Personal Lines

Early forecasts are for a less active hurricane season than 2024's devastating one — though severe convective storms show no signs of letting up.

As climate perils intensify, insurers must innovate or risk market exodus amid mounting catastrophic losses.

The last three years are arguably the most challenging the P&C insurance model has faced, and a worrisome series of gaps has taken shape. 

U.S. insurers remain optimistic for 2025 despite political concerns, showing increased appetite for private assets and risk-taking.

For too long, progress in the insurance claims process has been slow and incremental. The time is now ripe for reinvention. 

A study finds that U.S. homes will lose $1.47 trillion of value by 2055 because of climate change. Therein lies a major challenge — and opportunity. 

In today's volatile P&C market, brokers must evolve beyond policy sales to become strategic risk advisres.

In theory, increasing insurance premiums signals rising risk and spurs action that mitigates disasters like California's fires. In practice, climate is changing too fast, and government is being too slow.