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businessinsurance.com > commercial-insurance-renewal-hikes-slow-in-february-ivans

Commercial insurance renewal hikes slow in February: Ivans

6+ hour, 51+ min ago  (140+ words) Commercial insurance renewal rates for most lines of business showed smaller increases in February than January, according to Ivans, data analytics unit of Applied Systems. Commercial auto lines showed a 5.18% increase in February, down from a 5.62% increase in January. Business…...

Business Insurance
businessinsurance.com > state-fund-must-cover-longtime-injured-worker-whose-company-was-insolvent

State fund must cover longtime injured worker whose company was insolvent

1+ mon, 3+ day ago  (250+ words) In a Jan. 30 decision that reinforces reimbursement rights for reinsurers and insurers involved in long-tail workers compensation claims when employers later become insolvent, the court reversed a Department of Industrial Accidents reviewing board ruling that had denied Employer's Reinsurance Corporation's…...

Business Insurance
businessinsurance.com > non-peak-perils-drive-2025-insured-cat-losses-howden

‘Non-peak perils’ drive 2025 insured cat losses: Howden

1+ mon, 3+ week ago  (270+ words) Insured catastrophe losses for 2025 were driven by a series of "non-peak" perils such as wildfire and severe convective storm, according to a report Tuesday from Howden. In the U.S., a relatively benign hurricane season with below-average severe storm losses stood in…...

Business Insurance
businessinsurance.com > california-public-self-insured-comp-claims-fell-last-year

California public self-insured comp claims fell last year

1+ mon, 3+ week ago  (277+ words) The number and frequency of workers compensation claims reported by California's public self-insured employers declined for a third consecutive year, even as total paid and incurred losses rose to record levels, according to a review of data released Monday by…...

businessinsurance.com
businessinsurance.com > boise-did-idaho-ever-get-a-surprise

Boise, did Idaho ever get a surprise

1+ mon, 4+ week ago  (237+ words) Residents of Camas Prairie, Idaho, briefly learned they had new neighbors over the weekend " places called "Orangeotild" and "Whata Bod" " after the National Weather Service posted a wind forecast map featuring towns that do not, in fact, exist, according to…...

businessinsurance.com
businessinsurance.com > 6-january-wildfires-prompted-concerns-over-cat-losses

6. January wildfires prompted concerns over cat losses

2+ mon, 1+ week ago  (232+ words) Insurers have paid out more than $100 billion in catastrophe claims each of the past five years, and a string of California wildfires in January had some in the industry worried that 2025 could be even worse. During a February earnings call,…...