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P&C Insurance Achieves Best Results Since 2013; Wildfire Losses, Tariffs Threaten 2025 Prospects

Triple-I: Homeowners Insurance

Personal auto insurers reported a 2024 NCR of 95.3, Impending challenges and market pressures: The general liability segment is encountering increased financial strain, as evidenced by the least favorable NCR since 2016 and the third worst since 2010. marking a considerable 9.6-point point year-over-year improvement.

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Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Cyber liability insurance helps cover costs related to: Data breaches Ransomware attacks Notification of affected parties Legal fees and fines Why it’s critical in California : California’s strict data protection laws, like the California Consumer Privacy Act (CCPA), mean IT businesses face higher liability if customer data is compromised.

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Personal Lines Underwriting Results Improve, Reducing Gap With Commercial Lines

Triple-I: Homeowners Insurance

Improvements in commercial property, commercial multi-peril, and workers compensation were offset by continued deterioration in commercial auto and general liability. Commercial auto expectations are worsening and continue to remain unprofitable through at least 2026,” he said.

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Cannabis Industry Prospects Brighten;Risks, Challenges Remain

Triple-I: Workers Compensation

While market capacity for property, commercial general liability, product liability and workerscompensation coverage has expanded – these policies remain more expensive than the same coverage purchased by similar companies in other industries.

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