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The U.S. excess and surplus (E&S) casualty insurance market has been growing fast and shows no signs of slowing down. In 2023, it broke through $100 billion in direct premiums written, marking six straight years of strong growth, according to AM Best. This market has become an important option for risks that traditional insurers often … Read more

Power companies are facing a tough challenge as electricity demand keeps rising while their infrastructure ages and climate change adds new risks, a recent report from Willis Towers Watson shows. The 2025 Power Market Review reveals that while investments in renewable energy like solar and wind have nearly doubled since 2010, spending on the electrical … Read more

QBE is reshaping how insurance covers the life sciences industry to meet the demands of a fast-changing world. With new risks emerging from advances in pharmaceuticals, medical devices, and digital health, the company is building a specialized team to handle these challenges. Headed by John Livatino, Senior Vice President and head of Healthcare Liability, along … Read more

Sixth Street, a private equity firm based in San Francisco, has finalized its $5.1 billion purchase of Enstar Group, a specialty insurer that focuses on legacy businesses in Bermuda. With this deal, Enstar’s shares will be taken off the public market, and the company will operate independently as a privately owned business under the same … Read more

Trump International Hotel & Tower in Chicago has agreed to pay $4.8 million to settle a complaint over harm caused to fish in the Chicago River. The issue arose from the building’s cooling system, which pulls in river water to regulate temperature but was found to be sucking in thousands of fish and other aquatic … Read more

Texas is facing a shift in its state budget outlook as the days of big surpluses may be over. Over the past few years, the state enjoyed extra funds thanks to federal COVID-19 relief money and a boost in sales tax revenue during the post-pandemic rebound. But now, as federal emergency aid dries up and … Read more

When Hurricane Helene struck in September, it caused massive damage and led to one of the biggest insurance claim events in Central Insurance’s history. But alongside the destruction came a troubling problem: fraud. Out-of-state contractors, roofers, and tree service companies rushed into affected areas quickly. Some took advantage of vulnerable residents by charging high prices … Read more

Influencer marketing is booming, with global spending expected to hit around $32.5 billion this year. But as the industry grows, so do the legal risks for both content creators and the brands that work with them. Recent high-profile cases have shown just how costly these legal battles can be, often involving huge sums of money. … Read more

American businesses are facing growing risks from cyber threats, making it harder than ever to keep sensitive information safe. With new regulations and high-profile hacks grabbing attention, insurance professionals need to stay ahead to help their clients and protect their own reputations. A new white paper offers fresh insights designed to help insurance agents understand … Read more

A new report reveals that top-performing employees are leaving their jobs at a growing rate. These high achievers are searching for career growth opportunities, but many feel stuck as traditional paths to promotion disappear across most industries. The research, conducted by Workday, found that the number of high performers quitting has risen in every industry … Read more