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Global Commercial Insurance Rates Drop 4% but Casualty Rates Are Rising: Marsh
Jul 24 2025 // Global commercial insurance rates fell 4%, on average, in the second quarter of 2025 following a 3% decline in Q1 2025, according to the latest Global Insurance Market Index released by Marsh, the insurance brokerage...
Competition Among European P/C Insurers Is Rising, Along With Claims Inflation: S&P
Jul 23 2025 // Competition among European non-life primary insurers is increasing, despite rising claims inflation, according to S&P Global Ratings in a report on the European insurance sector. Property/casualty commercial insurers...
Weather-Related Losses Cause AM Best to Revise Brethren Mutual’s Outlooks
Jul 23 2025 // AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Brethren Mutual Insurance Co. in...
World Court Is Poised to Mark Future Course of Climate Litigation
Jul 23 2025 // The United Nations’ highest court will deliver an opinion on Wednesday that is likely to determine the course of future climate action across the world. Known as an advisory opinion, the deliberation of the 15 judges...
Big I: Independent Agencies’ Market Share Shows Small Decline
Jul 23 2025 // The independent agency channel placed 61.5% of all property/casualty insurance written in the U.S. in 2024, a slight decline from 2023 where independent agents placed 62.2% of property/casualty lines...
AI Should Run on 100% Renewable Energy by 2030, UN Chief Says
Jul 23 2025 // Major tech firms should commit to fully powering data centers with renewable energy by 2030, said United Nations Secretary-General António Guterres. Big tech also must be responsible in its use of water for cooling,...
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