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Today's Headlines |
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July 13, 2026 |
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Global insurance premium growth is expected to slow sharply this year due to geopolitical uncertainty, supply chain disruption and continued inflation, according to Swiss Re Institute's latest sigma report. But Swiss Re said the current underwriting cycle may prove shallower than past soft markets as rising repair costs and growing catastrophe exposures limit pricing corrections.... read more
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Property/casualty insurers have started to broadcast the fact that they earned spots on Ward's list of 50 top-performing insurance companies for 2026, but only one was named for 36 straight years—RLI Corp. In addition, there were four newcomers to the elite list: Chesapeake Employers Insurance Company, a Maryland-based workers compensation specialist; Crum & Forster Insurance,... read more
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Verisk recently added a new online Loss Payee/Mortgagee Notifications Expense Calculator to help P&C insurers estimate annual expenses for manual loss payee and mortgagee compulsory reporting obligations. Reporting is complex, costly, constant, and compulsory. Reporting activities challenge P&C insurers with competition for technical resources ... read more
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New York Attorney General Letitia James on Thursday sued some of the nation's largest chemical and agricultural companies — 3M Company, EIDP Inc., The Chemours Company Inc., Corteva Inc., and DuPont De Nemours Inc. — for contributing to decades of toxic polyfluoroalkyl substances (PFAS) pollution in the state through their use in consumer products. PFAS,... read more
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A California bill to enable carriers to offer auto insurance discounts for good driving behavior is making its way through state Legislature. Assembly Bill 311 would amend the state's bedrock insurance law, Proposition 103. The bill, the Consumer Driving Data Protection Act of 2026, would let insurers use telematics to set rates for drivers who... read more
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The streets around a midtown Manhattan high-rise where buckled columns forced evacuations gradually returned to life Wednesday, as roads reopened, residents and hotel guests were allowed back into nearby buildings, and workers shored up the damage. After crews worked through the night to stabilize a section of the building where beams had buckled and floors... read more
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The U.S. National Highway Traffic Safety Administration urged owners of 463,000 Kia crossover SUVs to park outdoors because of fire risks until new recall repairs are completed. Kia said it would recall 463,000 Telluride crossovers in the U.S. from the 2020 through 2024 model years because the front power seat motor may overheat, potentially causing... read more
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A new National Highway Traffic Safety Administration campaign highlights the dangers of speeding, a factor in nearly one-third of traffic deaths annually. In 2024, 11,288 people were killed in speeding-related crashes, accounting for 29% of all traffic fatalities, and an estimated 316,757 people were also injured. New preliminary estimates for 2025 project an 11% decline... read more
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Budgets are up, optimism is high, and yet insurance operations teams have never ... read more
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Is your legacy system holding back your AI ambitions? For insurance carriers, ... read more
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Insurance carriers are sitting on more data than ever—but turning it into ... read more
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Insurers are currently navigating a rapidly changing landscape, from agentic AI ... read more
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Claims operations have always been the operational core of P&C insurance ... read more
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