“We must maintain underwriting discipline.” This phrase is arguably the most repeated mantra in the reinsurance…
Tag: Market
Yet Another HO Insurer, Viceroy, Approved for Florida Market, Regulators Say
Yet another property insurance carrier has been approved to do business in Florida, this one a…
Greystar Reaches Deal in Justice Department’s Rental Market Collusion Case
Greystar Real Estate Partners LLC reached a tentative settlement with the Department of Justice in an…
Cyber Market Flush With Capacity as Buyers Get More Limit, Low Premium
Cyber insurance remains an area of growth opportunity for property and casualty insurers, particularly in the…
A Workers’ Comp Hard Market Is Coming to California
Word on the street is that California employers should start expecting higher workers’ compensation rates. California…
Zurich Insurance Reports Record H1 Profit of $4.2B, Driven by Middle Market, Specialty
Zurich Insurance Group reported some record numbers during the first half: business operating profit (BOP) was…
‘Soft Market Under Stress’ Offers Unique Window of Opportunity for Insurance Buyers
A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis…
Texas Auto Insurer for Residual Market Approved for Rate Increase
The Texas Department of Insurance (TDI) said in a bulletin this month that it has approved…
Tesla Sales Fall Again in California, Dragging on ZEV Market
Tesla has now seen seven quarterly registration declines reported in California, dragging down the overall zero-emission…
Independent Agencies’ Market Share Shows Small Decline
The independent agency channel placed 61.5% of all property/casualty insurance written in the U.S. in 2024,…