Casualty reinsurance market adjusts to social inflation and capital influx while maintaining discipline.

The casualty reinsurance market is showing resilience despite ongoing challenges like social inflation, reserve uncertainties, and increased competition from insurance-linked securities (ILS) capital. Bob Forness, CEO of Bermuda-based MultiStrat, shared insights into the current state of the market and its future outlook. Social inflation continues to be a major hurdle. This trend is driven by … Read more

Program Power: IBA is now live at TMPAA

The 25th Annual Summit of the Target Markets Program Administrators Association (TMPAA) is happening this week in Scottsdale, drawing a large crowd that highlights how much the program business has grown over the years. What began as a small gathering of about 150 people has now grown to more than 1,800 attendees at the Westin … Read more

Global cyberattacks trigger legal surge, disproportionately impacting smaller organizations

Big cyber attacks on well-known brands like Mango, Jaguar Land Rover, Gucci, and British Airways have made headlines recently. But legal experts say the focus is shifting. Instead of just huge breaches making news, smaller cyber incidents are now also stirring up lawsuits and regulatory investigations. Josh Mooney, who leads cyber and data privacy at … Read more

ITC Vegas 2025: The Defining Moment for Insurtech

Last week, Las Vegas became the center of insurance innovation as over 9,000 insurance professionals and 762 sponsors gathered for InsureTech Connect (ITC) 2025 at Mandalay Bay. The event lived up to its reputation, offering three days filled with discussions, deals, and new discoveries that showcased the rapid changes shaping the industry. This year’s ITC … Read more

What strategies are fueling the brokerage’s rapid growth?

Greg Zimmer, the CEO of Alliant Insurance Services, recently appeared on Insurance Business TV to talk about the rapid growth of his company. Alliant was recognized as one of this year’s fastest-growing brokerages. During the interview, Zimmer shared insights about how the company spots new opportunities in the market and what drives its strong, high-performance … Read more

Allstate sued for denying business inventory claim

Ivory Gem, a small Idaho company that sells clothing online, has taken Allstate Insurance to court over a denied claim for damaged inventory worth $267,000. The lawsuit, filed in the U.S. District Court for Idaho, accuses Allstate of undervaluing the loss and delaying payment, which Ivory Gem says forced it to lay off all staff … Read more