January 22, 2025
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The market expects a lower proportion of restoration by utilities than after 2018’s Camp Fire. -
The industry vertical is bucking a trend in the cyber market overall, which remains soft.
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Risk and commission conflicts in quota share agreements push deals further from either party’s interests.
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Modernized tactics springing from stolen online identities have surged post pandemic and are ramping up losses.
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The state is drought-ridden, hail threatened and potentially making major changes this year as a result.
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The first round of 2026 renewals was largely favorable for buyers.
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Market participants on programs/MGU business in particular feel there's more capacity than 12 months ago.
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Specialty was the busiest segment but still recorded a YoY drop of seven points.
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In a state prone to SCS, wind, floods and freezes, carriers are still fighting for market share.
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Cedants are opting to bank double-digit savings as reinsurers fight for market share.
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Ackman will need leaders like Ajit Jain behind him and make the right bets at the right price at the right time.
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Lower rates, more favorable policies and improved public cyber infrastructure are all contributing to the trend.
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The commissioner said more work needs to be done, but big companies are interested in coming back.
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The deal valued the tech-driven broker at over ~21x 2025 adjusted Ebitda, suggesting a hefty premium.
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Trump’s shadow loomed over the beachside sessions.
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MGAs going public is now a viable option, but dominating a market comes first.
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NY lawmakers are preparing a legislative package to address insurance costs in the Empire State.
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Admitted carriers on the other hand are still exercising caution as regulatory reforms take hold.
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Insurance Insider US reviews Euclid’s process and recent events in US MGA and retail broking.
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The subsegment is the latest commercial auto sector to feel the heat of litigation losses.
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A string of high-profile bankruptcies has put more scrutiny on the once marginal sector.
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Insurers with SCS exposure reaped fewer benefits but still improved over Q3 2024.
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Finance and insurance hiring is 27% below 2022’s peak, compared with 37% nationwide.
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The mayor-elect has promised to build 200,000 new units in New York City.
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