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News
Van premiums fall 4.5% as insurers diverge sharply on pricing
4+ day, 5+ min ago (341+ words) Van insurance premiums fell 4.5% in the three months to August. That ended a period of flat pricing and resumed the downward trend running since the market peaked in October 2024. Quoted prices are now 11% below last year and around 16% lower than…...
Underinsurance often starts with the premium, not the peril
4+ day, 12+ hour ago (572+ words) A softening commercial property market hands clients something they have not had for most of the past decade: room in the insurance budget. What happens to that room at renewal is the decision that gets tested years later, at claim…...
P&C industry's best half in years hides a casualty problem
6+ day, 22+ min ago (267+ words) The US property and casualty industry nearly tripled its net underwriting income in the first half of 2026. The result reflects a market where property and casualty lines are moving in sharply different directions. Net underwriting income reached $31.2 billion in the…...
Calm loss year in APAC hides earnings pressure building beneath it
1+ week, 3+ hour ago (627+ words) Property catastrophe rates across Asia-Pacific fell 10% to 20% at January renewals, and combined ratios for major regional reinsurers stayed below 100% in 2025. On the surface, the APAC reinsurance market looks stable. Fitch Ratings, in its Asian Reinsurance Monitor, argues the surface is…...
Freight's green switch is creating a claims gap for brokers
2+ week, 6+ day ago (770+ words) Electric lorries that cost more to repair than to insure, cargo ships with no agreed fuel strategy, and a maritime sector operating under guidelines formalised only months ago: a Reuters Events and AXA XL report sets out the insurance risks…...
Windermere Insurance Group Named a 2026 Best Practices Agency
3+ week, 4+ day ago (82+ words) Rutland Herald Windermere Insurance Group has been recognized as a Best Practices Agency, earning the prestigious designation for 2026 and maintaining its place among a select group of high-performing independent insurance agencies nationwide. CHARLOTTE, N.C.--(BUSINESS WIRE)--Aug 19, 2026-- Windermere Insurance Group has…...
Waste, hazardous and recycling fleets remain the hardest commercial motor risks to place
3+ week, 6+ day ago (532+ words) Insurance Business Waste, hazardous and recycling fleets remain the hardest commercial motor risks to place Lithium-ion battery fire risk and environmental liability are changing the claims profile of fleets that standard markets are increasingly reluctant to write Waste, hazardous and…...
Nearly One-Third Of Gen Z Steers Clear Of Car Insurance, Survey Finds
4+ week, 1+ day ago (248+ words) A significant share of American drivers have opted to avoid insuring the vehicles they drive amid the rising cost of living and shifting consumer habits, a recent survey finds. As perhaps the most commonly experienced cost, the average price of…...