1+ day, 1+ hour 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,…...

2+ week, 4+ day 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 those 23 events in…...

1+ week, 3+ day 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…...

3+ week, 3+ day ago  (1582+ words) Total costs per claim for lost-time injuries in California grew at a sustained pace from 2022 to 2025, with indemnity benefits, medical payments and benefit delivery expenses all contributing to the increase, according to the Workers Compensation Research Institute. All three key…...

1+ mon, 2+ day ago  (1323+ words) Convective storms are no longer a "secondary peril,'" said Maurice Marvi, a property loss control expert at Munich Re Specialty " North America. The frequency and severity of these events have increased to a point where they are driving some of…...

1+ mon, 6+ day ago  (1502+ words) Global commercial insurance rates fell 5% in the first quarter of 2026, with property rates declining 9% and casualty rates rising 3%, according to Marsh's Q1 2026 Global Insurance Market Index. The divergence between softening property markets and a stubborn U. S. casualty environment defined the quarter, as…...

1+ mon, 2+ week ago  (1626+ words) Overall claim volumes dropped across most major property and casualty lines in 2025, with homeowners claims falling 19% year over year and personal auto claims continuing a three-year slide, according to Verisk's 2025 Claim Search Trends Report. Commercial auto claims ran counter to…...

1+ mon, 2+ week ago  (525+ words) California would need approximately $36 billion to build a wildfire fund durable enough to last 20 years with a 75% probability of solvency, which is more than double the commitment made in 2025, according to a report submitted to the governor and Legislature by…...

2+ mon, 2+ week ago  (1107+ words) U. S. commercial insurance prices grew at a more measured rate of just under 3% in the fourth quarter of 2025 compared with the year-earlier quarter, the slowest pace in years, according to WTW's Commercial Lines Insurance Pricing Survey. WTW's CLIPS survey compares premiums…...

3+ mon, 3+ week ago  (670+ words) Most homeowners and business owners acknowledge that flooding has intensified in recent years, yet this recognition has not translated into meaningful protective steps, including purchasing flood insurance, according to Chubb's 2026 Flood Risk and Resilience Survey. The survey of more than…...