Property/Casualty Insurance
US Treasury’s FIO: Home Insurance Affordability, Availability Undermined by Climate Risks
Homeowners in higher-risk areas see nonrenewal rates about 80% higher, on average, than property owners in the lowest-risk ZIP codes, according to a report from the Federal Insurance Office.
Date: June 2025
The Last Resort: As Private Insurers Exit High-Risk Areas, FAIR Plans Find Competitive Foothold
Without the rate adequacy they need to sustain their books, insurers are exiting high-risk areas, leaving consumers with few remaining—and more costly—options.
Date: June 2025
Texas Homeowners Multiperil Approved Rate Filings by Overall Effect With Increases of 37.8% or Greater
Based on an effective date beginning on Jan. 1, 2024, through Dec. 31, 2025.
Date: June 2025
Texas Considering Rate-Approval Requirements for Home, Auto Lines
Proposed legislation would subject any residential property or automobile insurance rate request of more than 10% above or below the previously filed rate to regulatory approval.
Date: June 2025
Parametric Plan for High-Risk Regions Wins AM Best 2025 Student Challenge
Students at the University of Wisconsin-Madison’s Wisconsin School of Business won the AM Best 2025 Student Challenge with a parametric solution that would provide coverage to underserved markets.
Date: June 2025
Largest European Insurers – 2025 Edition
Non-IFRS 17 companies ranked by 2023 gross premiums written. IFRS 17 companies ranked by 2023 insurance service revenue.
Date: June 2025
Large Language Models Examine Rising U.S. Homeowners Rates
In addition to severe weather, other factors impacting U.S. homeowners rates included regulation, reinsurance, the lack of affordable housing, high mortgage rates and carrier exits, according to the artificial intelligence models.
Date: June 2025
Insurance Europe: Additional Sustainability Risk Rules Carry ‘Unnecessary Costs’
Insurance Europe said the European Commission should consider limiting minimum standards to climate risk. One European insurer, however, said hurricanes, thunderstorms and floods dominated a “loss-heavy year” for natural catastrophes in 2024.
Date: June 2025
Gallagher Re: First-Quarter $56 Billion Cat Losses Pummel US Insurers
The large global loss estimate came despite lower billion-dollar events than usual for the quarter, Gallagher Re said.
Date: June 2025
Colorado FAIR Plan Launches With Help From Plans Countrywide, Director Says
Colorado’s FAIR Plan will require a policyholder to be declined by three admitted carriers to be eligible for basic coverage up to $750,000 for homeowners and $5 million for commercial properties.
Date: June 2025
California Regulators Say Redrawn Wildfire Hazard Maps Will Protect Homes, Communities
The California Department of Insurance said it wants to empower communities with more accurate information about the hazards faced by the state.
Date: June 2025
Auto Repair Shop Fatal Accidents Highlight Underwriting Perils
Best’s Underwriting Reports and Best’s Loss Control Reports provide insights into the risks and lines of coverage for auto repair centers.
Date: June 2025
Author: Rising Cyberrisks From Third-Party Vendors Call for New Insurance Strategies
Cyber Intelligence 4U founder and CEO Ariel Evans explains how third-party cyberrisks are reshaping insurer strategies and risk management approaches.
Date: June 2025
AM Best: NAIC-2 Bond Purchases Climb in 2024; Mortgages and Alternatives Muted
Analysts talked with AM Best TV about a Best’s Special Report that says reinvestment of cash flows by life/annuity insurers into higher-yielding bonds and mortgages drove higher net investment.
Date: June 2025
Tariffs and Trade Disputes Have Insurers Fretting: Goldman Sachs Asset Management Survey
Inflation remains a top macroeconomic concern facing insurance investment portfolios, along with the risk of a slowdown or recession in the United States, according to the survey.
Date: May 2025
Picturing Risk: Knowledge of Value, Perils a Must When Insuring Art
“Art washes away from the soul the dust of everyday life,” Pablo Picasso said. That doesn’t eliminate the need to insure it.
Date: May 2025
P&I Clubs: Record High Free Reserves Despite Challenges on Technical Performance
High investment returns boosted free reserves to record high levels in recent years but AM Best expects underwriting performance to deteriorate, according to a Best’s Market Segment Report.
Date: May 2025
Members of the International Group of P&I Clubs — 2025 Edition
Ranked by 2023 gross premiums written.
Date: May 2025
Buffeted by Storm Losses, Iowa Homeowners Insurers Hike Rates, Tighten Writing
Homeowners writers in Iowa have pursued a myriad of options in the face of catastrophic weather losses, inflation and rising reinsurance costs.
