The commercial property insurance market is navigating a constantly evolving landscape in 2025, in which rising costs, labor shortages, and the ever-present threat of business interruption are reshaping how claims are managed. In response, many insurers and risk managers are …
Agency of the Future
What will the insurance agency business model look like 10-15 years from now? Today, several key trends are already shaping the future of the industry, including the ongoing trend of agency consolidation, the relative ease of starting new businesses, a …
US Commercial Lines Prices Increase 3.8%, Falling From Up 6% in Previous Quarters
U.S. commercial insurance rates increased 3.8% in the second quarter of 2025, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). WTW said the price increase has been very close to 6% over the past six quarters. Carriers …
Trump Files to Cancel Approval of Maryland Offshore Wind Farm
The Trump administration asked a federal court to cancel the approval of a $6 billion wind project planned off the coast of Maryland as part of a wider effort to halt the development of the offshore clean- energy resource. The …
US Political Violence Surges to Record, Bloomberg Analysis Shows
Political violence in a polarized US is surging, with the past five years of assassinations and attempts on the lives of politicians the highest on records dating back to the 1960s, a Bloomberg Geo-Economic analysis shows. Since the start of …
Exclusive Member of Reinsurance Class of 2025: Duperreault’s Cedar Trace
There are certain traits of hard reinsurance market cycles: prices rise, terms and conditions tighten, and new Bermuda reinsurers are formed to help fill capacity needs — known in the past by the market as the “class of 1992,” “class …
Georgia Church Leaders Charged With Buying Homes With False Documents
Leaders of a Georgia-based church with congregations in five states have been charged by federal prosecutors with swindling millions of dollars in veterans benefits from parishioners serving in the military. An indictment unsealed in U.S. District Court in Savannah charges …
Reuters: AI Chatbots Were Happy to Help Craft a Phishing Scam
The email seemed innocent enough. It invited senior citizens to learn about the Silver Hearts Foundation, a new charity dedicated to providing the elderly with care and companionship. “We believe every senior deserves dignity and joy in their golden years,” …
Georgia Judge Won’t Award Attorney Fees to Governments in Rivian Lawsuit
A judge has rejected an attempt by the state of Georgia and a local development agency to force people who unsuccessfully sued to block an electric vehicle plant to pay the government’s legal fees. State government and the development authority …
West Virginia Approves More Mining in Area Residents Say Is Already Contaminated
In 2023, dirty mine water gushed out of the ground behind James Christian’s home, flooding his yard in Wyoming County, West Virginia. Sinkholes formed, a strong sulfur-like odor lingered in the air and oily sheens began coating the creek. Residents …