results that reflect the effectiveness of its strategic reinsurance program and operational strength across global markets.
Wildfires on Tribal Lands in North Dakota Highlight Emergency Response and Drought Risk
As of May 6, 2025, at least 16 wildfires have been reported across North Dakota, with several large fires still burning on the Turtle Mountain Reservation near the Canadian border.
Justice Department Files Complaint Against Major Medicare Insurers Over Broker Payments
The U.S. Department of Justice (DOJ) has filed a federal complaint against several of the largest Medicare Advantage insurers, alleging that they paid kickbacks to brokers in an effort to increase enrollments.
Climate Risk on the Rise: Why $145 Billion in Insured Losses in 2025 Shouldn’t Be a Surprise
According to Swiss Re Institute, insured losses from natural catastrophes are projected to reach 145 billion dollars in 2025.
Florida Law to Ease Access to Surplus Lines Coverage for Agents
Beginning July 1, 2025, Florida insurance agents will no longer be required to complete a “diligent effort” to obtain coverage from admitted carriers before turning to surplus lines insurers.
Smart Insurance Joins Integrity to Expand Reach and Empower Agents
A strategic partnership aims to bridge Medicare gaps in Asian American communities and fuel agent growth through advanced tools and resources.
Intelligent Speed Assistance: A New Tool in Traffic Safety Enforcement
As traffic fatalities continue to rise across the United States, state governments are exploring new ways to reduce dangerous driving behavior, especially among those with a history of excessive speeding.
Navigating Shifts in the Environmental Insurance Market: Key Trends and Emerging Risks
The environmental liability insurance market remains generally stable, but underlying shifts in risk profiles, regulatory enforcement, and coverage limitations are prompting carriers and insureds alike to reassess their strategies.