Date: May 2025
Strong Profitability for Thailand Non-Life Insurers in 2023
Thailand’s non-life market posted an underwriting gain in 2023 as capital levels rebounded due to favorable profitability.
Date: April 2025
Marsh’s Quintal and We2Sure’s Wigzell: Insurance Facility Tackles Carbon Credit Fraud Risks
A new insurance facility can help businesses address the growing risk of counterfeit certificates and nonexistent projects, Jackie Quintal, managing director of Marsh McLennan’s Financial Institutions Group, and Simon Wigzell, co-founder and chief underwriting officer of We2Sure, told AM Best TV.
Date: April 2025
Market Segment Outlook: Malaysia Non-Life Insurance
AM Best is maintaining a Stable outlook on Malaysia’s non-life insurance segment, citing anticipated premium growth spurred by economic recovery.
Date: April 2025
Largest Asia-Pacific Insurers – 2025 Edition
Ranked by 2023 gross premiums written.
Date: April 2025
Insurers, Buyers Face New Challenges With Emerging Commercial Risks in 2025
Political change, artificial intelligence and cyber are among the many risks insurers and their clients face in 2025, companies say.
Date: April 2025
Cyber Insurance Survey Highlights Systemic Risk, Particularly on SMEs
AM Best, which sent its cyber questionnaire to the largest cyber insurers globally, summarizes the 41 responses received in the report.
Date: April 2025
Chemical Liability Is Seen as an Emerging Risk Every Business Must Tackle and Manage
Insurers are addressing the growing legal risks of “forever chemicals” exposure as well as evolving regulations and the need for proactive risk management, said Grant Nichols, senior vice president at CAC Specialty.
Date: April 2025
Betting on American Justice: Lawmakers, Regulators Target Third-Party Litigation Funding
Debates are continuing over how to address third-party litigation funding, with the federal and some state governments taking steps to curb social inflation.
Date: April 2025
AM Best: ILS Market Hits $107 Billion as Cat Bonds, New Capital Drive Growth
ILS market capacity reached new heights, bolstered by supply-and-demand dynamics in the insurance-linked securities market, AM Best Director Matt Tuite recently told AM Best TV.
Date: April 2025
Lower-Cost Cell Captives Emerge as Groups’ Risk Management Program
Cell captives are a growing avenue for organizations looking to protect themselves against risk. Their flexibility and low capital needs are seen as attractive features for companies that do not want to set up a traditional single-parent captive.
Date: March 2025
Largest Published, Rated Single-Parent Captive Insurers – 2025 Edition
Ranked by 2023 gross premiums written.
Date: March 2025
Largest Private Crop Insurers – 2025 Edition
Ranked by 2023 direct premiums written.
Date: March 2025
Largest Multiperil Crop Insurers – 2025 Edition
Ranked by 2023 direct premiums written.
Date: March 2025
Largest India Insurers - 2025 Edition
Ranked by 2023 gross premium written.
Date: March 2025
AM Best: Pet Insurance Evolving as Inland Marine Niche Business Post-Pandemic
Following the recent release of the Best’s Market Segment Report Mixed Early Pet Insurance Results but Inland Marine Remains Strong, AM Best discussed the pet, travel and inland marine insurance markets.
Date: March 2025
AM Best: Outlook Remains Stable for India Non-Life Insurance Segment
Premium growth and economic development have bolstered the segment, according to AM Best’s Market Segment Outlook: India Non-Life Insurance. Despite strong premium growth, India’s non-life segment continued to generate underwriting losses in fiscal year 2024.
Date: March 2025
Trust Re CEO: Regional Insurers Should Resist Foreign Expansion, Focus on Local Opportunities
There are plenty of services that regional reinsurers are unable to provide, said Yassir Albaharna, group chief executive officer of Trust Re.
Date: February 2025
Montana Insurance Commissioner Grants First ‘Sandbox Waiver’ to Workers’ Comp Program
Montana State Fund’s program is granting premium waivers of up to $10,000 for a potentially smoother transition after a premium audit, the state says.
Date: February 2025
Largest Surety Insurers – 2025 Edition
Ranked by 2023 direct premiums written.
Date: February 2025
Largest MENA Insurers – 2025 Edition
Ranked by 2023 gross premiums written.
Date: February 2025
US Property/Casualty – 2023 Direct Premiums Written by Line – 2025 Edition
Date: January 2025
Top 25 US Property/Casualty Writers – 2025 Edition
Ranked by 2023 net premiums written.
