Market News

Sharp Cyber-Attack Increase Seen in Volume, Sophistication, and Variety

February 22, 2018

Fortinet®, a cyber-security solutions provider, has announced the findings of its latest "Global Threat Landscape Report." The research reveals that attacks per firm have increased over the previous quarter. In addition, automated and sophisticated swarm attacks are accelerating, making it increasingly difficult for organizations to protect users, applications, and devices. Read More


Abundant Capital Restrains Market Firming Amid Property Rate Hikes

February 21, 2018

According to the latest Willis Towers Watson "Property Market Update," commercial property insurers are seeking double-digit rate hikes on catastrophe-exposed insurance programs following 2017's record natural catastrophe-related losses. Nonetheless, abundant risk transfer capacity in the form of traditional and alternative capital is dampening the potential for widespread market firming. Read More


USI Report: Unclear How Long Increased Property Pricing Will Persist

February 20, 2018

In its latest market report, "2018 USI Insurance Market Outlook," USI provides perspectives on the importance of last year's natural disasters and other market pressures. The report gives viewpoints on multiple factors, including market capacity, costs of coverage, and how the increased use of underwriting data analytics impacts insureds. Read More


NAIC Roundup: Looking Back, Looking Ahead

February 14, 2018

Look back at the changes the National Association of Insurance Commissioners (NAIC) implemented in 2017, courtesy of Johnson Lambert LLP, and then look forward, based on the NAIC's recently released strategic plan. Read More


Demotech Releases Third Quarter 2017 Financial Analysis of RRGs

February 13, 2018

Demotech's third-quarter Analysis of Risk Retention Groups reports on the overall financial performance of risk retention groups. The rating company's senior financial analyst, Douglas Powell, has concluded that Risk Retention Group (RRG) "have a great deal of financial stability and remain committed to maintaining adequate capital to handle losses." Read More