insurance
July 8, 2025
5 Strategies to Bolster Occupational Safety in an Aging Workforce
As the workforce ages, employers must adapt to ensure the safety and productivity of their older employees. Many baby boomers are delaying retirement or reentering the workforce, so the number of employees aged 55 and older is rising. While these workers bring valuable experience and engagement to their roles, they also face unique safety challenges...
July 3, 2025
Reinsurance Market Conditions Favor Loss-free Buyers At Midyear
Reinsurance buyers saw plenty of capacity for the mid-year renewals as demand for property catastrophe reinsurance ramped up and reinsurers saved their best pricing for loss-free accounts, according to broker reports. “Despite an active first half for natural catastrophe losses, mid-year renewals experienced a broadly competitive environment as reinsurers, ILS markets and new entrants sought...
June 20, 2025
General Liability Insurance Midyear Market Outlook
Although the general liability insurance market is displaying signs of stability, some troubling developments and cost drivers persist. In particular, the United States continues to be a highly litigious environment, prompting a growing number of lawsuits following liability incidents—actual or alleged—and, consequently, heightened legal defense expenses and associated insurance claims. This trend is primarily driven...
June 12, 2025
Workers’ Compensation Insurance Midyear Market Outlook
The workers’ compensation insurance segment has been an outlier compared to other lines of commercial coverage, with most policyholders encountering softening conditions and modest rate decreases for nearly a decade. According to the National Council on Compensation Insurance (NCCI), strong reserves and manageable claims frequency and severity helped generate an average combined ratio of 91...
June 10, 2025
Commercial Property Insurance Midyear Market Outlook
The commercial property insurance segment has been grappling with limited underwriting profitability and hardening conditions for much of the past decade, mainly due to surging catastrophe (CAT) losses, inflation issues and property valuation challenges. As such, ongoing premium jumps and restrictive coverage terms have become the norm for most policyholders. Shifting market dynamics helped ease...
May 28, 2025
Severe Convective Storm Losses for 2025 Already Exceed $20 Billion
Insured losses from the severe convective storms (SCS) that occurred between May 14–17, 2025, are estimated to range from $4 billion to $7 billion. According to recent estimates from reinsurance brokers, these storms are likely to rank among the costliest SCS events in U.S. history. “Two large severe weather outbreaks on May 14-17 and May...
May 27, 2025
Business Continuity Planning Benefits
Unexpected disasters can impact organizations, their operations and stakeholders. Natural catastrophes, cyberattacks, public health crises and supply chain incidents can all have serious consequences. These and other events can damage commercial property and digital assets, disrupt critical business functions and cause operational downtime. They can also result in illnesses or injuries, emotional harm, and financial...
May 15, 2025
Workers’ Comp Strong In 2024 But Susceptible to Economic Shocks
The U.S. workers’ compensation market had another strong year, posting a combined ratio of 86% for 2024 for an 11th consecutive year of underwriting profitability, according to the National Council on Compensation Insurance’s (NCCI) annual State of the Line report. “The workers’ compensation system continues an era of exceptional performance with strong results and a...
May 6, 2025
Hurricane Preparedness Week 2025: Protecting Your Commercial Property from Storm-Related Risks
As we observe Hurricane Preparedness Week 2025, it’s a critical time for property managers and commercial real estate stakeholders to reassess their readiness for hurricane season. The increased intensity and unpredictability of recent storms have heightened the urgency to develop comprehensive risk management strategies that safeguard people, property, and profits. The Growing Threat of Hurricanes to...