Date: January 2025
Top 25 US Property/Casualty Companies — 2025 Edition
Ranked by 2023 total admitted assets.
Date: January 2025
Top 25 US Property/Casualty Companies — 2025 Edition
Ranked by 2023 gross premiums written.
Date: January 2025
Top 25 US Property/Casualty Companies — 2025 Edition
Ranked by 2023 policyholders’ surplus.
Date: January 2025
Property/Casualty
Property insurance covers damages or loss of property. As a result, rates can be significantly higher in areas susceptible to perils such as hurricanes. Casualty insurance covers indemnity losses and legal expenses from losses such as bodily injury or damage that the policyholder may cause to others.
Date: January 2025
AM Best: Social Inflation, Driver Shortage, Inexperience Compound Commercial Auto Difficulties
Analysts who spoke with AM Best TV referenced a recent report that says distracted driving and other issues have had an adverse impact on the commercial automobile insurance industry, citing the frequency and severity of accidents involving commercial vehicles.
Date: January 2025
US Fire and Allied Lines – Top Writers by State, Canada and US Territories – 2024 Edition
Ranked by 2023 direct premiums written.
Date: December 2024
Top 25 US Ocean Marine Writers – 2024 Edition
Ranked by 2023 direct premiums written.
Date: December 2024
Top 25 US Inland Marine Writers – 2024 Edition
Ranked by 2023 direct premiums written.
Date: December 2024
Top 25 US Fire and Allied Writers – 2024 Edition
Ranked by 2023 direct premiums written.
Date: December 2024
For Some Insolvent Insurance Carriers, ‘Giving Away the Pen’ to MGAs May Have Contributed to Their Undoing
Allowing managing general agents with specialized expertise too much authority won’t necessarily solve insurers’ problems, some analysts believe.
Date: December 2024
Workers’ Comp Regulatory Trends: Mental Health Presumptions, Cannabis, Psychedelic Treatment
Lawmakers across the country have introduced legislation that addresses compensability for job-related post-traumatic stress disorder, according to a new report from the National Council on Compensation Insurance.
Date: November 2024
US Workers’ Compensation – 2023 Direct Premiums Written – 2024 Edition
Date: November 2024
US Property/Casualty – 2023 Asset Distribution – 2024 Edition
Ranked by 2023 total admitted assets.
Date: November 2024
US Homeowners Multiperil – Top Writers by State, Canada and US Territories – 2024 Edition
Ranked by 2023 direct premiums written.
Date: November 2024
Top 25 US Homeowners Multiperil Writers – 2024 Edition
Ranked by 2023 direct premiums written.
Date: November 2024
Top 25 Life/Health Insurers’ Investment Returns – 2024 Edition
Ranked by 2023 total admitted assets.
Date: November 2024
The Rise of Reciprocals: Insurance Exchanges Offer Unique Solution in Catastrophe-Prone Florida
After a seven-year stretch in which there were no new reciprocals, at least 21 launched between 2017 and 2024. Ten are domiciled in catastrophe-prone Florida, including five within the last two years.
Date: November 2024
Private Market Takes Cautious Approach to Flood Insurance Amid Climate Uncertainty, Panel Says
Flood insurance’s role is being reevaluated now that cat and non-cat events have led to torrential rain and widespread problems, according to a recent panel discussion at the Wholesale & Specialty Insurance Association Annual Marketplace in San Diego.
Date: November 2024
US Total All Auto Lines – Top Writers by State, Canada and US Territories – 2024 Edition
Ranked by 2023 direct premiums written.
Date: October 2024
US Private Passenger Auto – Top Writers by State, Canada and US Territories – 2024 Edition
Ranked by 2023 direct premiums written.
Date: October 2024
US Commercial Auto – Top Writers by State, Canada and US Territories – 2024 Edition
Ranked by 2023 direct premiums written.
Date: October 2024
US Auto Physical Damage – Top Writers by State, Canada and US Territories – 2024 Edition
Ranked by 2023 direct premiums written.
Date: October 2024
US Auto Liability – Top Writers by State, Canada and US Territories – 2024 Edition
Ranked by 2023 direct premiums written.
Date: October 2024
Top 25 US Total Auto Writers – 2024 Edition
Ranked by 2023 direct premiums written.
Date: October 2024
Top 25 US Private Passenger Auto Writers – 2024 Edition
Ranked by 2023 direct premiums written.
