Market News

A new report from The Doctor's Company finds that economic and social inflation have added $4 billion to medical malpractice losses over the past decade. The study cites escalating verdicts, higher claim frequencies, and third-party litigation financing as key factors driving rising costs for physician-focused insurers. Read More

US commercial auto insurers reported $4.9 billion in underwriting losses in 2024, continuing a 14-year losing streak. Rising loss severity, inflation, and adverse loss development outpaced rate increases. Despite improved efficiency, insurers remain burdened by high liability claims and repair costs, according to AM Best's latest market segment report. Read More

Captive insurance offers a flexible way for businesses to manage growing cyber risks, including ransomware, supply chain interference, and threats driven by artificial intelligence. By tailoring coverage, filling commercial insurance gaps, and adapting to market shifts, captives enable companies to strengthen cyber-security resilience and recover quickly from disruptive events. Read More

Howden's 2025 report reveals cyber attacks cost Germany, France, Italy, and Spain €307 billion since 2020. Despite high losses, over 70 percent of businesses lack cyber insurance. The report highlights cost-saving benefits of coverage and improved cyber hygiene, urging insurers to expand protection in underserved European markets amid falling rates. Read More

Sam Komo, captive manager with the Missouri Department of Commerce and Insurance, said Missouri is proactively addressing emerging risks in captive insurance. The state engages early with industries such as property, cannabis, and artificial intelligence-driven businesses, adapting regulatory interpretations and legislation to position Missouri captives for long-term success in a changing market. Read More