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The market expects a lower proportion of restoration by utilities than after 2018’s Camp Fire.

The storm is expected to bring freezing rain and heavy snow across a wide swath of the US.

Over 30 years after the Northridge earthquake, quakes have fallen out of market discussions.

The reinsurance broker will be known as Marsh Re starting in 2027 as part of a broader company shift.

Increased vegetation could spell trouble in the future.

Private capital-backed buyers accounted for 605 of 854 deals last year.

Reserves will join rate softening, margin pressure, as key topics in Q4 discussions.

Southern is said to have diverted 36 clients with $4mn in annual revenues from Marsh.

Sources said Jefferies and RBC have been retained to advise on the sale process.

Casualty and auto loss costs continue to rise due to inflation as we head into 2026.

On average, Pure members will see a 7.6% rate decrease.

Insurance has been an increasingly salient issue among politicians in the state.

The company’s policy count has been declining rapidly in recent months.

The medical care index increased 3.5% over the past 12 months.

Risk and commission conflicts in quota share agreements push deals further from either party’s interests.

Wildfires and SCS led to $108bn of total insured losses globally, despite no major hurricane making US landfall.

The specialist insurer, meanwhile, expects growth opportunities in homeowners’ this year.

The bill would also mandate guaranteed replacement cost coverage.

Worsening market conditions drove the majority of P&C stocks to underperform the S&P 500 in 2025.

The state is drought-ridden, hail threatened and potentially making major changes this year as a result.

The independent MGU was spun out of AIG in 2023.

This is lower than some estimates, which had put insured losses at over $30bn.

An impending soft market further complicates the outlook for carriers with long-tail casualty exposure.

Drummond had asked the state’s insurance commissioner to help him combat rising rates.