Date: October 2024
Top 25 US Commercial Auto Writers – 2024 Edition
Ranked by 2023 direct premiums written.
Date: October 2024
Top 25 US Auto Physical Damage Writers – 2024 Edition
Ranked by 2023 direct premiums written.
Date: October 2024
Top 25 US Auto Liability Writers – 2024 Edition
Ranked by 2023 direct premiums written.
Date: October 2024
Top 25 Private Passenger No-Fault Writers – 2024 Edition
Ranked by 2023 direct premiums written.
Date: October 2024
Top 25 Other Private Passenger Auto Liability – 2024 Edition
Ranked by 2023 direct premiums written.
Date: October 2024
Top 25 Other Commercial Auto Liability – 2024 Edition
Ranked by 2023 direct premiums written.
Date: October 2024
Top 25 Commercial Auto No-Fault Writers – 2024 Edition
Ranked by 2023 direct premiums written.
Date: October 2024
Modelers’ Loss Estimates Vary, Impacted by Long-Term Effects
More sophisticated risk assessment models have become available in recent years, and modelers are often quick to issue loss estimates following a catastrophic event.
Date: October 2024
Finding the Fast Lane: Pricing Helps Auto Insurers Navigate Roadblocks to Profitability in Difficult Market
Some private passenger auto insurers have found ways to post an underwriting profit amid high inflation and other macroeconomic issues.
Date: October 2024
Distracted Driving on the Rise in Commercial Vehicles, Propelling Claims Frequency and Severity
Kristina Talkowski, Nationwide’s senior vice president, middle market commercial, spoke with AM Best Audio about the company’s 2024 driving behaviors study, which shows the damaging effects of distracted driving.
Date: October 2024
Top 25 Writers - US Private Flood – 2024 Edition
Date: September 2024
Top 25 Property / Casualty Mutual Writers – 2024 Edition
Date: September 2024
‘Forever Chemicals’ Spur New Lawsuits
PFAS, which are found in a variety of commonly used chemicals, have been linked to some health consequences, leading to new litigation with worst-case scenarios projecting more than $160 billion in claims.
Date: August 2024
US Workers’ Compensation – 2023 Direct Premiums Written – 2024 Edition
Date: August 2024
US Total Auto – 2023 Direct Premiums Written – 2024 Edition
Date: August 2024
US Property/Casualty Insurers – 2023 Direct Premiums Written by Line – 2024 Edition
Date: August 2024
US P/C Stand-Alone Cybersecurity Insurance – 2023 Direct Premiums Written – 2024 Edition
Date: August 2024
US Medical Professional Liability (Total) 2023 Direct Premiums Written – 2024 Edition
Date: August 2024
US Medical Professional Liability (Occurrence) – 2023 Direct Premiums Written – 2024 Edition
Date: August 2024
US Medical Professional Liability (Claims Made) – 2023 Direct Premiums Written – 2024 Edition
Date: August 2024
US Homeowners Multiperil – 2023 Direct Premiums Written – 2024 Edition
Date: August 2024
US Commercial Multiperil – 2023 Direct Premiums Written – 2024 Edition
Date: August 2024
Standing the Test of Time — 2024 Edition
In this edition, 176 insurers maintained a Best’s Financial Strength Rating of A or higher for at least 50 years, including 22 for at least 100 years.
Date: August 2024
Bima Sugam: An Online Boost to India’s Insurance Market
The Indian government’s initiative to create an insurance marketplace is a tried-and-tested method dating to the 17th century and deserves to be handled with caution.
Date: August 2024
AM Best: Mexico’s Insurance Segment Outlook Remains Stable
A new Best’s Market Segment Outlook report maintains Mexico’s insurance industry at stable, owing to strong premium growth and solid profitability despite Hurricane Otis.
Date: August 2024
World’s Largest Insurance Companies - 2024 Edition
Based on 2022 net nonbanking assets and net premiums written.
Date: July 2024
Top 75 US and Canada Public Insurers - 2024 Edition
Ranked by 2023 assets and revenue.
Date: July 2024
Top 25 US Holding Companies - 2024 Edition
Ranked by Assets and Revenue.
Date: July 2024
Top 200 US Property/Casualty Writers - 2024 Edition
Industry’s 2023 net premiums written increased 10.4%.
Date: July 2024
AM Best: Social Inflation Remains a Thorn in the Side of Casualty Insurers
Cultural attitudes toward corporations and the erosion of tort reform in a number of states are among the factors driving social inflation.
Date: July 2024