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The U.S. property & casualty fronting market experienced healthy growth driven by sustained managing general agent-originated business, even as higher retentions, broader reinsurance use and reserve pressures reshape the risk profile of fronting carriers, according to a report from rating agency AM Best.
Market estimates indicate $30 billion of U.S. P&C insuran...
Insurance fraud is on the rise.
In the U.S. alone, The Coalition Against Insurance Fraud estimates that annual insurance fraud activity is running at more than $306 billion, driven predominantly by technology.
That includes hard fraud, which is a deliberate fraudulent act, and soft fraud, which is more opportunistic.
But help is at hand in the form of ...
Climate adaptation projects in emerging markets generated projected benefits of roughly $2.10 for every dollar spent, with some interventions delivering returns approaching 10 times their cost, according to analysis by the Swiss Re Institute.
The finding is based on a review of 42 World Bank and Asian Development Bank project completion reports that directly addressed...
Claims on insurance that protects buyers in mergers and acquisitions reached a record in 2025, according to a claims briefing from Liberty Global Transaction Solutions, which received 176 notifications across all regions, about 26% more than in 2024. The coverage, known as representations and warranties insurance, pays for losses when a seller’s statements about a business, s...
Soon after Oregon legalized the use of psilocybin in 2020, the active ingredient in “magic mushrooms,” Portland-based insurance broker Todd Foster heard from an attorney friend.
Schools planning to train and accredit facilitators who would administer the drug at licensed service centers were having trouble getting liability coverage, Foster said. He encountered simila...