According to the 2024 Annual Retirement Study from Allianz Life Insurance Company of North America (Allianz Life), a significant number of Americans are grappling with debt that may hinder their retirement savings and overall financial stability.
Author: Maria Valdez Haubrich
AM Best Revises Outlook for U.S. Personal Lines Insurance to Stable
AM Best has adjusted its 2025 outlook for the U.S. personal lines insurance segment from negative to stable, citing significant improvements in rate and pricing conditions, particularly in the auto insurance market.
Liberty Mutual Insurance Appoints Marc Orloff to President, Global Risk Solutions North America
Liberty Mutual Insurance today announced that Marc Orloff has been named President of Global Risk Solutions (GRS) North America, effective Jan. 1, 2025.
Insurity Gathers Industry Leaders to Drive Innovation in P&C Insurance
Insurity hosted its largest-ever Excellence in Insurance conference, bringing together over 100 insurance organizations and industry analysts to explore emerging trends and strategies shaping the future of the property and casualty (P&C) insurance market.
Louisiana’s Flood Insurance Crisis: What’s Next?
The National Flood Insurance Program (NFIP) is facing mounting pressure as debt climbs to $20.5 billion, premiums soar, and participation drops.
Supreme Court’s Decision in Nvidia Securities Case May Impact D&O Insurance Market
SCOTUS is poised to make a pivotal decision in the Nvidia Corp. v. Ohman securities class action case. The ruling could influence how securities plaintiffs meet heightened pleading standards and affect the directors and officers (D&O) liability insurance market.
New Research: Digital and Operational Readiness is Essential for AI Value in P&C Insurance
Based on insights curated from over 1800+ insurance industry clients, The State of AI in P&C Insurance report examines the role of AI in retail, MGA/ wholesale and carrier markets.
Thousands of Minnesotans Face Medicare Advantage Coverage Changes for 2025
The Medicare open enrollment period for 2025 ends on December 7, and Minnesota seniors enrolled in Medicare Advantage plans are facing significant disruptions to their healthcare options.
Disparities in Rate Regulation for Personal Auto Insurance Has Negative Impacts
A new study from the Insurance Research Council (IRC) shows that the processes to achieve approved rate filings for personal auto insurance throughout the U.S. has become more cumbersome since 2010, negatively impacting market performance.
Secondary Perils and Climate Risks Reshape Insurance Models
In 2024, global insured losses from natural catastrophes are set to surpass the $100 billion mark, a trend that has persisted in recent years. This surge is largely due to secondary perils.