As the insurance landscape evolves, Accenture’s “Insurance Revenue Landscape 2025” report highlights the importance of innovation and resilience for driving future growth. Here are four key opportunities insurers should focus on.
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Alliant Insurance Services Signs on as Official Insurance Brokerage and Proud Partner of San Diego Football Club
Alliant Insurance Services, the leading specialty insurance broker, announced its partnership with San Diego FC (SDFC) ahead of the Club’s inaugural season in Major League Soccer (MLS).
Insurance Industry in 2025: Key Trends Reshaping the Future
The insurance industry is bracing for transformative changes, as outlined in PwC’s report “Insurance 2025 and Beyond.” Five key trends are set to reshape the landscape, demanding adaptation and innovation from insurers:
New Louisiana Law May Accelerate Insurers’ Exit from the Flood Market
A recent law change in Louisiana is poised to reshape the flood insurance landscape, with significant consequences for both insurers and homeowners.
North Carolina Faces Record $53 Billion in Damages from Hurricane Helene
Hurricane Helene has left an unprecedented mark on North Carolina, with a staggering $53 billion in estimated damages and recovery needs, according to the state budget office’s preliminary report.
Global Insurance Rates Decline for the First Time in Seven Years
For the first time in seven years, global commercial insurance rates have fallen. According to Marsh’s Global Insurance Market Index, rates dropped by an average of 1% during the third quarter of 2024, signaling a significant shift in the global insurance landscape.
Major Insurers Pull Back in Fire-Prone California
In recent developments that underscore the growing impact of climate change on real estate and insurance industries, several major insurance providers have begun withdrawing from California, citing unprecedented wildfire risks.
Weather Extremes Influence Workers’ Compensation Claims, Study Shows
The National Council on Compensation Insurance (NCCI) has released a new study, Adverse Weather and Workers Compensation Claims, revealing that extreme weather conditions, both hot and cold, significantly increase workers’ compensation claims.
Brownyard Group’s FOUNDATION Program Introduces New Coverage Endorsement
Brownyard Group®, a program administrator providing specialized insurance coverage for select industries, has announced it is taking steps to further support businesses within the cosmetics industry against the financial threats posed by product recalls.
Rising Healthcare Costs Continue to Hit Health Insurers Hard
Health insurers are facing ongoing challenges due to rising healthcare costs, a trend that has impacted their earnings and caused significant stock declines.