Market News
What US Health Care Will Look Like in 2035: Key Takeaways from The Doctors Company
This report from The Doctors Company examines critical healthcare trends shaping 2035, including rising malpractice verdicts, consolidation, artificial intelligence-related risks, cyber-security threats, and the growing role of advanced practice clinicians. It highlights challenges in liability, trust, and access while emphasizing the need for regulatory adaptation and strategic healthcare innovation. Read More
Casualty Reinsurance Capacity Holds Steady and Future Risks Persist
Rising litigation costs and social inflation pressure casualty reinsurers, leading to reserve strengthening and tighter margins. While capacity remains stable, concerns over future availability persist. Reinsurers securing higher rate increases may mitigate risks, but adverse reserve development continues to challenge the market. Read More
Tennessee Captive Growth Continues into 2025 with Rising Numbers and Premiums
Tennessee's captive insurance market continues expanding, reaching 182 captives and 657 cells in 2025. Captive premiums rose to $2.9 billion in 2024, up from $2.41 billion in 2023. State regulators credit strong growth to modern laws, responsible regulation, and a business-friendly environment, making Tennessee a leading captive domicile. Read More
Secondary Peril Losses Persist as US P&C Insurers Seek Rate Adequacy
US property and casualty (P&C) insurers saw improved 2024 results despite persistent secondary peril losses. Higher investment income and rate increases helped offset underwriting losses. However, challenges from weather-related claims, reinsurance capacity, and rising litigation costs continue to pressure the industry as it pushes toward rate adequacy in key personal and commercial lines. Read More
Cyber Rates Decline While Commercial Auto Costs Climb in Q4 2024
The Council of Insurance Agents & Brokers (CIAB) Q4 2024 "P/C Market Survey" reveals a 1.8 percent decline in cyber insurance premiums, while commercial auto rates rose 8.9 percent for the 54th consecutive quarter. Most lines saw stable or moderating increases, with market conditions leveling out heading into 2025 despite ongoing litigation, inflation, and underwriting challenges. Read More