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News
Property Rates Fall in Q2 For Fifth Straight Quarter While Casualty Lines Stay Under Pressure
1+ mon, 6+ day ago (331+ words) Commercial property pricing fell 8.1% in the second quarter of 2026, deepening from a 7.1% decline in the first quarter and marking the fifth consecutive quarter of negative pricing, according to The Baldwin Group’s Q2 2026 Market Pulse report. Baldwin said primary pricing, reinsurance and…...
Not All Sprinklers Are Equal, and Insurers Are Taking Notice in Senior Living
1+ mon, 1+ week ago (137+ words) Gallagher also cautioned that code compliance should not be equated with adequate protection, since building codes establish minimum life safety requirements rather than optimal risk-mitigation strategies. The report cited several 2025 events to demonstrate how quickly conditions can worsen even in…...
California Workers' Comp Underwriting Loss Widens As Medical And Indemnity Costs Both Rise
1+ mon, 3+ week ago (1025+ words) California workers’ compensation insurers recorded a pre-tax underwriting loss of 2.8% of earned premium in 2025, or roughly $431 million, a reversal from the 0.8% underwriting profit posted in 2024, according to the Workers’ Compensation Insurance Rating Bureau of California. Total loss payments in 2025 split…...
Perspective | Move Over, Uncle Sam. The World’s Oldest Insurer Turned 350 This Year
2+ mon, 4+ day ago (1197+ words) Roger Crombie is a United Kingdom-based columnist for Risk & Insurance®. He can be reached at [email protected]. Uncle Sam’s birthday has overshadowed a more significant event that took place 100 years earlier. Unnoticed in the brouhaha of the American celebrations was…...
U.S. Property Claim Volume Falls as Severity Poised to Climb, Verisk Q1 2026 Report Shows
2+ mon, 1+ week ago (1611+ words) U.S. property claim volume fell 8.9% year-over-year in the first quarter of 2026 and ran 13.13% below the five-year average, according to Verisk Property and Restoration Solutions’ Q1 2026 Quarterly Property Report. That decline came despite significant winter storm activity across the eastern U.S. and a…...
Commercial Insurance Price Growth Slows to 2.5% in Q1 2026
2+ mon, 3+ week ago (1153+ words) U.S. commercial insurance buyers saw price increases continue to moderate in the first quarter of 2026, with aggregate pricing rising just 2.5% compared with the same period a year earlier, according to WTW’s Commercial Lines Insurance Pricing Survey (CLIPS). The survey measured prices…...
US Flood Insurance Gap Could Reach $1 Trillion in Extreme Scenarios, Moody's Finds
3+ mon, 2+ day ago (669+ words) U.S. counties face aggregate uninsured residential flood loss exposure exceeding $375 billion under a 1-in-100-year flood scenario, with a nationwide insurance protection gap of more than 65%, a structural shortfall that Moody’s Ratings warns in a new report poses significant and growing…...
As Construction Booms, Insurers Draw Sharper Lines Between Good Risks and Bad
3+ mon, 1+ week ago (1583+ words) Global construction activity is expected to grow from roughly $16 trillion in 2025 to nearly $22 trillion by 2030, fueled by data center buildouts, energy transition investments and resilient infrastructure demand, the report found. That growth is reshaping insurance needs across property, professional liability,…...
A Look at How Real Estate Insurers Are Responding to Climate Change
4+ mon, 13+ hour ago (716+ words) Only one named storm made landfall in the U.S. during the 2025 Atlantic hurricane season. Still there were 23 individual weather and climate disasters with at least $1 billion in damages, according to the independent scientific organization Climate Central. The total, direct cost of…...
AI and Geopolitical Shifts Top Emerging Risks for Insurance Industry in 2026
3+ mon, 3+ week ago (1499+ words) The survey drew more than 100 C-suite participants and over 350 total respondents from across the insurance and financial services industries. Property and casualty insurance executives told a different story. Discrete extreme weather events topped their near-term concerns at 22%, followed closely by…...