Casualty
Insurance Information Institute campaigns for legal reforms in Louisiana
‘Surge of frivolous’ lawsuits has ‘clogged’ the state’s court system, according to III
RSA to adopt trading name of parent Intact
Insurer plans expansion of specialty and commercial lines business in UK
Trump tariffs raise risks for insurers
While Donald Trump may not impose tariffs on financial services, the insurance industry cannot escape the risks arising from recession, inflation or gyrating stock markets
Technology is reshaping the nature of motor claims
Claims costs should go down as the motor industry catches up with technological advancements and the increase in popularity of electric vehicles
PRA warns general insurers could face ‘challenging’ 2025/26
Stress test for general insurers coming in May 2026
BHSI names Hale as head of US casualty underwriting
Hale has been with BHSI for 12 years, most recently as senior vice-president and head of its central US casualty underwriting team
Rating agencies warn European insurers face tariff blows
Insurers could see earnings decline, claims rise and financing become more difficult
AM Best downgrades outlook on London market
AM Best report says ‘underwriting cycle management will be a key focus’ for London insurers
Florida approves 12th property insurer since reforms enacted
Newly formed Apex Star intends to write fire, homeowners’ multi-peril and commercial multi-peril coverage among other lines
Morningstar downgrades outlook on P&C reinsurers
Analysts cite tariffs, monetary policy and continued hard natural catastrophe seasons as key risks
Florida regulator accuses rival of mishandling consumer complaints
Insurance commissioner seeks ‘really robust framework’
Kansas-based non-standard motor insurer Key is liquidated
Liquidation order comes less than a month after the court ordered Key into rehabilitation
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